Sally Stitz has extensive experience advising on and managing complex disputes in Australia and London. She regularly acts for clients in significant and high-pressure situations, particularly in the financial services, corporate, and energy sectors.
Sally's recent large-scale disputes experience includes acting in multibillion dollar lawsuits of litigation regarding two of Queensland's major LNG (liquefied natural gas) projects. She has also managed a wide range of disputes in the energy sector relating to joint venture arrangements, sale and purchase agreements, offtake arrangements, operations, and audits.
Sally has acted for leading investment and retail banks, and insolvency practitioners, in an array of litigious and contentious regulatory matters. Those matters include the Bank Charges Test Case and investigation in London and disputes arising out from the corporate collapses of the Parmalat Group, the Lehman Brothers Group, and the Octaviar (formerly MFS) Group. Sally acted in a range of insolvency matters during the global financial crisis.
Sally also maintains a general commercial disputes practice, regularly advising clients on post- transaction issues, professional services issues, privilege, injunctions, and restraints of trade.
Experience
The following represents experience acquired prior to joining Jones Day.
Banking and Financial Services Litigation
Acted for international retail banks in litigious and contentious regulatory matters involving collateralized debt obligations and other debt securities, rogue trading incidents, and actions for recovery of foreign tax credits.
Insolvency Litigation
Acted for the liquidators of two Octaviar Group subsidiaries in relation to the insolvent administration of those companies, including the management of intercompany and creditor disputes and third-party claims.
Advised the liquidators of Lehman Brothers Australia Limited on the insurance-related aspects of the winding up involving an investor class action, successful settlement of claims on local and global insurance policies, and the development of an investor claims resolution process.
Acted for Deutsche Bank in insolvency litigation arising from the collapse of the Parmalat Group, including successfully settling multiple claims by the Italian Extraordinary Administrator, managing Italian criminal insolvency-related proceedings, and advising on the management of claims by tens of thousands of investors.
Acted for insolvency practitioners in urgent and contentious circumstances, including obtaining orders appointing administrators to the UK subsidiaries of major Icelandic banks.
Commercial Litigation
Acted on a diverse range of issues across multiple industries, including share sale disputes, directors' duties, members' remedies, restraints of trade, negligent valuations, negligent audits, asset sale agreements, prospectus and offering document liabilities, fraud/lease/license disputes, and stock lending issues.
Investigations
Advised the UK subsidiary of an international financial services provider on enforcement action undertaken by the former Financial Services Authority.
Advised on various investigations by the Office of Fair Trading, former Financial Services Authority, and the Serious Fraud Office in London.
- University of Queensland (LL.B. Hons. 1999; Bachelor of Commerce 1997)
- Supreme Court of Queensland and High Court of Australia