Property tycoon Robert Tchenguiz has replaced Shearman & Sterling with Stephenson Harwood as his adviser on a high profile lawsuit against the Serious Fraud Office (SFO) for around £300m.
Stephenson Harwood led by commercial litigation partner Sean Jeffrey is already advising Vincent Tchenguiz in the case, which sees the brothers claim that the agency made serious mistakes in its investigation of their role in the collapse of Icelandic bank Kaupthing, of which they were executives.