Elizabeth Callaghan has experience advising on complex domestic and multijurisdictional disputes across a number of industry sectors. Elizabeth currently acts for MasterCard in its defense of numerous substantial claims brought by European retailers in the High Court and Competition Appeal Tribunal, alleging that its interchange fees and certain network rules are anticompetitive. MasterCard has obtained groundbreaking judgments in the competition sphere in this regard, including the high-profile defeat in January 2017 of the £437m claim brought by a number of large UK retailers led by Asda Stores Limited.
Elizabeth also acted on the successful defense of Texas Keystone, the U.S. oil and gas company, against Excalibur Ventures' high-profile $1.6 billion claim for an interest in petroleum fields in Iraqi Kurdistan, which resulted in a 57-day Commercial Court trial that concluded with the Court dismissing all claims against Texas Keystone. Jones Day received numerous awards for its representation, including being named Litigation Team of the Year at The British Legal Awards, The Lawyer Awards, and Legal Business Awards.
Elizabeth's other recent experience includes: advising high net worth individuals and corporations on complex worldwide injunctive relief; advising a high net worth individual on multijurisdictional fraud proceedings; representing a global bank in connection with investigations brought by regulatory and enforcement agencies; and acting on recovery proceedings for Langbar International Limited, wrongly believed to have assets in excess of $600 million.
In 2017 Elizabeth spent seven months seconded to IBM, advising on matters arising out of complex technology services projects.
- BPP Law School, London (Legal Practice Course with distinction 2009; Graduate Diploma in Law with commendation 2008); Oriel College, Oxford University (B.A. Hons. in Philosophy, Politics and Economics 2007)
- Solicitor of the Senior Courts of England and Wales