Novara launches a global disputes and regulatory practice led by newly hired partner Tony Andriotis, citing cross-border activity and economic uncertainty.
Law.asia reported that Novara has launched a global disputes and regulatory practice led by Tony Andriotis, the firm's newly hired partner. Andriotis, global head of the litigation and regulatory practice, will divide his time between Novara's Tokyo and New York offices. Wolter said his role spans both ends of the Asia-United States corridor, meaning he will spend significant time in both cities and in the London office.
Andriotis arrives from DLA Piper, where he spent six years and led the firm's international arbitration practice in Japan. Novara global managing partner Marcus Wolter told Asia Business Law Journal that Andriotis brings more than 20 years of cross-border disputes experience.
Wolter said the practice was established in response to cross-border activity and uncertainty caused by geopolitics and the global economy. He said volatility is making deals harder to diligence and more likely to fail or turn sour after closing, and that the firm wanted clients to get dispute and regulatory advice before a deal is signed.
The practice will focus on various sectors, with technology at the forefront. Wolter named blockchain and fintech, AI, robotics, renewables and gene editing. He said Andriotis's experience covers technology, financial services, trading, manufacturing, energy, life sciences and defence.
Andriotis will work with Novara's lawyers in other offices. Wolter said any further expansion of the practice would be guided by client demand.
