Represented the Hong Kong office of a major international accountancy firm in litigation over the use of offshore trusts established and controlled by that firm in a fraudulent scheme by the former directors of a New Zealand company and its solicitor to keep its major assets from creditors and a liquidator.
Represented the Hong Kong office of a major international accountancy firm in litigation over the use of offshore trusts established and controlled by that firm in a fraudulent scheme by the former directors of a New Zealand company and its solicitor to keep its major assets from creditors and a liquidator.
Representation of a number of linked parent and subsidiary companies incorporated in the Cayman Islands and the directors of those companies accused of fraudulent dealings and dissipation of company assets valued at over US$ 200 million. The matter spanned a period of eight years and involved allegations of fraudulent share issuance and misappropriation of company assets. Civil and criminal proceedings brought in the United States cited dealings in South America, Central America, the United States and the Cayman Islands.
Represented international stamp traders who provided stamps to a company related to two high profile Spanish entities which defrauded at least two hundred thousand victims because (i) they did not have all the stamps they had supposedly purchased for their clients; (ii) the value of the stamps was grossly overestimated. The Spanish companies are being investigated by Spanish authorities and have been declared insolvent, with claims exceeding several thousand million euros and assets of approximately 10% of such claims. Both companies have been accused before Spanish Courts of fraud, and the Audiencia Nacional is now investigating the case.
Acted against a company related to Forum Filatélico, which purchased but did not pay for stamps amounting to €3,790,013. Simultaneously to fraud criminal proceedings, a debt claim was filed against this company, and as a precautionary measure, assets of the company were seized. Successfully attached the debtor's bank accounts in Spain, and a search for further assets is ongoing.
Representation of a Dutch and Swiss client in the main fraud proceedings pending in Spain involving a several million Euro fraud and a hundred thousand victims.
Representation of a Cypriot company in bringing fraud claims in various European and Caribbean jurisdictions relating to the control of a US$ 1 billion telecommunications company.
Representation of victims of a multi-million dollar Italian fraud in bringing claims for breach of fiduciary duty against UK solicitors and in advising in relation to parallel criminal proceedings in Italy.
Represented the Finnish and Swedish subsidiaries of International Paper in a landmark criminal and civil case (both in terms of precedent and the monetary interest at stake) concerning unlawful disclosure of business secrets by certain individuals and entities.
Represented Finnish corporations in matters regarding alleged violation of securities legislation by their directors and/or employees.