Schaff, Alistair QC
Alistair Schaff QC practises as a barrister specialising in international commercial law, primarily as an advocate but also in an advisory capacity and (increasingly) as an arbitrator. Schaff is a leading commercial Silk, particularly in the fields of insurance and reinsurance, international arbitration, professional negligence and shipping/international trade.
During 2011 and 2012, he has been involved in a number of very significant cases. Schaff acted in the long-running jurisdictional contest known as the Masri litigation. He acted for insurers in the major piece of commercial court litigation surrounding Standard Life’s Sterling Pension Fund and its claim under its professional liability policy, a claim that has recently gone to the Court of Appeal. Schaff acted for insurance brokers in another major piece of commercial litigation involving the alleged loss of gold bullion in Turkey and its disputed insurance coverage. He is currently involved in a number of very large pharmaceutical liability insurance disputes. Schaff has recently appeared in an arbitration appeal concerning the attack on the World Trade Center (one event or two?). And he has also recently appeared in the Privy Council, on appeal from the Guernsey Court of Appeal, in a very significant case involving the discount rate to be applied to lump sum awards for personal injuries. Although outside Schaff’s normal area of practice, this latter case exemplifies both the range of his abilities and his refusal to limit his work to discrete areas of specialisation.
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Information sourced from the 7KBW website.
Briefings from 7KBW
The court determined a number of issues about the nature and effect of a policy of professional liability insurance.
In May 2006, the Alexandros T sank off the shore of South Africa; her owners commenced proceedings in the Commercial Court against the vessel’s insurers for an indemnity.