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Astraea — England

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About

Astraea is a special situations legal and professional services firm, offering commercial legal advice and representation, as well as intelligence and investigations services as a multidisciplinary, integrated approach to solving complex problems. Leading commercial silk, James Ramsden KC, and chartered accountant and tax advisor, Nina Stewart FCA are founding partners. With rapid expansion in the last few years, supporting partners are Rob Bedford and Piers Rake, with James Badcock, Oliver Mishcon and Dhanraj Misra associated with the firm as Partner consultants. The firm is “going from strength to strength” and “is expanding steadily both at partner and associate level.” Astraea is an Alternative Business Structure (“ABS”) and brings together a team of barristers, solicitors, private client/tax experts, intelligence analysts, investigators and accountants, who work together, cost-effectively, in the client’s best interests. “The service is very personal and benefits from the combined decades of experience of disputes partners James Ramsden KC and Robert Bedford (and their teams).” The firm has the ability to scale resources using its developed network of consultants, foreign lawyers, forensic investigators and intelligence analysts. The firm has an “efficient, dedicated team that is always in contact with clients.” ### Work undertaken ### Dispute Resolution The firm undertakes the full range of disputes work, including mediation, arbitration, and litigation. With a focus on complex cross border litigation, Astraea represents high net worth individuals, family offices, major multi-nationals (including FTSE 100, Dow Jones and SSE listed companies), financial institutions and regulatory bodies, as well as governments and state-owned entities. The core business involves Commercial Litigation, Arbitration, International Enforcement, Jurisdictional Disputes and Public and Administrative Law. Commercial Litigation:The firm’s lawyers litigate, arbitrate and mediate internationally including within the UK, Singapore, Malaysia, Thailand, the US, Russia, Ukraine, Iceland, France, Germany, Gibraltar, Spain, Italy, Uruguay, Australia, New Zealand, BVI, Cayman, Jersey and The Isle of Man. James Ramsden KC has appeared as lead advocate in several of the most publicised Commercial Court cases of recent years with a particular emphasis on cryptoasset disputes for which is he considered a “star individual” and leading industry specialist. He acted as Counsel in the seminal case Tulip Trading Limited (a Seychelles company) v Wladimir Jasper van der Laan & Ors. The wider team, Rob Bedford, Rory Mulchrone, Joe Young and Lisa McCreath are recognised for their solid commercial litigation experience. Arbitration: The arbitration practice extends to all of the main arbitration forums and rules including the London Court of International Arbitration (“LCIA”), the International Chamber of Commerce (“ICC”), the Singapore International Arbitration Centre (“SIAC”) and the Hong Kong International Arbitration Centre (“HKIAC”). The firm also deals with ad hoc arbitrations. International Enforcement: Partner Rob Bedford and Senior Associate Lisa McCreath are particularly well versed in enforcement matters having managed a complex cross-border enforcement strategy in respect of a US$500 million investor-state arbitration award, issued under the rules of the Stockholm Chamber of Commerce (Stati & others v The Republic of Kazakhstan). Astraea led and oversaw the work of law firms in eight jurisdictions from the US, BVI, Luxembourg, Belgium, Netherlands, Italy, Gibraltar and Sweden. Jurisdictional Disputes: The firm often advises on cross border disputes and strategic forum shopping. The firm recently successfully established jurisdiction in the UK in respect of a claim relating to an alleged cartel operating in Brazil. Public and Administrative Law: The firm advises individuals and businesses on disputes with public bodies, including judicial review claims. The firm advises on the lawfulness of decisions made by governmental or regulatory bodies, including issues related to human rights, planning, environmental law, and regulatory enforcement. - Regulatory and Compliance Advisory The firm acts for multinationals on US, EU and UK sanctions (both compliance and investigations), and regularly acts for the Solicitors Regulation Authority (SRA) in relation to the prosecution of regulated firms. James Ramsden KC has represented the Law Society, the Institute of Chartered Accountants in England and Wales (ICAEW) and the Intellectual Property Regulation Board (IPReg). The firm has a team of leading experts in Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) work and is retained by a number of City legal and financial institutions to advise on relevant regulatory issues. The firm also advises on compliance with (and investigations by) the Financial Services and Markets Act 2000 (FSMA), the Prudential Regulation Authority Rules (PRA) rules and the Financial Conduct Authority (FCA) guidelines. Rory Mulchrone is known for his work in this area. - Forensic Investigations and Intelligence The firm investigates issues that might have criminal, regulatory or civil repercussions including suspicions of bribery, fraud, cartel activity, sanctions breaches, money laundering breaches or inappropriate relationships in a corporate setting. Experience of acting for regulators and prosecuting bodies means the firm is ideally placed to advise on whether a report to the relevant authorities is required (or to advise in situations where an investigation is likely/underway). Piers Rake joined the firm in 2023 as head of the firm’s Forensic Investigations and Intelligence practice. - Reputation Management and Crisis Response In response to crisis situations (adverse media, blackmail, emergency injunctions and regulatory and law enforcement investigations), the firm works with clients to establish a cohesive strategy reflecting legal advice, necessary investigative/forensic accountancy work and PR input (to ensure reputation management). - Fintech and Digital Assets Advisory The firm often acts on crypto disputes; a largely unregulated sector prone to fraud and money laundering. The firm has acted in a Sino-Hong Kong digital asset dispute involving alleged investor fraud. It has also acted as global counsel in one of the largest alleged crypto frauds to go to trial in the US. With a proven disputes track record, the firm advises generally on cross-border fintech regulatory compliance. It advises on legal aspects of blockchain technology, cryptocurrencies and smart contracts. - Civil fraud The firm has expertise in issues concerning the tracing and recovery of assets in civil fraud cases and is regularly instructed by government and public bodies in large scale fraud investigations. James Ramsden KC has advised in relation to the Malaysian Sovereign Wealth Fund (1MDB) scandal involving the embezzlement and global diversion of US$ 5.6 billion from the fund. He has also been instructed in significant international tracing and enforcement cases (including in relation to a $1bn Moldovan bank fraud). The firm has significant experience of asset freezing, search, and disclosure orders. - Private Client Advisory The firm offers specific expertise for high-net-worth individuals and owner-managed businesses on their personal planning and wealth holding structures (both in the UK and internationally). Work includes estate planning and wills, trusts and foundations (including contentious trusts and probate) and succession planning. - Special Situations Advisory Astraea's Special Situations Advisory Panel comprises Simon Lewis OBE, Sir Michael Rake, Kathryn Ludlow, Dr Jamil El-Imad and John Lough. These are senior leaders in fields including strategic communications, technology, investigations, corporate trouble-shooting, public affairs and diplomacy. Panel members have extensive experience advising governments, corporates and individuals in special/crisis situations. The firm leverages this experience when advising clients on complex matters. - Key Clients - Anatoli Stati & Ors - Argentem Creek Partners - Bitcoin Association & Ors - BTC Core & Ors - Innovatus Capital Partners - Madison Pacific - Molson Equipment Services Ltd - Work Highlights - Acting as global counsel for a group of international investors enforcing US$500 million investor-state arbitration award against the Republic of Kazakhstan. - Acting for the leading group of successful defendants in US$4.5 billion claim, Tulip Trading Ltd v Bitcoin Association for BSV & others [2022] EWHC 667 (Ch), one of the most important decisions so far in the cryptocurrency and blockchain space. - Acting for a defendant to a US$6million claim for unlawful means conspiracy and fraudulent misrepresentation and coordinating proceedings in relation to collateral criminal allegations in the United States in respect of an alleged US$1billion fraud. ### Languages - English - Russian - Ukrainian - French - Spanish ### Staffing Figures - 7 Partners - 7 Fee Earners

Office locations

London

London

Astraea 7 Down Street London W1J 7AJ

Practice areas

Dispute ResolutionCommercial LitigationInternational ArbitrationInternational EnforcementJurisdictional DisputesPublic And Administrative LawMediationCryptoasset DisputesInvestigationsIntelligence ServicesTaxForensic Accounting

Lawyers in this office

James Ramsden KC photo

James Ramsden KC

Senior Partner and Co-Founder James Ramsden KC has an expansive international practice in commercial dispute resolution, regulatory, disciplinary, media, sports and public law serving a diverse clientele of City, corporate, governmental and regulatory clients. He is recognised by Chambers UK and Chambers Global as a leading King's Counsel (KC) in commercial dispute resolution and civil fraud, described as “an absolute star” and “a totally dedicated and stellar leader”. He is a committed and versatile advocate who is known for leading cohesive and effective teams in complex and often time-constrained assignments. Aside from the UK, he has been admitted to or advised in multiple jurisdictions including, Singapore, Malaysia, Thailand, US, Russia, Ukraine, Iceland, France, Germany, Gibraltar, Spain, Italy, Uruguay, Australia, BVI, Jersey & Isle of Man. He was recently admitted to the Cayman Bar. James lectures widely on Anti-Money Laundering (AML), Counter-Terrorism Financing (CTF), fraud and asset recovery and is author and contributing editor for the authoritative practitioner’s reference, Butterworths’ Financial Regulation Service. · Litigation

Joe Young photo

Joe Young

Partner Joe leads on several complex and high value commercial litigation cases. Typically, Joe advises clients on breach of contract, tortious actions, corporate disputes, and civil fraud. Joe has extensive experience of achieving successful outcomes for clients via alternative dispute resolution, such as mediation. Joe trained at Pinsent Masons. In 2014, he then qualified into their Commercial Litigation and International Arbitration team. Joe advised on a mixture of high value and international disputes. Joe focused on commercial and corporate disputes, as well as Civil Fraud and Asset Recovery. Joe also specialised in Pensions and Investments Litigation and worked closely with Pinsent Masons’ Pensions Litigation Team. · Commercial Litigation

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Khrystyna Khanas

- Associate - Khrystyna is a dual-qualified English solicitor and Ukrainian advocate, specialising in cross-border commercial litigation and arbitration, with a particular focus on civil fraud disputes. Khrystyna worked on some of the leading high-profile cases in the UK concerning asset tracing and recovery, often involving freezing injunctions, disclosure orders and other forms of interim relief. She has also worked on major fraud disputes relating to crypto assets. Khrystyna has acted for both Claimants and Defendants in large and complex commercial disputes in the High Court of Justice and arbitration proceedings under the LCIA rules. She has experience in dealing with disputes throughout all stages of proceedings leading up to and including trials, as well as various interim applications and, in particular, complex disclosure exercises. Khrystyna has deep knowledge and understanding of the political and legal environments in Ukraine and Eurasia more generally. She has a particular interest in legal disputes regarding crypto, the recovery of assets and sanctions issues, as well as enforcement of awards and judgments against sovereign states, and have written various articles on legal issues arising from the Russian Federation’s occupation of Ukraine, enforcement of judgments against the Russian Federation and Russia’s use of crypto to evade sanctions. She is also a regular contributor to Astraea’s thought leadership work and legal insights. Khrystyna completed a PhD in Criminal Justice from Ivan Franko National University in Lviv (Ukraine) in 2013 and a pre-LLM course from Chicago-Kent College of Law at the Illinois Institute of Technology (Chicago, USA) in 2025. She is fluent in Ukrainian and Russian and can read Polish in a professional context. · Litigation

Lisa McCreath photo

Lisa McCreath

Senior Associate Lisa works across all of the firm's core practice areas, her focus is commercial disputes, typically involving complex claims or civil fraud with a cross-border element. This includes arbitration, mediation and civil litigation. Prior to joining Astraea, Lisa trained and practiced at a global firm that specialises in large-scale, cross-border litigation and arbitration, working between their UAE and Scotland offices. She has experience conducting litigation in the Dubai International Finance Centre (DIFC), UAE (acting alongside local counsel) and UK domestic Courts. In addition, her arbitration portfolio includes claims and awards rendered under many of the major arbitral institutions and rules, including LCIA, ICC and DIAC (and formally DIFC-LCIA). Her practice is truly international having worked with clients and legal experts in the UK, Africa, France, Sweden, Belgium, Italy, Gibraltar, BVI, Moldova, Ukraine, US, Canada, Singapore, Australia and the Middle East. Work highlights include the ongoing work for a group of international investors seeking recognition and enforcement of an state-investor arbitration award for USD 500 M in damages against the Republic of Kazakhstan. She has an active interest in the evolving body of cryptocurrency and digital asset disputes. She regularly assists on both contentious and non-contentious instructions in this area. Lisa also contributes to the firm's legal insights, which can be accessed via the Astraea website and LinkedIn. · Litigation

Nina Stewart photo

Nina Stewart

Managing Partner and Co-Founder Nina Stewart is the Managing Partner and Co-Founder of Astraea and leads on execution of strategy and all operational and growth aspects of the firm. Nina brings a wealth of professional service and board-level business experience to Astraea’s multidisciplinary offering. She is a Solicitor, a Fellow of the Institute of Chartered Accountants in England & Wales (ICAEW) and a Chartered Tax Advisor (CTA). The early years of her career were spent at a Big 4 firm in London providing international tax advice to large corporates. Since then, she has worked across a range of sectors including oil and gas, financial services and the legal sector. Nina has served on Boards and Audit Committees in both the private and charitable sectors, including chairing a private-equity-owned oil services business and serving as a trustee on the Board and chairing the Audit & Risk Committee of the NCT, the UK’s largest parenting charity. She is currently on the Board of the London Football Association (London FA), where she serves as the Independent Non-Executive Finance & Risk Director. · Tax

Piers Rake photo

Piers Rake

- Partner - Piers is the head of Astraea’s intelligence & forensic investigations team, and leads multidisciplinary engagements on behalf of clients who are navigating complex special situations. Piers is a Solicitor (20 years PQE), a CEDR Accredited commercial Mediator, a Certified Fraud Examiner, and Forensic Investigator. With a background in commercial litigation, Piers has 20 years of experience helping clients to manage risk, resolve disputes and investigate and respond to allegations or instances of financial wrongdoing and non-financial misconduct. In this time, Piers has lived and worked in the Middle East, and has conducted cross border engagements spanning Europe, the Middle East and North & Sub-Saharan Africa. He has particular experience investigating economic crime and advising regulated businesses on their legal and regulatory obligations, having been global head of financial crime Investigations at Barclays Bank Plc. Piers has led investigations into organised crime networks, high-end money laundering and fraud, in relation to drugs and human trafficking, ‘shadow-banking’ schemes, trade-based money laundering, cash-funnelling, investment and accounting fraud, cross-border corruption, tax evasion and sanction circumvention. Piers is a former investigator and adjudicator for one of the UK’s main political parties, where he undertook investigations relating to complaints against party members in a voluntary capacity. · Investigations

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Rachel McGee

Associate Rachel is an associate working across all areas of Astraea’s commercial dispute resolution practice. Since joining the firm, Rachel has formed a key part of our asset recovery and enforcement team. She has a particular interest in international arbitration and has worked as part of the team representing foreign investors in the enforcement of an SCC arbitral award against a sovereign state. Rachel trained at Astraea, qualifying as a solicitor in 2024 through the SQE route. Rachel has a degree in Philosophy and Politics from the University of Liverpool and a Graduate Diploma in Law (GDL) from BPP University. · Commercial Litigation

Robert Bedford photo

Robert Bedford

Partner Rob joined Astraea from a global firm and specialises in large-scale, cross-border dispute resolution and asset recovery. His clients include multinationals, private equity and credit funds, ultra-high-net-worth individuals, and owner-managed businesses. Recent instructions include: enforcing a US$500 million SCC arbitration award against the Republic of Kazakhstan across multiple jurisdictions, representing investors in a EUR900 million investment arbitration against the Republic of Moldova over airport concession rights, and leading a complex asset recovery action involving worldwide freezing orders against 29 defendants and Chabra respondents in five jurisdictions. He has led a number of investigations including into suspicious prepayments of almost US$300 million to a counterparty shortly before it entered insolvency and into alleged breaches of Russia related sanctions. Rob also advises clients on sanctions compliance. · International Arbitration

Rory Mulchrone photo

Rory Mulchrone

Counsel Rory was called to the Bar in 2009 and qualified the following year. An experienced advocate, he is also authorised to conduct litigation. Rory acts for clients involved in disputes of all kinds and has particular expertise in advising on and leading complex regulatory investigations, prosecutions and appeals. · Dispute Resolution