Milbank LLP is pleased to announce the addition of highly regarded litigator, Mona Vaswani, to Milbank’s London Litigation & Arbitration team.

Ms. Vaswani has a market-leading practice, which primarily focuses on banking, finance and regulatory disputes and civil fraud and asset tracing. She advises financial institutions involved in litigation in the English Courts and with ancillary regulatory issues and investigations. She conducts fraud and trust disputes for banks, corporates and high-net-worth individuals in the English courts, as well as dealing with such litigation taking place in offshore courts.

“We are thrilled to welcome Mona Vaswani to our London office,” said Milbank Chairman Scott A. Edelman. “We have focused on strategically building our litigation capabilities in London and globally to continue providing unparalleled service on our clients’ high-stakes disputes. Mona’s expertise will strengthen and add a new dimension to our leading London practice.”

“Milbank’s London Litigation & Arbitration team continues to go from strength to strength. It has handled some of the largest and most complex disputes and investigations in the market,” said Julian Stait, Co-Managing Partner of Milbank’s London office and head of the firm’s London Litigation & Arbitration team. “We could not be more pleased to add one of London’s most widely respected and leading litigators to our team. Mona’s arrival will significantly add to the strength of the firm’s Litigation Group.”

“Mona is a truly exceptional litigator with a stellar reputation for her work on complex finance disputes fraud, and asset tracing matters,” said Dan Perry, Practice Group Leader of Milbank’s Litigation & Arbitration practice. “We look forward to working with Mona as a key member of our leading transatlantic disputes practice.”

Ms. Vaswani joins the firm from Allen & Overy, where she served as head of the Fraud practice and co-head of the Banking, Finance and Regulatory Litigation practice. Ms. Vaswani has been consistently ranked as one of the UK’s top lawyers by Legal 500 and by Chambers UK, both in the Fraud: UK-wide and Banking Litigation categories, and she was named by Who’s Who Legal as a Thought Leader in Asset Recovery in 2019.

“Milbank’s global litigation and finance expertise has established a formidable reputation for advising clients on their most complex, cross-border litigation, enforcement and transactional matters,” noted Ms. Vaswani. “I look forward to supporting the continued growth and success of the practice in London and globally.”

Milbank has continued to expand its London practice, recently announcing a 2021 office move to accommodate its continued expansion; in 2018 alone, London headcount grew by 30%. The firm was recently named “Transatlantic Law Firm of the Year” by Legal Week and The American Lawyer at the Transatlantic Legal Awards 2019, which recognize excellence in handling transatlantic legal work across a wide range of practice areas. Judges commended Milbank for providing a “great example of transatlantic collaboration,” following the growth of the firm’s London revenue by 25%.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.