London’s status as a major global financial and property market means funds moved through fraud or corruption elsewhere often pass through, or land in, UK structures.
UK property, particularly in London, is a common destination for funds linked to fraud or corruption elsewhere.
UK banks can be compelled to disclose account information and freeze funds through the appropriate court process.
UK company structures are sometimes used to hold or move disputed assets, adding complexity to recovery.
Recovery often requires working simultaneously with courts and counsel in the country where the underlying conduct occurred.
Establishing where funds actually went, often the most time-critical step before any assets can be moved further.
Applying to the relevant UK court for an order preventing further movement of identified assets.
Compelling banks or corporate service providers to disclose account and ownership details relevant to the assets in question.
Converting a favourable ruling into an actual recovery, which can require further enforcement steps depending on where assets are ultimately held.
Yes, in appropriate circumstances, particularly where mutual legal assistance channels apply.
Very quickly \u2014 delay is often the biggest risk to a successful recovery, since assets can be moved again once someone suspects action is coming.
Almost always. Effective recovery typically requires coordinated action between our network lawyer in the UK and counsel where the underlying conduct occurred.
Speed matters. Speak with us before assets move any further.