David Stern - Special Counsel

David has a wealth of experience in business crime, financial regulation and insurance. He is ranked in Chambers & Partners as a leader in the field of Financial Crime (London) and in the Legal 500 for Business and Regulatory Crime (including Global investigations) (London).

With over 30 years’ experience as a barrister, David has significant expertise in handling private prosecutions and related investigations in both financial and serious crime.

David regularly acts for large corporations seeking to recover insurance losses in the London Market and has a proven track record in successfully resolving policyholder claims through negotiated settlement, litigation and mediation.

David has acted as leading junior and junior counsel in many of the most high-profile proceedings brought by the Serious Fraud Office and other government regulators, often with complex cross-border issues.

David was at the forefront of the recent LIBOR benchmark manipulation scandal involving trading in excess of £350 trillion, successfully representing several clients in SFO criminal prosecutions and investigations. He is also considered to be a leading expert in the recent Cum-Ex dividend arbitrage trading scandal which involves alleged losses against European treasuries in excess of £55 billion.

David also has a particular expertise in advisory, regulatory and tribunal work arising out of financial transactions.

David is also a highly respected commercial mediator and handles a range of commercial matters with a particular emphasis on the resolution of financial services and insurance disputes.