Firm expands its professional & financial disputes group
Clyde & Co has announced the appointment of Mark Sutton as a senior equity partner in its leading professional & financial disputes (PFD) group.
With over 15 years' experience, Mark is a leader in his field, with wide-ranging knowledge of professional and financial disputes. He joins from DAC Beachcroft where he was head of global directors & officers (D&O) and financial institutions.
Mark has extensive experience advising on complex disputes in the D&O and professional liability fields. He specialises in large claims against directors, banks, corporate trustees, Lloyd's brokers, financial advisers, fund managers, stock brokers, accountants and corporate services providers. Mark recently completed a complex financial transaction arbitration dealing with the aggregation of several hundred claims, giving rise to losses in excess of £10m. The outcome was successful for the insurers.
Simon Konsta, global head of insurance, says: "Exposures for professionals are becoming increasingly global. This is due to a surge in co-operation amongst regulators and the continuing focus by claimants trying to target the 'deep pockets' of professional services networks. As a result, firms are increasingly faced with claims that transcend national boundaries."
"Anticipating this, our specialist group has kept pace with the requirements of its clients, with specialists spread across our 45 offices worldwide. With Mark in our team, supported by the firm's global network, we will be in an even better position to service our client's requirements"
Mark comments: "Clyde & Co has a market-leading PFD group, so I am delighted to be joining the team. I am looking forward to making full use of the firm's global platform to further develop my practice."
