Our Insolvency & Restructuring and Disputes teams specialise in every aspect of fraud, asset recovery and contentious insolvency issues.
Our specialist lawyers act for insolvency practitioners across the UK, from sole practitioners to the Big 4, as well as creditors and directors. We are panel-appointed or approved solicitors for various creditors from financial institutions, landlords, insurers, debt purchasers, local authorities, utility companies, and many more. Our team regularly deals with multi million pound domestic and cross border cases and is extremely experienced in injunctive reliefs with several experienced supervising solicitors on the team.
Our practice has long been recognised for its expertise in fraud and contentious insolvency in dealing with provisional liquidations and asset recovery following claims against directors and third parties, particularly in cases involving losses to HMRC. We also act in cases involving multiple victims such as unauthorised investment fraud.
We deal with a multiplicity of assets, including real property, vehicles, boats, aircraft, stocks, NFTs and Cryptocurrency as well as traditional art.
State of the market in 2023
Fraud is now the most common crime in England and Wales, costing the UK economy an estimated £137 billion each year. With resources for law enforcement and regulatory agencies limited and the challenges of fraud seemingly limitless, it is only sensible, alongside traditional law enforcement and improvements to the regulatory regimes, to look at private, civil, innovative ways to disrupt fraud, recover funds for victims and create a hostile UK environment for fraud. We can run cases on risk or access funding to enable action to be taken to help achieve that.
Our in-depth experience dealing with fraud cases leaves us excellently placed to help you navigate any legal issues that might arise. Please get in touch to discuss how we can help.
- Acting for a Provisional Liquidator bringing a £15 million claim against former directors of the Company for diversion of Company funds as part of a fraud against HMRC, and against the connected third party recipients. Preparation of freezing and proprietary orders in support of the substantive claim.
- Representing administrators seeking to recover £50 million funds in an unauthorised investment scheme.
- Advising and acting in a cross border case involving a £4 billion fraud dealing with UK issues surrounding investigations and insurance.
- Acting for liquidators in a complex tax fraud involving multiple payroll issues.