Contact details

Kate Cordery

T: +44 20 7809 2397 Email Kate | Vcard Office: London

Awards

Professional negligence

Professional negligence

Commercial litigation

Commercial litigation

Kate Cordery Partner

Contact details

Kate Cordery

Kate Cordery
Partner

T: +44 20 7809 2397 Email Kate | Vcard Office: London

Kate has experience in a wide range of commercial disputes – with a focus on professional liability claims (particularly in the accountancy industry) and banking and finance disputes.
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Kate’s practice has a particular focus on professional liability claims, most regularly involving accountants, auditors and tax advisors. She is regularly instructed by two of the Big Four in relation to civil and regulatory matters and has a clear understanding of their practice and market, having previously been seconded to a Big Four Risk Management team.

In her general commercial litigation practice, her work includes the Tchenguiz litigation – regarded as one of the most complex and high profile disputes before the English courts in recent times – and acting in the leading case on the arguability of LIBOR manipulation against banks. She has acted in claims involving complex financial instruments and has experience of interlocutory and post judgment applications, including freezing injunctions and receivership orders.

As well as High Court litigation, Kate has experience of international and domestic arbitration.

"Plenty of energy and verve and is a clear thinker who inspires confidence"

The Legal 500 UK 2019

  • Finance litigation
  • Professional and management liability
  • Commercial litigation
  • Regulatory litigation

Mis-selling of complex derivative products

Advising a property investment company in relation to a High Court claim brought against one of the leading high street banks concerning the mis-selling of complex derivative products.

Tchenguiz Family Trust v Kaupthing

Acting against Kaupthing Bank (in liquidation). The sums involved represented a third of the GDP of Iceland. Stephenson Harwood was awarded Litigation Team of the Year in 2012 (The Lawyer) for this litigation.

More: Finance litigation

Accountants' negligence

Regularly acts for two of the Big Four in relation to professional liability issues, including claims relating to complex tax arrangements and reliefs such as Film Sale and Leasebacks, Enterprise Zone Investments and Entrepreneurs’ Relief.

Solicitors' negligence

Acting for individuals in a professional negligence claim against a firm of solicitors in relation to conveyancing work.

Solicitors' negligence

Acting for a fund manager in connection with claims in professional negligence against a global law firm arising from the restructuring of a large European bank.

Rectification of Scheme Rules

Acting for a company in Part 8 rectification proceedings relating to an amendment to the Scheme Rules relating to the age at which final salary benefits could be taken.

More: Professional and management liability

Solicitors' negligence

Acting for a fund manager in connection with claims in professional negligence against a global law firm arising from the restructuring of a large European bank. 

More: Commercial litigation

Money laundering investigation

Successfully assisting an overseas bank in avoiding FCA enforcement action in relation to a money laundering investigation concerning their dealings with politically exposed persons.

UK LIBOR investigation

Representing an individual who was the subject of FCA and SFO LIBOR investigations.

Insurance company redress scheme

Advising an insurance company on the development and implementation of a redress scheme.

More: Regulatory litigation

  • Accountancy firms

Accountants' negligence

Acting for one of the Big 4 in a multi-party professional negligence claim relating to historic tax advice.

Secondment

Six month secondment to national risk management team of one of the Big 4 accountancy practices.

Risk and contentious issues for accountancy practices

Advising two of the Big 4 accountancy practices on risk matters and contentious issues.

More: Accountancy firms

Awards

Professional negligence

Professional negligence

Commercial litigation

Commercial litigation

Latest news & insights

19 Jun 2020

From Insights

FRC audit investigations and the audit client’s privilege

A recent High Court case has considered the approach to be adopted by an auditor in an FRC investigation, where it has been ordered to provide disclosure of documents ..

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11 Jun 2020

From Insights

Carillion Plc (in liquidation) v KPMG LLP and KPMG Audit Plc [2020] EWHC 1416 (Comm)

A recent unsuccessful application by Carillion for pre-action disclosure from its former auditors, KPMG, confirms that such orders remain outside the "usual run" of ma..

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12 May 2020

From Insights

A new duty of care emerges on unusual facts in an audit context

Recent High Court decision - Mr Amjad Rihan v Ernst & Young Global Limited & Others [2020] EWHC 901

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14 Apr 2020

From Insights

Canada Square Operations Ltd v Potter [2020] EWHC 672 (QB)

Mr Justice Jay has dismissed the appeal of Canada Square Operations Ltd (formally Egg Banking PLC) against a first instance decision granting compensation for undisclo..

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09 Apr 2020

From Insights

COVID-19 and the “new normal” for company reporting

The immediate focus for Britain’s authorities when dealing with the COVID-19 pandemic has been, quite rightly, to secure the best possible health outcome for the great..

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04 Feb 2019

From Insights

Manchester Building Society v Grant Thornton

The Court of Appeal this week handed down its judgment in the case of Manchester Building Society v Grant Thornton, dismissing MBS’ appeal against a judgment of the Co..

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20 Dec 2018

From Insights

Update on litigation privilege

2018 has seen a flurry of cases concerning the ambit of legal professional privilege, in particular the scope of litigation privilege, including the high profile Court..

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26 Sep 2018

From Insights

FRC v Sports Direct

In what "is believed to be the first application of its type to have reached the courts", Arnold J in Financial Reporting Council Limited v Sports Direct International..

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19 Apr 2018

From News

Stephenson Harwood promotes eight to partnership

Law firm Stephenson Harwood LLP has promoted five lawyers to partner and three lawyers to local partner, effective 1 May 2018.

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17 Jan 2018

From Insights

Investigation and enforcement: the FRC and FCA enter into a Memorandum of Understanding

On 20 December 2017, the FRC and the FCA entered into an MoU. The purpose of the MoU, although not legally binding, is to "assist co-operation and co-ordination" betwe..

More

01 Dec 2017

From Insights

Court of Appeal rules investor has no contractual right of action against issuer in respect of bearer notes

The Court of Appeal has ruled that an investor with an interest in promissory Notes does not have a direct claim against the issuer for breach of contract in respect o..

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