Civil Fraud and Investigations

Civil Fraud and Investigations

Civil Fraud cases form a significant part of the core work undertaken by the barristers at One Essex Court and as such we are perceived by many as the market leading set in this sector.  With a worldwide reputation for our work in this area, there is notable strength in depth across all levels in chambers and members win significant praise for their forensic attention to detail and consistently high technical ability.

The principal areas covered include accounting; asset-tracing and recovery; bribery; breach of fiduciary duty; directors duties; constructive trusts; deceit and conspiracy; unlawful means conspiracy; fraudulent misrepresentation; Ponzi and pyramid schemes; freezing and disclosure orders; search and seizure and other injunctive remedies, as well as multi-jurisdictional investigations and proceedings.

Recent instructions have included those in relation to The Libyan Investment Authority (LIA) claims against Goldman Sachs and Société Générale for alleged losses it made during the Gadaffi era; the Madoff fraud; the Stanford Bank Ponzi schemes; the Fortress v Blue Skye case; and UK Court and arbitration claims flowing from the fraud investigations in Kazakhstan relating to Alliance Bank, JSC BTA Bank and Muktar Ablyazov.

Counsel here also acted on behalf of a successful claimant in Tangent Investments & Anr. –v- MF Global UK Limited & Ors., where the Judge awarded damages measured by the profits Tangent would have earned on the trading fund which it lost through fraud.  This is believed to be the first English case in which a trader has recovered damages for the loss of the opportunity to profit through trading.

Historically, counsel from One Essex Court have been engaged in relation to many of the highest profile and most complex fraud cases and financial investigations of modern times, including significant engagements in the claims and investigations relating to Guinness, Maxwell, BCCI, Blue Arrow and Barlow Clowes amongst others. 

Other notable engagements have included principal roles in litigation concerning the collapse of Barings Bank, the trading fraud at Sumitomo Corporation and the massive fraud claims involving Grupo Torras and Tajik Aluminium.  Barristers at One Essex Court also acted for Smith New Court in its claim against Scrimgeour Vickers and Ors., the leading case in English law on the measure of damages for fraudulent misrepresentation.

One Essex Court’s ability to offer “talent at every single level”, coupled with a clerking team that is “second to none”, makes it a top choice for instructing solicitors. Chambers UK