Elaina Bailes

Partner Elaina is an experienced commercial litigator who has acted on a number of high-profile and ground-breaking cases in the High Court and in leading offshore jurisdictions, including Cayman and the BVI. Elaina acts for companies, financial institutions, states and state-entities and high net worth individuals on a wide range of high-value commercial disputes. Her main practice areas include banking and securities litigation, complex fraud and asset tracing, insolvency claims and commercial disputes relating to sanctions (particularly relating to the Middle East). Key cases include: Acting for a financial institution in a dispute concerning the validity of corporate actions under the Cayman Islands sanctions regime 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 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 · Stewarts Law LLP

EnglandCommercial Litigation, Banking & Finance

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About

Partner at Stewarts Law LLP and an experienced commercial litigator who has acted on high-profile and ground‑breaking cases in the High Court and in offshore jurisdictions including the Cayman Islands and the BVI. She represents companies, financial institutions, states and state entities and high‑net‑worth individuals in high‑value disputes, particularly banking and securities litigation, complex fraud and asset tracing, insolvency claims and sanctions-related commercial disputes (notably relating to the Middle East).

Practice areas

Commercial LitigationBanking & FinanceFraud & Asset TracingInsolvencySanctions

Office

England

Stewarts Law LLP · Partner Elaina is an experienced commercial litigator who has acted on a number of high-profile and ground-breaking cases in the High Court and in leading offshore jurisdictions, including Cayman and the BVI. Elaina acts for companies, financial institutions, states and state-entities and high net worth individuals on a wide range of high-value commercial disputes. Her main practice areas include banking and securities litigation, complex fraud and asset tracing, insolvency claims and commercial disputes relating to sanctions (particularly relating to the Middle East). Key cases include: Acting for a financial institution in a dispute concerning the validity of corporate actions under the Cayman Islands sanctions regime 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 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

England

Expertise

Offshore litigation (Cayman & BVI)Banking and securities litigationComplex fraud and asset tracingInsolvency claimsSanctions-related disputes (Middle East)Financial institutionsStates and state entitiesHigh net worth individuals

Education

Philosophy and Theology, Oxford University (First Class Honours)