Asset Recovery

Sovereign Asset Recovery: $680M Cross-Border Recovery

2024·Asset Recovery

Acting for a sovereign government, we coordinated asset recovery proceedings across seven jurisdictions, securing freezing orders within 48 hours of instruction and ultimately recovering $680 million in misappropriated state funds.

This matter required simultaneous proceedings in England, Switzerland, the British Virgin Islands, the Cayman Islands, Singapore, the UAE, and the United States. We obtained worldwide freezing orders from the English Commercial Court within 48 hours of instruction, coordinated with local counsel in each jurisdiction, and worked alongside a leading forensic intelligence firm to trace assets that had been deliberately obscured through a network of shell companies and nominee arrangements. The matter concluded with a negotiated settlement that returned $680 million to the client state, together with a contribution to legal costs.

Asset RecoveryMulti-JurisdictionSovereign Client

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