Emmanuel Sheppard

Career

Emmanuel specialises in commercial, regulatory and public law.

His commercial practice spans international arbitration and litigation, concentrating on civil fraud, banking, and financial services often involving jurisdictional issues and conflict of laws. He recently acted for a major Middle East bank in a multi-billion dollar fraudulent trading claim arising from the NMC Healthcare insolvency. He also acted for a group of defendants in the £1.5bn fraud claim brought by the Danish authority SKAT (2020) and for the defendant in The LIA v SocGen (2017). He is currently acting in a case concerning alleged Landfill Tax fraud.

Emmanuel’s public law practice includes highly sensitive national security and extremism matters under closed material procedures (see HMAG v BBC [2022] EWHC 380 (QB)). He acted in the first judicial review challenge to powers exercised under the National Security and Investment Act 2021 and in the first EPAW judicial review concerning a challenge by a former member of the UK’s armed forces to the MOD’s block on his memoir. He is currently acting before the Investigatory Power Tribunal in a case concerning alleged misconduct by an alleged MI5 CHIS (see Beth v Security Service [2024] UKIPTrib 3).

His financial regulatory work encompasses actions for and against the main regulators and agencies. He is on the Serious Fraud Office B Panel. He acted unled for the applicant in the significant case of Frensham v The Financial Conduct Authority [2021] UKUT 0222 (TCC) concerning the topical question of regulatory action for conduct outside the professional sphere.