Fraud and asset tracing

Ranked in Tier 1 of The Legal 500, our team regularly works on many of the largest fraud cases.  We can help you bring or defend claims, freezing orders and other injunctions.  In fraud litigation, time is often of the essence.  Our team's experience means we can step in on short notice to take urgent action in complex, high value cases.
  • Profile
  • Experience
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We are highly ranked in both the The Legal 500 and Chambers & Partners directories. We act on many of the largest international and domestic fraud cases. 

Our team has extensive experience of bringing and defending:

  • fraud claims 
  • multi-jurisdictional and domestic asset tracing
  • freezing injunctions, in support of domestic and foreign proceedings
  • other injunctions, including search and seizure order, receivership orders and gagging.

We regularly act for financial institutions, insolvency practitioners, companies and individuals. We work with our clients to develop imaginative and effective strategies, while giving clear, commercial and constructive advice.

Much of our work is international. We regularly work with lawyers, clients and other advisers in many offshore jurisdictions such as the BVI, Cayman Islands and Cyprus. We have particular experience in emerging markets and have assisted parties in Africa, the Middle East, the Caribbean. We have particular expertise in Russia and the CIS.

We often manage fraud claims with concurrent parallel proceedings (both national and multi-jurisdictional). These include civil and criminal proceeding, regulatory investigations, insolvency proceedings and arbitrations (​including investment treaty arbitrations).

​​​"Very strong litigators... You can rely on them being strong and on top of the papers. They provide fantastic support"
Chambers UK 2016
 

An insolvent CEE Bank

Acted for an insolvent CEE bank in bringing multiple fraud claims against the bank's former owner, including successfully obtaining a freezing order, search orders, and other injunctive relief.

The Arab Republic of Egypt

Multi-billion dollar asset tracing exercise into the country's former leaders – one of the largest investigations into a former leader's mismanagement of state funds ever carried out.

Mukhtar Ablyazov

Defended Mukhtar Ablyazov in eight separate High Court claims for in excess of $4 billion, some of the largest fraud claims ever before the English Court.

Venezuela's state oil company

Successfully discharged a $12 billion world-wide freezing order against our client, to our knowledge the largest freezing order ever discharged in England.

Fiona Trust litigation

Successfully defended the former Director-General of Sovcomflot in claims in excess of US$700 million for bribery and fraud, described in the press as the 'trial of the century'.  Successfully defended an appeal to the Court of Appeal.

The liquidators of Rangers football club

Advised the liquidators of Rangers football club in relation to conspiracy claims against its former owner and his solicitors, relating to the takeover of the club.

The trust of Vincent Tchenguiz

Acted for the trust in a high-profile billion pound claim against Kaupthing Hf, including advising in relation to related criminal investigations and the largest ever dawn raid undertaken by the Serious Fraud Office.

A Russian oligarch

Bringing fraud claims against an oligarch's former business partners and advisers, including a successful freezing order freezing cash in Georgia and the Cayman Islands.

Saad/Algosaibi litigation 

Advised banks on claims arising out of the collapse of the Saad group and its dispute with the Algosaibi family, involving complex fraud allegations and actions in a number of jurisdictions.

Former director of Weavering hedge fund

Acted for a the collapsed Weavering hedge fund manager, defending fraud and negligence claims in excess of US$400 million brought by the company's liquidators. 
 
Lawyer

Alan Bercow Partner

T:  +44 20 7809 2242
M:  Email Alan | Vcard Office:  London

Latest news & insights

02 Nov 2016

From Insights

Innocent third parties – how English freezing orders affect overseas trustees

We consider the risks for overseas trustees, when the trust's settlor or beneficiary is subject to an English freezing order.

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10 Mar 2016

From Insights

When will the English Courts have jurisdiction over a dispute? (Russian version)

Пересмотренный Брюссельский Устав (который применяется для всех государств-членов Европейского Союза) применяется ко всем разбирательствам, начатым 10 января 2015

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03 Mar 2016

From Insights

Mutual Legal Assistance (Russian Version)

Взаимная правовая помощь - это процесс, при котором государства ищут и оказывают помощь в расследовании или уголовном преследовании преступлений.

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25 Feb 2016

From Insights

Letters Rogatory (Russian Version)

Судебные отдельные требования или письма запросы, являются средствами, с помощью которых суд в иностранной юрисдикции может запросить помощь от английских судов в полу..

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18 Feb 2016

From Insights

Assisting foreign insolvency officeholders (Russian Version)

Неплатежеспособность крупных компаний стала носить еще более интернациональный характер. Однако внутренние законы о несостоятельности могут не иметь того международног..

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11 Feb 2016

From Insights

English freezing order in support of foreign proceedings (Russian Version)

Иски по поводу Английские постановления о замораживании были описаны судом как «ядерное оружие» судебного процесса.

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10 Feb 2016

From Insights

Fraud prevention: lessons from 2015 - Hacking and cybercrime

Website and database attacks became a growing and increasingly public problem throughout 2015. It is apparent that many attacks and the resulting data loss could have ..

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10 Feb 2016

From Insights

Fraud prevention: lessons from 2015 - Email scams

In 2015 we saw a significant growth in high value email scams. A key step in preventing these frauds is to ensure payment and anti-fraud policies are resilient, updat..

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29 Oct 2015

From Insights

When will the English Courts have jurisdiction over a dispute?

The Recast Brussels Regulation applies to proceedings commenced on or after 10 January 2015 and provides that (subject to certain exceptions) both individuals and lega..

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27 Oct 2015

From Insights

Mutual Legal Assistance

Mutual Legal Assistance ("MLA") is the process by which States seek and provide assistance in the investigation or prosecution of criminal offences.

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21 Oct 2015

From Insights

Assisting foreign insolvency officeholders

Insolvencies of large companies are increasingly international in nature. However the domestic or 'home' insolvency laws may not have the international reach needed o..

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14 Oct 2015

From Insights

Letters Rogatory

Letters rogatory, or letters of request, are a means by which a court in a foreign jurisdiction can request assistance from the English courts in obtaining documents a..

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07 Oct 2015

From Insights

English freezing orders in support of foreign proceedings

English freezing orders have been described by the Court as the 'nuclear weapons' of litigation. Section 25 of the Civil Jurisdiction and Judgments Act 1982 gives the..

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14 Sep 2015

From Insights

Fraud litigation – the claimant's 'toolkit': freezing orders webcast

In this third and final webcast we discuss freezing orders, which can be sought at any time in order to prevent a defendant from disposing of assets before enforcemen..

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07 Sep 2015

From Insights

Fraud litigation – the claimant's 'toolkit': third party disclosure orders webcast

We discuss third party disclosure orders, in particular, Norwich Pharmacal orders which are available to any litigant even before proceedings are commenced.

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01 Sep 2015

From Insights

Fraud litigation – the claimant's 'toolkit': search and seizure orders webcast

We discuss search and seizure orders. These injunctions are less common than freezing orders, but can be decisive in fraud litigation.

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© Stephenson Harwood LLP 2016. Any reference to Stephenson Harwood in this document means Stephenson Harwood LLP and/or its affiliated undertakings. Any reference to a partner is used to refer to a member of Stephenson Harwood LLP.