Asset Recovery

ChainSwap Ltd. v. Digital Wallet Owners et al: Judgment (‘Crypto Theft Freezing Injunction’)

Judgment regarding the continuation of a freezing injunction against parties suspected of stealing digital assets in ChainSwap Limited, described as a British Virgin Islands company that "provides a service that allows cryptocurrency tokens to be transferred between different blockchains, known as a cross-chain bridge" v. The Owner of Digital Wallet 0X941A9E3B91E1CC015702B897C512D265FAE88A9, The Owner of Digital Wallet 0XEDA5066780DE29D00DFB54581A707EF6F52D8113, The Owner of Digital Wallet 0XB63F0D8B9AA0C4E68D5630F54BFEFC6CF2C2AD19, The Owner of Digital Wallet 0X196593ADE7CC7EDF18981C7A7DBC2E96000004FB, The Owner of Email Address trumanbroughton@gmail.com, and Other Persons Unknown at the British Virgin Islands High Court.

High-Value International Recovery: Tips From The Experts (Part Two)

Leading international fraud and value recovery attorneys will take your questions and discuss emerging and dominant issues that impact your ability to be successful and effective. Speakers: Aidan Larkin, Chief Executive Officer, Asset Reality; Jonathan Tickner, Partner, Peters & Peters; Polly Sprenger, Partner, Addleshaw Goddard; and Tatiana Markel, Partner, BakerHostetler.

High-Value International Recovery: Tips From The Experts (Part One)

Leading international fraud and value recovery attorneys will take your questions and discuss emerging and dominant issues that impact your ability to be successful and effective. Speakers: Adam Crane, Partner, Baker & Partners; Alex Jay, Partner, Stewarts; Edward H. Davis, Jr., Founding Shareholder, Sequor Law; and Maureen Ward, Partner, Bennett Jones.

The Promise and Pitfalls of Civil RICO as a Fraud Recovery Tool: A Litigator’s Perspective

Our panelists will explore using the civil Racketeering Influenced and Corrupt Organizations Act ("RICO") to recover damages for serious frauds, including treble damages and attorney's fees and costs. While civil RICO's remedies are powerful, pitfalls abound for the unwary litigator, including heightened pleading standards and securities transaction bars. Obtaining RICO personal jurisdiction over defendants both in and outside the United States will also be discussed. Speakers: Daniel Treuden, Founding Member, Bernhoft Law Firm; Joshua Bruckerhoff, Partner, Reid Collins & Tsai; and Robert Bernhoft, Founding Partner, Bernhoft Law Firm.

Crypto Litigation: Tips From Litigators

In this video, lawyers who have brought lawsuits around the world to recover cryptocurrency from exchanges and other entities will discuss their experiences and offer tips to avoid problems and be effective. Speakers: Amanda Tuminelli, Lawyer, Kobre & Kim; Dani Haston, Head of Global Asset Management, Chainalysis; Daniel Coyle, Counsel, Sequor Law; and Syed Rahman, Partner, Rahman Ravelli.

The Mechanics of Crypto Recovery

Having identified who stole the crypto, this video will show you how to recover it and who can be held legally liable, not just the thieves but those who laundered it and provided other services, including crypto exchanges. Speakers: Aidan Larkin, Chief Executive Officer, Asset Reality; Amanda Wick, Senior Investigative Counsel, U.S. House of Representatives; Carmel King, Director, Grant Thornton; and Jean-Michel Verelst, Director, Belgium's Asset Recovery and Asset Management Office.

Offshore/Onshore Insolvency & Asset Recovery Playbook

This video is a how-to guide to liquidating and recovering assets across borders involving both onshore and offshore jurisdictions. Speakers: Hannah van Roessel, Director, Senior Legal Counsel, Omni Bridgeway; Ilan Cohen, Intelligence Analyst, Itur Financial Intelligence; James Pomeroy, Director, Grant Thornton; and Martin Kenney, Managing Partner, Martin Kenney & Co.

Recovery Partners GP Ltd. et al v. Irakli Rukhadze et al: $142M Judgment

Judgment for $142.5 million in Recovery Partners GP Limited, of the British Virgin Islands, and Revoker LLP, of England v. Irakli Rukhadze, Igor Alexeev, Benjamin Marson, Hunnewell Partners (UK) LLP, Hunnewell Partners (BVI) Limited, Park Street (GP) Limited, Park Street (BR) Limited, Park Street (GS) Limited, and Park Street (L) Limited at the High Court of Justice for England and Wales.

How to Recover Crypto

This video presentation will show you how to go about recovering virtual assets. Speakers: Aidan Larkin (Asset Reality), Daniel Coyle (Sequor Law), Syedur Rahman (Rahman Ravelli)
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Libya attempts “largest international asset recovery effort of all time”

As part of what its lawyers claim "could become the largest international asset recovery effort of all time", Libya has applied to take discovery from eight major banks in its hunt for an estimated $100 billion allegedly misappropriated by former leader Muammar Gaddafi. The effort is being led by lawyers Oren Warshavsky, of BakerHostetler, and Warren Gluck, of Holland & Knight.

Libyan Asset Recovery and Management Office v. Bank of America et al: Discovery Application

Application by the Libyan Asset Recovery and Management Office to take discovery from Bank of America N.A., Citigroup Inc. d.b.a. Citibank; JPMorgan Chase Bank N.A., UBS Group A.G., HSBC Bank, Credit Suisse Bank N.A., Bank of New York Mellon Corporation, and Deutsche Bank Trust Company Americas for use in foreign legal proceedings regarding "tens of billions of dollars stolen by Muammar Muhammed Abu Minyar al-Gaddafi over the course of his 32-year dictatorship", filed at the U. S. District Court for the Southern District of New York.

High-Value International Recovery: Tips (Part Two)

In this video, leading international fraud and value recovery attorneys take questions and discuss emerging and dominant issues that impact one's ability to be successful and effective. This session was intended to be informal and interactive and represented an opportunity for the audience to have their questions answered by experts who have 'been there, seen it, done it'. Speakers: Martin Kenney (Martin Kenney & Co. Solicitors), Sebastian Said (Appleby), William Kraus (Butzel Long), Yves Klein (Monfrini Bitton Klein)

High-Value International Recovery: Tips (Part One)

In this video, leading international fraud and value recovery attorneys take questions and discuss emerging and dominant issues that impact one's ability to be successful and effective. This session was intended to be informal and interactive and represented an opportunity for the audience to have their questions answered by experts who have 'been there, seen it, done it'. Speakers: Danny Ong (Rajah & Tann), Greg Grossman (Sequor Law), Henrique Forssell (Duarte Forssell Advogados), Rebecca Hume (Gateley Legal)

Databases & Tools to Find Hidden Assets

This video presentation introduces some of the primary online databases that are useful in identifying assets for companies and individuals globally. Included is a discussion about public and private corporate disclosures, land registries, litigation and procurement records, as well as more creative tools such as construction and fire permits, satellite imagery, leaked and breached data and people search engines. Most of this data is free, but accessing it can sometimes be challenging due to technical, geographical and language barriers or sheer volume. The presentation will also show you how to build your own tools to access these records or, alternatively, buy ready-made commercial solutions that do it for you. Throughout, the presenter will include several examples from real cases, illustrating a wide array of tools, techniques and skills required for asset tracing. Presented by Cristopher Uglea (FTI Consulting).

Litigation Funding: Latest Developments

In this video, litigation funders discuss trends and developments in the industry and offer tips on how to get your claim funded. Barry Kamar (Westfleet Advisors), David Kerstein (Validity Finance), Paul Neufeld (Locke Lord), Wendie Childress (Validity Finance).

Think Capital Ltd.: Investigation Notice

Announcement by Intel Suisse, a financial investigation and asset recovery firm, that it "has been engaged to investigate and seek recovery of financial losses arising from multiple trading platform failures at online tradng platform Thinkmarkets, a global portal offered by Think Capital Limited of Bermuda".

Recovery Partners GP Ltd. et al v. Fisher Island Investments Inc. et al: Discovery Application

Application by Recovery Partners GP Limited, of the British Virgin Islands, and Revoker LLP, of England, to take discovery from Fisher Island Investments, Inc., Fisher Island Holdings, LLC, PDS Development LLC, and PDS HOLDCO I LLC for use in legal proceedings in England "against Irakli Rukhadze, Igor Alexeev, Benjamin Marson, Hunnewell Partners (UK) LP, Hunnewell Partners (BVI) Limited, Park Street (GP) Limited, Park Street (BR) Limited, Park Street (GS) Limited, Park Street (L) Limited" regarding "the identification and recovery of assets belonging directly or indirectly to the members of the family of the late Georgian businessman, Arkadi Patarkatsishvili", filed at the U. S. District Court for the Southern District of Florida.

USA v. 60 Bitcoins: Forfeiture Complaint

Forfeiture Complaint regarding the "proceeds of a wire fraud scheme to steal, among other things, cryptocurrency using a cell phone SIM-swapping scheme" that allegedly involved Colton Jurisic, Ricky Handschumacher, and Conor Freeman in USA v. 60.20371501 Bitcoins at the U. S. District Court for the Eastern District of Michigan.

Makhpal Karibzhanova v. Mubadala Fund et al: Discovery Application

Application by Makhpal Karibzhanova, described as "a citizen of Kazakhstan and is the former wife of a wealthy and politically-connected Kazakh businessman, Aidan Karibzhanov" whose "wealth is held in offshore structures and through nominee ownership around the world, making it necessary to gather evidence from a number of countries, including the United States, the United Kingdom, Switzerland, the United Arab Emirates, and Singapore, as well as Kazakhstan and a number of offshore jurisdictions", including the British Virgin Islands, Cayman Islands, Hong Kong, and Singapore, to take discovery from Mubadala Fund, Extell Developrnent, Edward Mermelstein, One and Only Realty, Eduard Ogai, Credit Suisse, American Express and others for use in legal proceedings in Kazakhstan, filed at the U. S. District Court for the Eastern District of New York.

Roman Spiridonov v. JPMorgan Chase Bank et al: Discovery Application

Application by Roman Vladimirovich Spiridonov to take discovery from JPMorgan Chase Bank and Citibank N.A. for use in "a pending Russian Bankruptcy Proceeding concerning Igor Vladislavovich Soglaev", filed at the U. S. District Court for the Southern District of New York.

RSS Judgment Enforcement LLC v. Symbion Power Tanzania Ltd. et al: Complaint

Complaint to enforce "a foreign arbitral award ... in the amount of nearly $30 million" alleging fraud against "a New York based group of companies that are operated under the "Symbion Power" name who develop, build and operate power generation, transmission and distribution projects in the Middle East, Asia and Africa" in RSS Judgment Enforcement LLC, as the assignee of Rental Solutions and Services LLC v. Symbion Power Tanzania Ltd., of Tanzania; Symbion Power Holdings, LLC, of Delaware; Symbion Energy Holdings Limited, of Cyprus; Symbion Power, LLC, of Delaware; Symbion Power Africa, LLC, of Delaware; Symbion Power Services U.S., Inc., of Delaware; Paul Hinks, of New York; Richard Westbury, a.k.a. Richard Bethell, described as "a citizen of the United Kingdom", and R.W. Chelsea Holdings Ltd., of Cyprus, at the U. S. District Court for the Southern District of New York.

Makhpal Karibzhanova v. Aidan Karibzhanov: Discovery Application

Application by Makhpal Karibzhanova, who "is a citizen of Kazakhstan and is the former wife of a wealthy and politically-connected Kazakh businessman, Aidan Karibzhanov", for an order of judicial assistance "to obtain testimony and documentary evidence to assist in discovery for use in prospective Kazakhstan civil proceedings" involving her former husband, filed at the U. S. District Court for the Southern District of New York.

Tatiana Akhmedova v. Farkhad Akhmedov et al: Judgment

Judgment for hundreds of millions of dollars in favor of a "wife" who "has been the victim of a series of schemes designed to put every penny of the Husband's wealth beyond her reach" involving individuals, companies, and structures in Bermuda, Cyprus, Dubai, England, France, Isle of Man, Liechtenstein, Luxembourg, Panama, Russia, and Switzerland in Tatiana Akhmedova v. Farkhad Teimur Ogly Akhmedov, a citizen of Russia; Woodblade Limited, of Cyprus; Cotor Investment SA, of Panama; Qubo 1 Establishment, of Liechtenstein; Qubo 2 Establishment, of Liechtenstein; Straight Establishment, of Liechtenstein; Avenger Assets Corporation, of Panama; Counselor Trust Reg, of Liechtenstein, as Trustee of certain Trusts; Sobaldo Establishment, of Liechtenstein, as Trustee of certain Trusts; Temur Akhmedov, described as "a British citizen who lives in London", and Borderedge Limited, of Cyprus, at the High Court of Justice, for England and Wales.

VR Global Partners LP v. Stuart Newberger: Discovery Application

Application by VR Global Partners LP, of the Cayman Islands, to take discovery from Stuart Newberger, described as "a partner in the law firm of Crowell & Moring", for legal proceedings in the Isle of Man involving Broadsheet LLC (in Liquidation) and claims against the Government of Pakistan, filed at the U. S. District Court for the District of Columbia.

Tethyan Copper Company Pty Ltd. v. Aimbridge Hospitality LLC et al: Discovery Application

Application by Tethyan Copper Company Pty Limited, of Australia, to take discovery from Aimbridge Hospitality LLC, Norton Rose Fulbright US LLP, and White & Case LLP for use in legal proceedings in the British Virgin Islands that "arise from an arbitral award worth more than $6 billion made on July 12, 2019 under the auspices of the International Centre for the Settlement of Investment Disputes in TCC's favor against the Islamic Republic of Pakistan", filed at the U. S. District Court for the Southern District of New York.

Commercial Bank of Dubai v. Bavaguthu Shetty: Complaint

Complaint in Commercial Bank of Dubai PSC, of Dubai v. Bavaguthu Raghuram Shetty, whom it was claimed in the complaint was described as "India's richest billionaire" by Forbes magazine "a little over a year ago" but whose "empire has collapsed in accounting frauds of astonishing scope" since then, at the Supreme Court of the State of New York, County of New York.

Sakab Saudi Holding Company et al v. Citibank et al: Discovery Application

Application by Sakab Saudi Holding Company, Alpha Star Aviation Services Company, Enma Al Ared Real Estate Investment and Development Company, Kafa'at Business Solutions Company, Security Control Company, Armour Security Industrial Manufacturing Company, Saudi Technology & Security Comprehensive Control Company, Technology Control Company, New Dawn Contracting Company, and Sky Prime Investment Company, all of Saudi Arabia, to take discovery from Citibank NA, HSBC Bank USA NA, Cadwalader, Wickersham & Taft LLP, and Jonathan Wainwright for use in legal proceedings in Canada alleging "a massive fraudulent scheme perpetrated by a former high-ranking government official in the Kingdom of Saudi Arabia, Saad Khalid Al Jabri, which resulted in at least $3.5 billion (USD) being stolen from the Applicant companies and used for the personal benefit of one man, Al Jabri, and his family and associates", filed at the U. S. District Court for the Southern District of New York.

Linda Fischer v. XL Funding Inc. et al: Discovery Application

Ex Parte Application by Linda Fischer, a citizen of Germany residing in the United Kingdom, to take discovery from the Estate of Michael D. Fischer, Svetlana Astafurova, XL Funding, Inc., and Blackstone Equities, LLC for use in legal proceedings in the British Virgin Islands involving allegations of fraud against her brother, Michael Fischer, filed at the U. S. District Court for the Southern District of Florida.

Linda Fischer v. Jeffrey Slavet et al: Discovery Application

Ex Parte Application by Linda Fischer, a citizen of Germany residing in the United Kingdom, to take discovery from Jeffrey Slavet, Lombardy 711 Inc., and 111 East 56th Street Inc. for use in legal proceedings in the British Virgin Islands involving allegations of fraud against her brother, Michael Fischer, filed at the U. S. District Court for the Southern District of Florida.

Dennis Tsai et al v. Dolly Chen-Ky: Complaint

Complaint alleging the defendant's receipt of $5 million "obtained from Plaintiffs by fraud and the use of those funds by the Debtor to buy her current house with cash" in Dennis Tsai, of City of Allen, Texas; ValueMix, Ltd., of the British Virgin Islands, and Twinkle Leatherware Holdings (BVI) Co., Ltd., of the British Virgin Islands v. Dolly Chen-Ky, of Plano, Texas, at the U. S. District Court for the Eastern District of Texas.

How To Monetize Your International Arbitration Award

A playbook of how to enforce and monetize international arbitration awards. Speakers Erika Levin, Partner at Lewis Baach Kaufmann Middlemiss Sebastian Said, Partner at Appleby Wieger Wielinga, Omni Bridgeway – […]

How To Get Your Claim Funded by Litigation Funders

Litigation funders will discuss what types of claims they are interested in funding, in what amount, how funding contracts are structured, and related issues. If you’re a claimant seeking funding, […]

How To Conduct Visual Investigations

A member of The New York Times’ Visual Investigations team will demonstrate how to use digital sleuthing and the forensic analysis of visual evidence to determine the truth and establish […]

Alternative Methods To Recover Assets

A look at non-traditional ways of recovering assets, including the use of private prosecutions. Speakers Howard Sharp QC, Founder at Ardent Chambers Jonathan Tickner, Head of Commercial Litigation & Civil […]

Must-Have Tools For OSINT Investigations

A demonstration of Internet-based tools to help you find, monitor, and understand information on targets. Speaker Dylan Kennedy, Director at Intelpool Recorded at OffshoreAlert vGLOBAL on Monday 7 December 2020 […]