Fraud and Asset Tracing

 

Charles Fussell & Co LLP has extensive experience of fraud and fraud-related matters, including asset tracing.  Given the current economic climate we anticipate that this is likely to be a very busy and important area of practice in the coming period. 

We recognise the importance of being able to preserve assets and evidence at an early stage of any matter in order to make proceedings effective. We have experience of obtaining pre-emptive remedies on behalf of clients, including freezing and search and seizure orders. We also have experience of obtaining such orders in foreign jurisdictions including the Cayman Islands, the British Virgin Islands and Jersey.  We work with many leading firms of investigators to identify and locate assets and evidence in support of an investigation or legal action. Our lawyers’ recent experience includes:

• Acting on behalf of a liquidator of a UK holding company in relation to an investigation of alleged misappropriation of the companies’ assets

 

• Acting for the former chairman and major shareholder of Queen’s Park Rangers football club in a multi-million pound dispute arising out of the takeover of the club by Flavio Briatore

 

• Acting on behalf of an individual in relation to the fraudulent misappropriation of assets in a designated bank account by an advisor

 

• Acting on behalf of an individual in relation to the fraudulent misappropriation of funds from a trust account held for the purposes of trading on the UK stock market

 

• Acting on behalf of creditors of a hedge fund which collapsed due to the fraudulent activity of its manager

 

• Conducting an investigation of behalf of a company in relation to the allegedly fraudulent activities of a number of individuals, including obtaining extensive freezing and search and seizure orders against such individuals

 

• Advising and acting on behalf of a liquidator of a collapsed Cayman Islands company in relation to potential claims against the companies’ former advisors and a third party bank

 

• Acting on behalf of the claimant in the Tadaz litigation in the Commercial Court

 

• Representing a high net-worth individual against a law-firm in relation to an alleged fraud

 

• Advising an FSA-regulated company in relation to the termination of a Participation Agreement

 

• Acting on behalf of an individual in relation to the fraudulent misappropriation of assets in a designated bank account by an advisor

 

• Acting on behalf of an individual in relation to the fraudulent misappropriation of funds from a trust account held for the purposes of trading on the UK stock market

 

• Acting on behalf of creditors of a hedge fund which collapsed due to the fraudulent activity of its manager

 

• Conducting an investigation of behalf of a company in relation to the allegedly fraudulent activities of a number of individuals, including obtaining extensive freezing and search and seizure orders against such individuals