Stuart Alexander Law, 62, the co-founder and long-time CEO of property finance giant Assetz Capital, is at the centre of a legal dispute brought by a specialist litigation funder on behalf of disgruntled investors.
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Reporting by freelance journalist and blogger Daniel Cloake
Assetz, founded in 1999, says it has financed one in every twelve new-build homes in recent years. But court filings, exclusively reported on by Mouse in the Court, revealed a claim that its CEO Stuart Law personally accepted liability to pay funds which would flow to individuals “who were deeply (and understandably) unhappy about the conduct of [Mr Law] and the huge losses they had suffered as a result of investing in [Law’s] Cape Verde company”.
Mr Law denies accusations of wrongdoing and says in legal pleadings “that the claim should be struck out”.
A trial has now been listed to begin on October 12th 2026 at the County Court in Central London, with the exact timetable subject to detailed discussions in court earlier today.
Barrister Jon Colclough, appearing on behalf of the claimant Manolete, said he would take half a day to cross-examine Mr Law in the witness box, and that his client would be producing three witnesses themselves. Half a day for each of those would be a “sensible and pragmatic” use of the court’s time he submitted.
The request by Ben Harding, the barrister representing Stuart Law, for an extra half day, was denied by the judge who said this would “add to the cost of the trial in a way which I’m not persuaded is justified”.
Mr Colclough then raised an outstanding issue of disclosure – in essence, we were told that Law had referred to his reliance on legal advice received during the signing of the underlying contract in his witness statement.
It was submitted that this meant legal privilege had been waived over the advice and so should be disclosed to the claimant.
Colclough said the defendant had been given nine days’ notice of this application which meant they should be able to deal with it today’s hearing without suffering “unfairness”.
Mr Harding resisted the application asserting that, whilst the request had been “put on a very short and simple basis” the matter was “not straightforward”, requiring detailed consideration.
His Honour Judge Johns KC, speaking with a distinct Cornish accent, described the application as having “very significant” consequences. He ruled “a hearing can be given for the application and arrangements made which won’t disrupt the trial”, adding that, as a matter of fairness, this would give the defendant more time to consider the points raised.
A two-hour hearing, to be heard remotely, would be held on September 25th 2026, to determine whether privilege had been waived in whole, in part, or at all. Mr Harding was told his client should have all the applicable documents ready to disclose at that hearing to avoid causing any more delay.
Manolete Partners Plc v Law
Case number: BL-2025-000543 / M10CL627
Court 52 County Court Central London
10am 11th September 2026
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