Experience
Key cases include:
- Acting for a group of institutional investors in their s90 FSMA claims against Glencore PLC.
- Acting for 112 financial institutions claiming under s.90 FSMA against Tesco Plc in respect of its £263m accounting misstatements
- Acting for a large number of institutional investors in their claims against RBS relating to its rights issue of April 2008 (The RBS Rights Issue Litigation [2016] EWHC 3161 (Ch)). This was the first group litigation in the financial services sphere and one of the recent leading authorities on the application of legal advice privilege
- Acting for the receivers of a BVI company pursuing fraud claims in excess of £50m against related parties
- Acting for the liquidators of a group of defrauded companies pursuing damages claims against two UK banks to recover £280m in losses
- Acted for the BVI and Cayman liquidators of Stanford International Bank Ltd (in liquidation) in a £120m Quincecare negligence claim against HSBC arising out of a multi-billion dollar Ponzi scheme. This was listed by The Lawyer as one of the Top 20 Cases of 2021
- Acting in a €500m claim against an investment bank for breach of fiduciary duty arising out of market manipulation in respect of complex credit-linked note transactions, and related offshore insolvency proceedings
Expertise
Elaina has a broad commercial practice, with particular expertise in fraud and asset recovery and securities litigation. She has extensive experience acting for insolvency practitioners in high profile fraud cases, both in the English High Court and leading offshore jurisdictions. Her technical ability to deliver on complex cases means she has a track record of achieving successful outcomes for her clients.
She also spearheads the firm’s ESG Disputes practice and is part of the firm’s Commercial Aviation Disputes team.
Career
Elaina studied Philosophy and Theology at Oxford University (first class honours). She trained and qualified at Linklaters LLP in before joining Stewarts in August 2011.
Accreditations and Memberships
- LSLA Committee member (London Solicitors Litigation Association)
- Former Co-President of Insolvency Law Commission (Common Law) at AIJA (International Association of Young Lawyers)
Publications
Elaina has written articles for The Times, City AM, the Commercial Litigation Journal and the Solicitors Journal on a broad range of subjects including:
- Litigation risk for companies in relation to ESG credentials and reporting;
- the legal implications of the re-imposed US sanctions on Iran; and
- recent developments in the case law on legal advice and litigation privilege.
She is regularly quoted in the national press, including in the FT and The Times, in relation to topical legal issues.
Recognition
Elaina is recognised in the Legal 500 as a “next generation lawyer” in the field of Banking Litigation and is listed in the 2025 Lawdragon 500 Global Plaintiff Lawyers guide. Chambers praise Elaina for her “impressive ability to manage the workstreams of a difficult case and achieve the best outcome.”
Personal
Elaina enjoys skiing, running and hiking in an attempt to counterbalance her keen interest in food and drink. She holds a WSET Level 3 award in wines and spirits, with a particular interest in the wines of Bordeaux and Australia.