Image banner

October 2012

Oct 2012
PCB news
PCB Litigation have been retained to act for one of the parties in an alleged €1 billion global bank fraud. Read More

September 2012

Sep 2012
PCB news
PCB Litigation have obtained World Wide Freezing Orders on behalf of a leading European Bank against Defendants whose assets are located in numerous jurisdictions.
PCB Litigation are advising in relation to a Middle East financial dispute where proceedings have been brought in several jurisdictions. Read More

August 2012

Aug 2012
PCB news
PCB Litigation are advising a global energy corporation in respect of asset recovery arising out of procurement fraud.
PCB Litigation are advising a prominent European Bank in relation to asset recovery arising out of guarantee defaults. Read More

July 2012

Jul 2012
PCB news
PCB Litigation are advising on a multi million dollar fraud claim involving Cyprus, BVI and St Kitts.
PCB Litigation have been retained by a Bank to recover assets held in Western Europe. Read More

June 2012

Jun 2012
PCB news
A major European Bank have retained PCB Litigation to pursue claims in excess of $150 million against assets held in numerous offshore structures.
A prominent European commercial corporation has retained PCB Litigation to pursue claims against multi-jurisdictional assets. Read More

May 2012

May 2012
PCB news
PCB Litigation advised a Far East company in respect of claims and relief arising from apparently forged bills of lading. Read More

April 2012

Apr 2012
PCB news
PCB Litigation has advised on a fraud claim by an overseas company and its continental subsidiary against a director and other associated parties.
PCB Litigation is advising on a claim against a London bank in respect of unauthorised transactions.
PCB Litigation is advising on jurisdictional issues arising out of an alleged scheme to strip assets from an overseas company.
Read More

March 2012

Mar 2012
PCB news
PCB Litigation is advising in relation to claims that an agent failed to pay monies owing in a construction dispute.
Read More

UK is best place for court hearing

Feb 2012
Fraud updates

According to Steven Philippsohn, Senior Partner of PCB Litigation, this country currently offers the best jurisdiction for court hearings and due to the UK's centenary tradition in case law, judges' impartiality and assurance of fair and independent processes.

In a recent interview with the Law Society Gazette, Steven welcomed the opening of the Rolls Building as the world's biggest commercial court. Law professionals believe that this new infrastructure will cement even further the UK's reputation as the key jurisdiction in which to bring commercial litigation.

'The former premises were run-down and not fit for purpose. If we are going to conduct major dispute cases here, the least we can do is offer clients decent facilities', said Steven Philippsohn. (more…)

Read More

PCB Litigation Chambers and Partners Recommendation

Nov 2011
Fraud updates
The Chambers Directory published last month said of global asset recovery specialists PCB Litigation LLP: "An impressive array of clients beat a path to this fraud litigation boutique. Although not the largest practice in the market, it is an attractive proposition by virtue of its keen commitment to, and fine results in, this field. Significant work for the practice includes acting on the high stakes fraud and conspiracy litigation of Jenington International Inc & Others v Assaubayev." Steven Philippsohn is the lead lawyer here. Sources say he is "an experienced specialist" who is "deserving of recognition." He played a key role in the Jenington v Assaubayev dispute, including substantial asset tracing work. Trevor Mascarenhas wins plaudits for being "very hard-working" and having "very good judgement." In addition to advising on the multimillion-dollar Jenington v Assaubayev dispute, he also acts for the largest Ukrainian gas and oil company, Ukrnafta, in a high-value Stockholm arbitration. Anthony Riem also acted on the Jenington case, and is lauded by notable market sources: "He is efficient and is doing well." Read More

PCB Litigation Celebrates Leap Up The Legal 500

Nov 2011
Fraud updates

The Legal 500 United Kingdom 2011 has announced its rankings.

PCB Litigation, worldwide fraud lawyers and fraud solicitors, specialist in corporate fraud and Asset Recovery, are pleased to announce that within Fraud: Civil, the team has moved up two tiers and is now firmly established as one of the leading practices specialising in this area. The firm has also been recognised within the Dispute resolution group as well. The directory said that "PCB Litigation LLP is attracting big-ticket litigation work. It is instructed by Jenington International and KazakhGold in a $450m fraud claim, which has included obtaining a number of freezing orders, the execution of simultaneous search orders, and the resistance of an application of damages for $100m.Steven Philippsohn and Anthony Riem are both highly regarded." Senior Partner, Steven Philippsohn says, "The Legal 500 is so well respected because it is based solely on genuine recommendations. The fact that our clients value us enough to write about our work is a source of a real pride. We are pleased to be recognised." Researchers speak to thousands of law firms commercial clients every year to compile the list. The recommendations are based largely on what they say and on the opinions of thousands of rival commercial lawyers. It is not possible for a firm to buy its way into the Editorial.

Read More

Litigating Russian disputes in foreign jurisdictions

Jul 2011
Fraud updates
With numerous important claims being litigated in the High Court in London having emerged from Russia and the CIS, Anthony Riem of PCB Litigation offers commercial practitioners advice on how to approach such disputes Litigating Russian disputes in foreign jurisdictions Read More