Peter Stevenson

Called: 2008

Practice Overview

Peter has a broad commercial practice with a particular emphasis on shipping, marine insurance, private international law, insolvency law and commercial injunctions.

Peter is recommended as a leading junior in The Legal 500 and in Chambers & Partners UK in which he is variously described as ‘bright and punchy on his feet.’  ‘savvy, quick and sharp’, ‘someone who can turn things around very quickly” and ”very good at getting to the nub of the issue."

Peter regularly appears in the High Court and has been led in a number of significant appellate cases both in the Court of Appeal and the Supreme Court including The Alexandros T  [2014] 1 Lloyd's Rep. 223, Star Reefers v JFC [2012] 1 C.L.C. 294 and The Cendor Mopu [2011] UKSC 5

  • What the directories sayView More

    • "...Gives clear, no-nonsense advice."... "A very bright and astute barrister who thinks a couple of moves ahead of the opponents..."

      (Chambers UK, 2018)
    • "...He has good experience in the area...."

      (Legal 500, 2017)
    • "...very commercial and very responsive, he really gets to the nub of things..." "...he is good when we are struggling, he comes up with good ideas..."

      (Chambers UK, 2017)
    • ..."very able, confident and a good advocate"...

      (Legal 500, 2016)
    • “...very savvy, quick and sharp, he is someone who can turn things around very quickly...” “...he is very good at getting to the nub of the issue...”

      (Chambers UK, 2016)
    • “...bright and punchy on his feet...”

      (Legal 500, 2015)
  • Shipping & Maritime K View More

    Peter is recommended as a leading junior in the field of shipping in both the Legal 500 and Chambers and Partners.

    Dry shipping

    Most of Peter’s dry shipping work is in arbitration. He has been instructed in a wide range of charterparty and bill of lading disputes concerning issues including (amongst others), unsafe port/berth claims, cargo claims (for damage and delay), unsafe cargo claims, laytime/demurrage claims, claims concerning liens on cargo and freights, speed/performance claims and off-hire claims, claims concerning piracy and war risk, claims under the NYPE implied indemnity and claims for contributions to general average.

    Peter has also acted on a number of reported cases including The Alexandros T [2013] UKSC 70) and the leading case on anti-suit injunctions.

     Illustrative case include:

    • 5 day arbitration concerning a ship-owners’ responsibility in respect of dangerous cargo. Peter was instructed as sole counsel for the Owners.
    • 8 day arbitration in respect of damage to cargo said to have been caused by the grounding of a bulk carrier (total claim in excess of US$10m).
    • Aquavita International v Ashapura Minechem [2015] EWHC 2807 and [2014] EWHC 2806 (Comm), in which Peter acted for the successful owners in a case determining the proper measure of loss to be applied following a repudiatory breach of a COA.
    • Tartsinis v Navona Management Co [2015] EWHC 57 (Comm), in which Peter (led by Robert Bright QC) acted for the successful defendant in a dispute concerning the rectification of the price structure under which five vessels were purchased
    • SK Shipping Co Ltd v STX Pan Ocean Co Ltd (2014) in which Peter acted for the claimant shipowners pursuing proceedings against a company subject to insolvency proceedings in South Korea. Peter acted in both the application for permission to proceed with the arbitration proceedings and the ensuring arbitration.

    Wet Shipping

    Peter is instructed in an increasing number of collision and salvage matters.

    • The Atlantic Polaris in which Peter was instructed as sole counsel for the owners and insurers of an oil terminal in their High Court Claim against the owners of a vessel following a collision with a jetty
    • 4 day LOF arbitration (led by Timothy Hill QC) acting for salvors in high value salvage disputes
    • 5 day LOF arbitration (led by Timothy Hill QC) acting for salvors resisting an application for correction to an award
  • Insurance & Reinsurance K View More

    Peter has been instructed as junior counsel on a number of high-profile insurance disputes. He is also instructed as sole counsel on a broad range of marine insurance disputes. Illustrative cases include:

    • The Cendor Mopu,[2011] UKSC 5 in which Peter was led by Steven Gee in the first marine insurance case to reach the Supreme Court. The case turned on the scope of the inherent vice exclusion in the Institute Cargo Clauses.
    • The Alexandros T [2013] UKSC 70 in which Peter (led by Steven Gee QC) acted for the successful Lloyd’s Market Insurers in the leading case on the operation of Articles 27 and 28 of the Brussels Regulation.
    • Osprey Underwriting Agency v Steamship Mutual a High Court Claim concerned with the rights of contribution between consecutive insurers;
    • Arbitration in which Peter acted for insurers seeking to recover payments on account from the insured;
    • LMAA Arbitration in which Peter acted for the insurers in a dispute concerning the effect of a follow clause in marine insurance contract on the right to avoid for material non-disclosure.
  • Commercial Dispute Resolution K View More

    Peter is frequently instructed in general commercial disputes, both as sole and junior counsel. Many of Peter’s commercial cases involve issues of jurisdiction or injunctive relief and he is regularly instructed on emergency injunction applications including applications for freezing injunctions, anti-suit injunctions and anti-arrest injunctions.

    Illustrative cases include:

    • Aquavita International v Ashapura Minechem [2015] EWHC 2807 and [2014] EWHC 2806 (Comm) in which Peter acted as sole counsel in a High Court Claim against guarantors. The case concerned the proper law to be applied to a letter of guarantee where no express choice is made.
    • Tartsinis v Navona Management Co [2015] EWHC 57 (Comm), in which Peter (led by Robert Bright QC) acted for the successful defendant in a dispute concerning the rectification of a share sale agreement.
    • The Alexandros T [2014] 1 Lloyd’s Rep. 223 in which Peter (led by Steven Gee QC) acted for the successful Lloyd’s market appellants in the Supreme Court. The case concerned whether proceedings in England to enforce the settlement and the jurisdiction agreements involved the same cause of action as proceedings in Greece alleged to be in breach of the settlement and the jurisdiction agreement.
    • Bankhaus Wolborn v China Construction Bank [2012] EWHC 3285 in which Peter (led by Vasanti Selvaratnam QC) was instructed to seek leave to appeal a decision not to stay proceedings brought under a refund guarantee.
    • Star Reefers v JFC [2012] 1 C.L.C. 294, [2011] EWCA Civ 1065, [2011] EWCA Civ 1052, [2011] 2 Lloyd's Rep. 215, in which Peter (acting on his own and led by Steven Gee QC) appeared for the successful appellants in a leading case on the circumstances in which a non-contractual anti-suit injunction should be granted.
  • Insolvency & Restructuring K View More

    Peter has a particular interest in the field of cross-border insolvency and has been instructed on a number of cases concerning the application of the EC Regulation on Insolvency Proceedings and the Cross Border Insolvency Regulations 2006. Peter has also represented various creditors seeking the winding up of debtors.

    Illustrative cases include:

    • SK Shipping Co Ltd v STX Pan Ocean Co Ltd (2014) in which Peter acted for the shipowners seeking permission to pursue arbitration proceedings against a company subject to insolvency proceedings in South Korea.
    • $3million arbitration in which Peter acted for a company subject to rehabilitation proceedings in Greece. Case turned on applicability of the EC Regulation on Insolvency Proceedings to the new Greek rehabilitation regime.
    • Madoff Securities International Ltd (in liquidation) v Yacht Bull Corporation[2010] EWHC 133 (Ch) in which Peter advised Financiere Meerschaert SA on the scope of the EC Regulation on Insolvency Proceedings
  • Shipbuilding K View More

    Peter is regularly instructed in complex and valuable shipbuilding and ship purchase disputes. He has advised on issues ranging from late delivery, repudiatory breach, refund guarantees and option agreements. Recent examples include:

    • Acting as sole counsel for buyers in $6million arbitration claim against yard concerning delays and subsequent cancellation of the construction of two vessels.
    • Acting for buyers in multimillion dollar claim alleging delayed delivery and unsatisfactory quality of a superyacht. Case raised complex issues as to the quantification of the buyers’ loss.
    • Marsol DP2 v ITC Offshore (Commercial Court) in which Peter (led by Timothy Hill QC) acted for the buyers of two anchor handling tugs in a dispute concerning their on-sale following delivery.
    • Tartsinis v Navona Management Co [2015] EWHC 57 (Comm), in which Peter (led by Robert Bright QC) acted for the successful defendant in a dispute concerning the rectification of the price structure under which five vessels were purchased.
  • Energy & Natural Resources K View More

    Peter has been instructed in a number of offshore and energy disputes. Notable examples include:

    • US$20million arbitration claim in which Peter was instructed (as sole counsel) by the constructors of a wind farm. The case concerned delays to the installation of various wind turbine generators.
    • US$56million claim arising from a state oil company's failure to pay for use of rig support vessels. 

"...very commercial and very responsive, he really gets to the nub of things..." "...he is good when we are struggling, he comes up with good ideas..."

(Chambers UK, 2017

Academic


MA (Hons) (First Class),University of Edinburgh [1998-2002]
CPE (Distinction), City University [2006-2007]
BVC (Outstanding), BPP Law School [2007-2008]

Appointments


Prior to being called to the Bar, Peter Stevenson worked on the foreign desk at The Times and as an aide to a US presidential candidate.

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