Mark Lakin

Mark Lakin

Overview

Mark is Senior Associate at Stephenson Harwood, Dubai. He is a skilled litigator with extensive experience in shipping, commodities and trade finance disputes. Having trained in London and practiced there for the first five years of his career, Mark moved to Dubai in 2017 in order to focus on building the Firm’s shipping and commodities practice in the UAE. He continues to be heavily involved in arbitration and Court cases in England for clients based the Middle East whilst also becoming a specialist in matters before the Dubai International Financial Centre Courts and arbitrations seated in the UAE.

He has acted for a cornucopia of clients, ranging from oil majors, state-owned oil companies, trading houses, smaller independent commodities traders, shipowners, hedge-funds and banks. The majority of those matters have been arbitrations in the major shipping and commodities forums, including the LMAA, LCIA, DIFC-LCIA, DIAC GAFTA, FOSFA, ICC, UNCITRAL, SIAC, HKIAC and the first case before the newly formed Emirates Maritime Arbitration Centre (EMAC). The disputes have ranged from modest demurrage disputes to oil and gas disputes worth hundreds of millions of dollars. His reported Court cases in England include H&CS v RBRG Trading, Petrosaudi Oil Services v Novo Banco & Ors and Integral Petroleum SA v Perogat FZE & Ors. In Dubai he has recently acted in one of the leading cases on the enforcement of foreign judgments in the DIFC - Essar Global Fund Limited v Barclays Bank PLC & Ors. 

Mark has also undertaken a number of secondments with both trading houses and trade finance banks, which has led to him being involved in non-contentious work such as advising on the structuring of trade finance facilities and “repo” sale contracts. 

Stephenson Harwood, Dubai