Skip to main content

Clifford Chance

Clifford Chance
Ada Schmitt

Ada Schmitt

Counsel

Counsel
Ada Schmitt

Ada Schmitt is a Counsel in the Litigation & Dispute Resolution practice of Clifford Chance's Luxembourg office. She handles both domestic and cross-border litigation and arbitration cases, ranging from contractual, tort, commercial or banking litigation to post-M&A, insolvency-related and enforcement disputes.

Ada represents corporate, banking and financial investor clients, including investment funds and asset managers.

She also leads on Regulatory Investigations and Financial Crime ("RIFC")-related work, assisting clients on investigations (internal and external) and with regulatory enforcement instances.

Ada is a member of the Diversity Working Group of the Luxembourg Bankers’ Association (ABBL).

  • Representing a sovereign wealth fund and its affiliates in liability claims brought against a former corporate officer in connection with an international fraud, embezzlement and money-laundering scandal.
  • Representing an investment holding company in representations & warranties and indemnity claims disputes postdating the acquisition of several major financial institutions.
  • Representing a corporate client in disputes post-dating its acquisition of an investment funds management company.
  • Representing a fund, its general partner and its investment advisor in a dispute with an investor in a particular sub-fund.
  • Representing a depository bank in liability proceedings brought by alleged investors in a Luxembourg investment fund.
  • Representing a private equity fund in Luxembourg bankruptcy-related proceedings.
  • Advising an AIFM and management company in the context of regulatory investigations and enforcement action for alleged professional deficiencies.
  • Advising a client in relation to an attachment of bank accounts, the regulatory freezing of assets (based on AML/CTF-related suspicions) and liability claims in the Luxembourg courts.
  • Advising a corporate client on potential embargo and export control violations.
  • Advising banks in connection with clients under either international sanctions or investigation by the authorities.
  • Advising a residential property developer and real estate investment group in connection with a regulatory freezing of its assets (based on AML/CTF-related suspicions).
  • Handling a large-scale forensic investigation for a corporate client to tackle potential internal misconduct.
  • Handling a large-scale forensic investigation for a banking client in preparation of forthcoming litigation.

News and client work

View all news and client work featuring Ada Schmitt

Contact details

Career and qualifications

  • University of Paris II: Panthéon –Assas (Licence en droit) 2008
  • University of Paris I: Panthéon-Sorbonne (Maîtrise en droit des affaires) 2010
  • University of Paris II: Panthéon –Assas (Master 2 professionnel de droit des affaires et fiscalité) 2011
  • Admitted as an avocat in Luxembourg 2012
  • Harvard Law School (LL.M.) 2013
  • Joined Clifford Chance 2013
  • Admitted as an avocat à la Cour in Luxembourg 2016

Professional bodies

  • Member of E.L.S.A. (Employment Law Specialists Association)
  • ABBL Diversity Working Group