A business can often find itself facing serious allegations relating to the conduct of its affairs.
It can also be placed in a position where it has no alternative but to pursue others, be it employees, directors, suppliers or professional advisers, either to recover property, seek damages or protect its reputation.
Our Civil Fraud & Asset Recovery team is experienced at dealing with complex, multi-jurisdictional fraud matters. Our work includes pursuing and defending large scale civil fraud actions in multiple jurisdictions. We are also able to advise on internal risk management policies and procedures including compliance with global anti-bribery legislation and whistleblowing.
We have extensive experience in obtaining (and resisting) the type of emergency relief that fraud cases inevitably involve, including freezing orders, injunctions and search orders. The team has a proven track record in carrying out asset tracing, particularly in the context of complex global financial structures and trust arrangements often working alongside private investigators and accountants.
We have an established network of foreign advisers who have expertise in this area, and we are able to assemble and manage specialised international teams at very short notice. This is important since, where a fraud is perpetrated or alleged, there is often a requirement to pursue or defend ancillary applications for emergency interlocutory relief overseas.
Acting as the External Administrators of Awal Bank BSC instructed by the Central Bank of Bahrain. This role involves defending and pursuing litigation to recover assets, in particular, dealing with litigation involving complex financial instruments and multi-billion USD fraud in jurisdictions including England, Bahrain and the Cayman Islands
Barclay Pharmaceuticals & Others v Waypharm LP and Others  EWHC 306 (Comm): acting for one of the world’s largest pharmaceutical wholesalers in a successful action to recover multi-million pound damages arising from a fraudulent letter of credit scheme which included obtaining a worldwide freezing order and associated litigation in Europe, the Caribbean and the Pacific
Advising and representing the former CEO and Director of a UK-based asset management company in respect of an alleged multi-million pound fraud arising from the management of a client’s sovereign wealth fund (which had a value of approximately $700m)
Acting for the Joint Official Liquidators of a group of SPVs incorporated in the Cayman Islands and in voluntary liquidation in their defence of multi-billion USD claim proceedings brought for fraud, knowing receipt and dishonest assistance, conspiracy and unjust enrichment