Liam Prescott

Partner

Head of Litigation and Regulatory, Australia

About

Areas of FocusEnergy and Natural Resources Financial Services Media, Sport and Entertainment Litigation, Arbitration and Investigations International Arbitration

Professional QualificationsSolicitor of the High Court of AustraliaSolicitor of the Senior Courts of England and WalesSolicitor of the Supreme Court of Queensland

EXPERIENCE

Defending Domino's Pizza Enterprises Limited in a novel (test case) class action before the Federal Court of Australia concerning the Australian Consumer Law and wages of franchisee employees.
Advising a Japanese multi-national energy company in a high value contractor dispute.
Acting for a French multi-national construction and engineering company in NSW Supreme Court proceedings relating to the share purchase agreement for an Australian subsidiary of a Finnish company.
Advising an Australian renewable energy development and storage investment company in a shareholder dispute concerning a solar farm.
Advising a national insurer in relation to warranty and indemnity claims arising from its sale of a significant interest in a national automotive repairs business.
Acting in a multi-jurisdictional team of DLA Piper Partners for an international joint venture in an ICC arbitration seated in Singapore arising from an EPC contract for the Ichthys Onshore LNG Project (Northern Territory) which is Australia's largest LNG project.
Acting for Timor-Leste in the successful landmark ICSID arbitration concerning a disputed fuel supply contract (Link to ICSID Award). This was the first ICSID case heard in Australia and provides guidance on Timor-Leste's foreign investment laws and procedures.
Acting for Timor-Leste in subsequent related but separate proceedings before the Australian Federal Court and the Victorian Supreme Court.
Acting for the Securities and Exchange Board of India (SEBI) in Australian Federal Court proceedings relating to the Pearls Ponzi scheme involving more than USD8 billion and USD58.5 million Indian investors. The proceeding involved tracing more than AUD$140 million in funds misappropriated from India and used to buy property in Australia, including the Gold Coast Sheraton Mirage.
Acting for Domino's Pizza Enterprises Limited in Federal Court litigation relating to the Domino's/Navman Wireless GPS Driver Tracker technology platform. This litigation was one of the most complex intellectual property disputes concerning ownership of GPS data tracking technology in Australian history. The litigation settled on terms that allowed Domino's to continue to use the technology both in Australia and in all of its overseas operations.