PCB Litigation News 2008
January
Steven Philippsohn of PCB Litigation appeared on Sky News and was quoted in the Daily Telegraph in relation to the fraud at Societe Generale.
PCB Litigation have been retained to advise in relation to a potential international property investment fraud.
PCB Litigation have been instructed to advise on whether an organisation has misled employees as to their employment rights.
The possibility of clients being able to obtain third party funding in appropriate cases has received a boost as a result of a number of new funders coming onto the market. This new development was the subject of an article in the Law Society Gazette dated 17 January 2008 in which Steven Philippsohn of PCB Litigation was featured. The article stated "Steve Philippsohn, a well known fraud specialist, is the kind of solicitor likely to benefit [from third party funding]. His London firm, PCB Litigation, is a small niche practice doing big cases which aim to recover a lot of money. "We're seeing more demand for this kind of [third party funding] arrangement. The people we're dealing with are sufficiently experienced, and we're sufficiently experienced, to come to an arrangement at the outset and then they let us get on with it""
PCB Litigation LLP have been retained in relation to an investigation into an international procurement fraud.
An article in today's Times predicts that combating fraud is going to be one of the key issues of 2008.
In the article Steven Philippsohn of PCB Litigation was quoted as saying "Traditionally frauds come to light and clients are more anxious to prosecute them when there is a downturn in the economy. However, many firms have had little experience of dealing with fraud cases given that the economy has been strong. Hence, in the same way that the cyclical nature of the economy resulted in a recent shortage of experienced corporate associates, there may soon be a shortage of experienced fraud litigators. Other law firms are approaching us to act on a consultancy basis and I expect that we and other specialist firms will see this trend continue."
Trevor Mascarenhas of PCB Litigation wrote an article in E-Commerce Law Reports on a recent case in which the Court held that a defendant could make fraudulent misrepresentations to a computer.
| February 2008 | December 2007 |