Stephanie Forrest helps clients resolve complex cross-border disputes across a broad range of industries and practice areas, both in court and through arbitration and mediation. She has a diverse portfolio of high-stakes disputes, including class/group actions, ESG litigation, post-M&A, shareholder and joint venture matters, and complex commercial and contentious regulatory matters.

Ms. Forrest’s clients are global in nature, and she regularly helps them navigate the various legal, commercial, and reputational risks that they may face in the various jurisdictions they operate in. She frequently assists corporate executives and boards in developing and implementing litigation strategy as well as ESG and business and human rights management strategies.

Ms. Forrest is widely recognized for her extensive arbitration experience (including by Chambers and The Legal 500). She has represented clients in numerous international investment treaty and commercial arbitrations in common and civil law jurisdictions worldwide, under the auspices of the world’s leading institutions and on an ad hoc basis. Ms. Forrest accepts arbitrator appointments and regularly speaks and publishes on topical issues in international arbitration.

Ms. Forrest’s recent experience includes representing:

International Arbitration

  • A global technology investor in an ICC arbitration concerning a multi-billion dollar food delivery venture
  • A syndicate of banks in an LCIA arbitration enforcing equity support and completion guarantees provided in a complex Islamic project financing transaction in the renewable energy sector
  • An Asian renewable energy company in their defense of a US$2 billion indemnity claim brought by former management in a London-seated LCIA arbitration
  • A private equity fund in a SIAC arbitration concerning an investment in the telecommunications sector in South-East Asia
  • A Dubai commodities company in a SIAC arbitration concerning an Ex-Ship contract under the British Petroleum General Terms and Conditions (BP GTCs)
  • An American multinational conglomerate in an ICC arbitration against an aerospace manufacturing company
  • A European investor in a PCA-administered UNCITRAL treaty arbitration against an East Asian state in relation to claims arising out of the expropriation and unfair treatment of an investment in an agricultural business, with over US$300 million in dispute*
  • A central Asian government in a SIAC arbitration arising under a FIDIC 2006 contract for a major road construction project* 
  • A leading mining company in a PCA-administered UNCITRAL investment arbitration against an African state*
  • A group of banks in an ICSID arbitration against an Eastern European state regarding investment treaty claims relating to the conversion of foreign currency loans*
  • A state-owned telecommunications company defeating claims of more than US$100 million in a UNCITRAL arbitration concerning a joint venture in Southeast Asia*

Complex Litigation

  • Several major energy companies regarding climate change litigation matters in various jurisdictions
  • An international sporting organization regarding multi-jurisdictional ESG litigation matters
  • An international financial institution on a range of issues relating to a cancelled liability management exercise
  • Lufthansa AG in one of the largest and most complex series of group litigation matters before the English High Court and the Court of Appeal*
  • A leading South American shipping company in multi-party cartel damages litigation matters before the English High Court, the Court of Appeal, and Competition Appeals Tribunal*
  • Counsel to various clients in investigations and enforcement proceedings initiated by the Serious Fraud Office, the United States Department of Justice, and the World Bank*
  • Counsel to various clients in applications regarding violations of human rights instruments before the European Court of Human Rights and the African Court of Human and People’s Rights*

International Law

  • An international energy company regarding the validity of hydrocarbon exploration licenses under international law*
  • An intergovernmental organization on a range of issues arising under certain bilateral international agreements*
  • A leading aerospace company on a range of WTO treaty issues, including subsidies and countervailing measures* 
  • A Middle Eastern government on issues of state immunity and rights to resources under international law*
  • A Japanese multinational conglomerate on NAFTA/USMCA, TPP, TTIP, and other trade and investment treaties* 
  • A German multinational pharmaceutical group on EU trade law and anti-dumping measures*

*Matter handled prior to joining Latham

Bar Qualification

  • England and Wales (Solicitor)


  • Master of Law, University College London, 2015
  • Bachelor of Arts in Law, University of Cambridge, 2014
  • Master of Public Policy, University of Calgary, 2012
  • Bachelor of Arts in International Relations and Economics, University of Calgary, 2011