PCB litigation (led by Steven Philippsohn) were recommended by Leaders League as one of the Best Law Firms specializing in Commercial Litigation in the UK.
In a judgment handed down on 7 February 2019 dismissing a US$100 million claim, PCB Litigation successfully defended its client against claims that he had breached his fiduciary duties to the claimant and unlawfully conspired with his co-defendant to injure the claimant. For more details, please click here
PCB Litigation has been retained by a global supplier of insurance products in their pursuit of claims against rogue traders.
PCB Litigation are advising South American clients in respect of forex manipulation claims in excess of $100m.
PCB Litigation successfully obtained judgment in a dispute concerning the ownership and use of a client’s electronic assets including its valuable domain.
Natalie Todd’s analysis of a recent case concerning the form of words routinely adopted into the standard form freezing order was published on the Asset Recovery Next Gen Hub on 29 November 2018. A copy can be found here.
Jon Felce’s analysis of a recent case concerning the dominant purpose test for litigation privilege was published by Lexis®PSL on 30 November 2018. A copy can be found here.
Jon Felce spoke on the subject of ‘Obtaining information in fraud and asset recovery litigation’ at the Serle Court International Trusts and Commercial Litigation Conference in New York.
PCB Litigation has been retained to advise in connection with a substantial contractual dispute.
PCB Litigation has maintained its tier 1 ranking for civil fraud in Chambers & Partners, being described as skilled at obtaining global interim relief, asset tracing and dealing with jurisdictional issues that arise from cross-border cases. . One source was quoted as describing PCB as “an absolute go-to for complex, high-value multi-jurisdictional commercial fraud claims”, whilst another source said: “If you have a fraud case, these guys are as experienced as you’re going to get.” Steven Philippsohn is said to be “enormously experienced, can take a broad view and is very good at engaging with foreign clients.” Anthony Riem is “a very able, accomplished and experienced fraud litigator, who understands completely the needs of the client and makes tactically astute calls in complex cases.” Trevor Mascarenhas is described as a “go-to for complex fraud matters,” and “incredibly tactically astute and very bright, with a deep understanding of how to conduct cross-border litigation.”
PCB Litigation has been identified by The Times as a leading law firm in the field of “financial crime & fraud & regulatory”.
PCB Litigation maintained its top tier Civil Fraud ranking in the Legal 500 as well as being ranked in Commercial Litigation and Banking Litigation. PCB is said to offer “unrivalled boutique expertise in the field of fraud”, headed by Steven Philippsohn “a lateral thinker extraordinaire” who “can see brilliant points outside the box.” Anthony Riem is said to have “a marvellous rapport with clients,” with Trevor Mascarenhas joining Steven and Anthony in being ranked as a leading individual. Jon Felce, described as “a calm and collected presence” is also ranked as a next generation lawyer in the field of banking litigation, where both he and Nick Ractliff are said to be “dedicated and thorough”.
For the second year in a row, Steven Philippsohn and Trevor Mascarenhas have been recommended for litigation by Who’s Who Legal, out of only 35 English solicitors selected. The directory said:
“PCB Litigation’s Trevor Mascarenhas is a distinguished name in the English litigation market who sources give high praise to in our research this year. He is particularly adept on cross-border asset-tracing and real estate litigation. Steven Philippsohn is a well-respected figure in the litigation space, with sources praising his wealth of expertise on asset recovery matters.”
In an unusual judgment, the Court of Appeal allowed an appeal brought by PCB Litigation by which the opposing party was required to increase the amount of security for costs it had previously been ordered to provide to our client.
Steven Philippsohn, Anthony Riem and Trevor Mascarenhas were listed as Thought Leaders by Who’s Who Legal Asset Recovery 2018 for EMEA (Onshore Jurisdictions), with Steven and Anthony in the top three for the region and the top two for London. Nick Ractliff was also recommended, whilst PCB Litigation itself was described as “exceptional”.
PCB Litigation has been instructed to defend a number of claims brought by a sovereign wealth fund.
PCB Litigation has been instructed to act for one of the partners in relation to the break-up of an international business involving disputes in Switzerland, Cyprus and England.
Jon Felce’s analysis of a recent case concerning extending time for service of claims was published by Lexis®PSL on 3 August 2018. A copy can be found here.
At the recently announced 2018 Lawyer Awards, PCB Litigation was commended in the Boutique Firm of the Year category for its high-profile, high-value work over 2017 and 2018 and identified by the judges as “one to watch”.
PCB Litigation has been retained to advise European Liquidators in relation to funding and legal assistance to bring substantial multi jurisdictional claims.
Anthony spoke at the International Conference of the Fraud Lawyers Association on litigating in the eye of the media.
Steven spoke on the topic of Managing International Litigation at the KNECT 365 Conference on Asset Recovery in Singapore.
Jon Felce’s analysis of a recent case concerning the purpose of the ‘slip rule’ was published by Lexis®PSL on 31 May 2018. A copy can be found here.
PCB Litigation has successfully obtained a US$180 million judgment on behalf of a financial institution and an order that the defendant pay its client’s costs on an indemnity basis, having persuaded the Court that the defendant deliberately gave misleading evidence at trial.
PCB Litigation is delighted to announce that its Senior and Founding Partner, Steven Philippsohn, has won the prestigious Who’s Who Legal Asset Recovery Lawyer of the Year Award, presented at an awards ceremony in London on 8 May 2018.
Jon Felce was invited to join Lexis®PSL’s Case Analysis Expert Panel on Dispute Resolution. His first piece was published by Lexis®PSL on 30 April 2018 and can be found here.