Steven Philippsohn accepted an invitation to address 35 of India's leading Bankers on the topic of International Asset Recovery. The meeting took place at the offices of the Indian Bankers Association in Mumbai on 25th April.

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PCB Litigation is delighted to confirm the successful resolution of a substantial bitcoin dispute in full.

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Jon Felce was interviewed by LexisNexis on tracing and freezing large-scale stolen bank funds when the perpetrators are unknown: see here Read More

PCB Litigation has recovered the proceeds of a fraud committed against one of its clients who had been duped into transferring monies following the hacking of an email account. PCB did so by obtaining an Order against a major retail bank requiring that bank to hand over the proceeds of the fraud.

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For the third time in five years, one of PCB Litigation's cases has made The Lawyer's Top 20 Cases of the year. Trevor Mascarenhas and Sarah Kuper of ‎PCB act for TPG Europe and 33 related respondents to a €1bn claim alleging two of the world's largest private equity houses entered into a refinancing transaction with intent to put assets beyond the reach of creditors. The trial is scheduled to last most of February and March 2018.

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PCB Litigation has been retained in relation to a multijurisdictional $300m nickel fraud claim.

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Jon Felce’s article on “Defeating dissipation: recent legal developments” was published in a special report on Corporate Fraud and Corruption by Financier Worldwide Magazine: see here. Read More

PCB Litigation has been instructed to advise the victim of a substantial international investment fraud. Read More

PCB Litigation is advising in relation to a client’s rights in relation to substantial sums of money following the administration of one of its customers. Read More

PCB Litigation has been retained in relation to a multi-million pound tax fraud case, involving a number of jurisdictions and allegations of nominee ownership of assets.

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PCB Litigation has been retained by a global organisation in relation to investigations arising from allegations of bribery and corruption.

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PCB Litigation has been retained by a Government Authority to pursue recovery claims in multiple jurisdictions.

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PCB Litigation continues to be ranked by Chambers & Partners as a top tier firm for Civil Fraud, with Steven Philippsohn, Anthony Riem and Trevor Mascarenhas all highly ranked for both Civil Fraud and Litigation.

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Jon Felce was this week’s Lawyer in the News in The Law Society Gazette: see here Read More

On 19 October 2017, and following a string of prior successes for the Bank of Moscow (see here and here), PCB Litigation has obtained a rare maximum two-year prison sentence against Russian judgment debtor Andrey Chernyakov. The sentence was handed down for several contempts of Court by Mr Chernyakov arising out of breaches of worldwide freezing and related asset disclosure orders against him. Mr Chernyakov’s wife, Anastasia Erokhova, was also sentenced to a significant period of imprisonment for similar breaches. The decision also confirms that the standard Commercial Court injunction wording covers not only assets beneficially owned by the subject of a freezing order, but also assets directly or indirectly controlled by that person, and therefore that it can extend to the assets of a company of which the respondent is the sole shareholder. Jon Felce, the PCB Litigation Partner with primary conduct of the committal proceedings, stated: “The decision in this case serves to re-emphasise that the English Courts treat compliance with worldwide freezing and asset disclosure orders extremely seriously, and that the flagrant flouting of such orders will not be tolerated.” PCB Litigation acts for the Bank of Moscow. The team consists of Anthony Riem, Nick Ractliff and Jon Felce of PCB Litigation, together with Counsel Tim Penny QC and Tim Akkouh. Read More

PCB Litigation is delighted to share with you a double success achieved last week. Not only has PCB Litigation continued to be highly ranked in Legal 500 – including in Tier 1 for civil fraud work – with all five partners being recommended, but we have been shortlisted for Specialist Law Firm of the Year in the prestigious British Legal Awards. The partners are extremely appreciative of your continued support for the firm. Our dual recognition is a reflection of the continued strength and growth of PCB Litigation. In The Legal 500, we maintained our top tier ranking for civil fraud – being described as “a niche firm which has built up an outstanding reputation in the civil fraud field”, “punching well above its weight” and providing “pragmatic, current and appropriate advice on all fronts” – with Anthony Riem again recognised as a leading individual. PCB Litigation also continues to be ranked highly for both commercial and banking litigation, having “expanded its disputes scope beyond the civil fraud arena to include complex commercial litigation work”, with an array of accolades going to our partners. Anthony Riem “gives sensible and measured advice” and is “a shrewd tactician and a great fighter”. “Wise and sharp” and “encyclopedic” Trevor Mascarenhas has “strong business acumen and gives appropriate advice”, Nick Ractliff “is well regarded for shareholder and joint venture disputes, unfair prejudice matters, and breach of fiduciary duty claims” and Jon Felce is also recommended as a key contact. Read More

PCB Litigation have been retained on behalf of a Government agency to pursue claims of up to £2bn in numerous jurisdictions against various Defendants. Read More

PCB Litigation has obtained recognition of a foreign liquidation and associated relief pursuant to the Cross-Border Insolvency Regulations.

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PCB Litigation’s partner Trevor Mascarenhas has been identified by Who’s Who Legal in a list of 37 leading litigators at English law firms.

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PCB Litigation has been retained by a global organisation to pursue claims against several Defendants who misappropriated hundreds of $m. Read More

Who’s Who Asset Recovery 2017 has described PCB Litigation as a “specialist fraud boutique” and a “standout firm in the London market”. Anthony Riem and Trevor Mascarenhas are both named in the list of 8 leading solicitors in the UK in asset recovery.

• PCB is described as having “a strong track record in high-profile recoveries”.
• “The “fantastic” Anthony Riem is a highly rated operator with over 20 years’ experience assisting corporate and financial institution clients with international asset tracing and recovery actions.”
• “Completing the firm’s offering, Trevor Mascarenhas is well versed in multi-jurisdictional asset recovery and emerges as one of the top names in London.”

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PCB Litigation has been instructed by a former director of an international consumer goods distribution company in connection with substantial deceit claims.

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PCB Litigation has been instructed by an international education provider in relation to a dispute with some of its former employees. Read More