Awards

Fraud: Civil

Fraud: Civil

Fraud: Civil

Fraud: Civil

Fraud: Civil

Fraud: Civil

Ros Prince Partner

Contact details

Ros Prince

Ros Prince
Partner

T: +44 20 7809 2320 M: +44 7771 374 054 Email Ros | vCard Office: London

Ros is head of our market leading fraud and asset recovery team. She has extensive experience of high value cross border fraud cases, and obtaining and defending injunctions, including freezing orders and search orders. Chambers & Partners' global Asset Tracing & Recovery guide ranks her as one of just 5 leading lawyers ranked in Band 1 in the world. The Legal 500 UK list Ros in the 'Hall of Fame' and Chambers & Partners UK list her as a 'Leading Individual' in Band 1 for Fraud. Chambers & Partners UK 2023 describe Ros as "a hands on partner who knows her cases inside out".
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Ros has acted on a number of the largest fraud and asset recovery claims, both in England and globally. Clients praise her ability and commitment, with The Legal 500 2023 describing her as “enormously savvy and clever" and "formidable, competent, caring and commercial" and Chambers UK 2023 reporting that she has "a ferocious ability to progress matters and her client's interests in a positive manner."

Ros has particular expertise in the enforcement of arbitration awards and judgments, and injunctions in support of arbitrations and foreign proceedings. Ros has acted on numerous cases both for and against states and state owned entities, and has deep expertise in questions of state immunity in the context of asset recovery litigation.  Most of her cases are international, and she has particular expertise in cases originating from Russia, CIS and other emerging markets. She has acted against Russian state owned entities, and more recently the state itself, for over 15 years. Ros has extensive experience of disputes involving offshore structures and parallel litigation in jurisdictions such as BVI, Cyprus, Cayman, Mauritius and the Isle of Man. She often works on cases involving parallel civil and criminal proceedings, both domestically and internationally.

She is a solicitor-advocate with full rights of audience before the English High Court. Ros’ expertise is highly regarded internationally, and she has been asked to speak on asset recovery related topics at events organised by the United Nations, the Commonwealth, and a number of governments.

"Ros is an outstanding lawyer and ferocious litigator whose knowledge and experience, bundled with brilliant strategic vision and commercial awareness, allow the client to achieve the best result possible and stay two steps ahead of the opposition" 

Chambers UK, 2023

  • Fraud and asset recovery
  • Finance litigation
  • Commercial litigation
  • Restructuring and insolvency
  • Professional and management liability

Chambers’ global Asset Tracing & Recovery (Law Firms)’ guide 2023 describes Ros as "an outstanding lawyer and ferocious litigator. Her knowledge and experience bundled with brilliant strategic vision and commercial awareness allow the client to achieve the best result possible and stay two steps ahead of the opposition."

Former shareholders of Yukos Oil Company

Representing the former shareholders of Yukos Oil Company in relation to the enforcement in England of a US$54+ billion arbitration award against the Russian Federation, the largest enforcement action in legal history.

Victim of a Ponzi scheme

Successfully recovered material sums lost by the victim of a Ponzi scheme, by putting an offshore company into liquidation and assisting the liquidators in recovering monies within less than 12 months.

Mukhtar Ablyazov, former owner of BTA Bank

Defended eight sets of High Court claims brought by the bank, for more than $4 billion. These were some of the largest, most publicised claims ever to be brought before the English Court.

A former director of the Weavering hedge fund

Defended fraud and negligence claims for $450 million, arising from one of the largest hedge fund insolvencies in England.

More: Fraud and asset recovery

Ros has significant experience of finance litigation.  She acts for and against funds, banks, and their officers, and advises on complex derivatives products, structured finance, loan agreements and trade finance contracts. Ros has worked on financial services disputes involving fraud allegations against financial institutions, their officers and directors.

Latvijas Krajbanka v Vladimir Antonov

Successfully brought multiple High Court claims against the bank's former owner, based on allegations that complex transactions with offshore entities were used to defraud the bank.

A trade finance bank

Successfully brought claims against two counter-parties to guarantees, involving complex questions of proper law relating to guarantees in trade finance transactions, including successfully obtaining an anti-suit injunction.

Liquidators of an SPV

Advising the liquidators of a special purpose vehicle dealing in trade finance transactions, whose assets had been fraudulently misappropriated, in relation to claims against third parties.

An investment manager

Advising an investment manager on various claims arising from disputes about the terms of shareholder class rights in a listed company.

More: Finance litigation

Ros has acted on some of the largest claims before the English Court in recent times.  She has significant experience of taking large cases to trial, and of bringing and defending appeals.

Latvijas Krajbanka v Vladimir Antonov

Successfully brought multiple High Court claims against the bank's former owner, including successful applications for a freezing order, search orders and third party disclosure orders.

Former shareholders of Yukos Oil Company

Representing the former shareholders of Yukos Oil Company in relation to the enforcement in England of a US$50+ billion arbitration award against the Russian Federation.

Mukhtar Ablyazov, former owner of BTA Bank

Defended eight sets of High Court claims brought by the bank, for more than $4 billion. These were some of the largest, most publicised claims ever to be brought before the English Court.

A former director of the Weavering hedge fund

Defended fraud and negligence claims for $450 million, arising from one of the largest hedge fund insolvencies in England, resulting in a six week trial before the High Court. 

More: Commercial litigation

Ros has particular expertise in litigation arising following corporate insolvencies, particularly complex fraud claims against former directors and employees of insolvent companies, claims against auditors and counterparties.

Latvijas Krajbanka v Vladimir Antonov

Acting for the liquidators of the bank, successfully brought multiple High Court claims against the bank's former owner, including successful applications for a freezing order, search orders and third party disclosure orders.

Administrators of a UK listed company

Successfully struck out claims brought by a former employee of a listed company against its administrators, including claims for conspiracy and misfeasance. Successfully struck out the claim before even serving a defence.

The largest receivership order ever made in England

Represented Mukhtar Ablyazov following the appointment of receivers over his assets, the largest receivership order ever made by the English Court.  Defended eight sets of High Court claims, relating to transactions carried out prior to the bank's insolvency.

A former director of the insolvent Weavering hedge fund

Defended fraud and negligence claims for $450 million, arising from one of the largest hedge fund insolvencies in England, resulting in a six week trial before the High Court.

Liquidators of an SPV

Advising the liquidators of a special purpose vehicle dealing in trade finance transactions, whose assets had been fraudulently misappropriated, in relation to claims against third parties.

More: Restructuring and insolvency

Ros regularly brings and defends professional negligence claims against professional advisors, often in the context of underlying fraud proceedings which the advisers failed to recognise.  She has particular experience of negligence claims against auditors, legal advisors and directors of companies, often in the financial services industry.  Clients appreciate her related expertise in fraud litigation, which means that she is able to advise both on primary fraud claims and on related professional negligence claims.

A fund

Advising a fund on professional negligence claims against the fund's former advisors, in relation to their advice on a fraudulent transaction.

A former director of the Weavering hedge fund

Defended fraud and negligence claims for $450 million, arising from one of the largest hedge fund insolvencies in England.

A high net worth individual

Advising a high net worth individual on negligence claims against his former solicitors, relating to their advice on the restructuring of an international corporate group.

Liquidators of a financial services company

Advising the liquidators of a financial services company on professional negligence claims against the company's former auditors, in relation to their failure to recognise an internal fraud.

More: Professional and management liability

  • Banks and banking

Ros has significant experience of finance litigation. She acts for and against funds, banks, and their officers, and advises on complex derivatives products, structured finance, loan agreements and trade finance contracts.  Ros has worked on financial services disputes involving fraud allegations against financial institutions, their officers and directors.

Latvijas Krajbanka v Vladimir Antonov

Successfully brought multiple High Court claims against the bank's former owner, based on allegations that complex transactions with offshore entities were used to defraud the bank.

A trade finance bank

Successfully brought claims against two counter-parties to guarantees, involving complex questions of proper law relating to guarantees in trade finance transactions, including successfully obtaining an anti-suit injunction.

Liquidators of an SPV

Advising the liquidators of a special purpose vehicle dealing in trade finance transactions, whose assets had been fraudulently misappropriated, in relation to claims against third parties.

An investment manager

Advising an investment manager on various claims arising from disputes about the terms of shareholder class rights in a listed company.

More: Banks and banking
  • CIS and CEE

Ros has acted on many of the largest English cases emanating from Russia, CIS and CEE in recent years.  She has particular experience of bringing and defending fraud claims emanating from these jurisdictions. Chambers UK 2018 note her expertise on matters with links to Russia and CIS, and say Ros is "very gifted and has a particularly good understanding of matters involving former Soviet Union states".

Latvijas Krajbanka v Vladimir Antonov

Successfully brought multiple High Court claims against the bank's former owner, including successful applications for a freezing order, search orders and third party disclosure orders.

Former shareholders of Yukos Oil Company

Representing the former shareholders of Yukos Oil Company in relation to the enforcement in England of a US$50+ billion arbitration award against the Russian Federation.

Mukhtar Ablyazov, former owner of BTA Bank

Defended eight sets of High Court claims brought by the bank, for more than $4 billion. These were some of the largest, most publicised claims ever to be brought before the English court.

More: CIS and CEE

Awards

Fraud: Civil

Fraud: Civil

Fraud: Civil

Fraud: Civil

Fraud: Civil

Fraud: Civil

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