Companies and investors operating in the international markets can find themselves drawn into high-value disputes in a range of jurisdictions. To prevail in such matters, they require experienced counsel skilled at handling disputes before courts and tribunals across the globe and under a wide range of different laws.
Recent highlights outside of the United States includes the following:
Civil Fraud and Asset Recovery
- Successfully defended Mr. Foresman, a senior bank executive, in defence of litigation arising from an investment in a consortium bidding for assets in the Yukos insolvency. The case raised serious allegations of dishonest conduct against reputable businessmen and professionals, as well as complex issues of Russian law. It culminated in a seven-week fraud trial. The highly complex case was noted in the legal press as one of the top 20 English cases in the year it came to trial.
- Advised PJSC Tatneft, Russia’s fifth biggest oil company, in a $380 million complex fraud claim brought in English Commercial Court proceedings against four Ukrainian high net worth individuals, heard (fully remotely) in a three month trial in 2020.
- Serving as counsel to the majority shareholder in the world’s second largest razorblade manufacturer in a complex boardroom dispute with a private equity investor in the business. Involving allegations of breach of contract, breach of fiduciary duty and conspiracy, and criminal contempt, the case was fought out in a number of different jurisdictions and forums, including the high-value claims in the English Commercial Court, the Grand Court of the Cayman Islands, the Bahamas and India; arbitral proceedings in Switzerland; and criminal proceedings in Dubai.
- Acting for the director and shareholder of a UAE oil and commodities trading company, defending claims in the English High Court arising out of a time charter against both the company and the individual director for recovery of assets allegedly misappropriated. The claims, which were brought under the Insolvency Act by Greek ship-owners, were set against the background of wider insolvency proceedings taking place in UAE involving indemnities provided by related defaulting third parties.
- Advising an international trading firm and its beneficial owners with regard to proceedings involving numerous allegations of fraud and breach of fiduciary duty relating to tens of millions of dollars’ worth of losses arising out of allegedly fraudulently missold forward freight contracts.