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Portrait of Hugo Costa Liziario
Areas of expertise: Commercial dispute resolution


Hugo is an associate in the commercial dispute resolution team in London. He has expertise in securities litigation, banking and financial services litigation, debt claims, cross-border insolvency, professional negligence and contractual disputes.

He has previously acted for claimants and defendants, including corporate entities and high net worth individuals, both in the UK and overseas.

Hugo qualified in 2020 and joined Penningtons Manches Cooper shortly afterwards. Prior to his qualification, Hugo worked at a City-based law firm for almost five years.

Recent work highlights

  • Acting for over 100 institutional investors who have brought claims of compensation for more than £100 million against Tesco PLC in connection with its accounting irregularities.
  • Representing the liquidators of Stanford International Bank Ltd in respect of a $7 billion fraud.
  • Advising a group of leading UK high street retailers in relation to multimillion pound interchange fees claims against Visa and MasterCard.
  • Acting for a global electronics company against manufacturers of CRT and LCD screens.
  • Assisting groups of investors in film schemes claims against the promoters of those schemes as well as intermediaries.

Penningtons Manches Cooper LLP

Penningtons Manches Cooper LLP is a limited liability partnership registered in England and Wales with registered number OC311575 and is authorised and regulated by the Solicitors Regulation Authority.

Penningtons Manches Cooper LLP