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Civil fraud

RPC's pre-eminent Fraud & Investigations Group is known for acting on the largest fraud disputes. We are one of the largest civil fraud practices in the city.

When a fraud has occurred, it is crucial to act quickly. RPC's well-established team can help clients to take urgent action to investigate the cause and scope of the wrongdoing, mitigate the damage, pursue the wrongdoers and trace the assets. We have acted for individuals, corporates and insolvency office holders on large-scale, complex corporate investigations and fraud-related disputes (litigation and arbitration) in every region of the world and know how to handle the cultural sensitivities which might arise in such matters. The majority of our work involves a cross-border element and we have particular experience in handling matters emanating from Russia and the CIS.

Our team also has an extensive background in pursuing alternative legal strategies, including freezing orders and search orders in order to identify and recover misappropriated assets across multiple jurisdictions.  

Where a case of fraud has concluded, we can provide advice in relation to asset-tracing and enforcement options. We regularly act for our clients in relation to the enforcement of judgments or arbitral awards both in England and internationally. The assets of perpetrators of fraud are often subject to freezing orders, we can advise on your options to recover the amounts you are owed.

Our advice is always commercial, and we often assist our clients in achieving settlement. However we are always willing to pursue our clients' objectives in trial if necessary; RPC were recently ranked Number 1 in The Lawyer's quarterly court rankings for Q3 2017, which tracks the amount of time that firms spend in Court.

 

Relevant work

Federal Republic of Nigeria

Acting for the Federal Republic of Nigeria in separate claims against JP Morgan, Shell and Eni, arising out of the oil majors' acquisition of an oil prospecting license (OPL 245) for the sum of $1.3 billion.  

Bank St Petersburg 

Listed in The Lawyer as one of the top 20 cases of 2016, RPC acted for BSP in proceedings in the Chancery Division against oligarch Mr Arkhangelsky and his wife to enforce a series of contracts worth US$30m+ in the form of personal guarantees given by Mr Arkhangelsky. Judgment was handed down in May 2018; our client succeeded in all of its debt claims and the counterclaim was dismissed in full.  The Defendants / Counterclaimants have issued an application for permission to appeal, which the Court of Appeal is yet to decide.

Mr Oleg Deripaska and Filatona Trading Limited

Acting for Mr Deripaska and his company Filatona in their challenge to the jurisdiction of an arbitral tribunal under ss.67-68 of the Arbitration Act 1996. 

The Fiona Trust litigation

Acting for the Claimants, Russian state-owned shipowners, Sovcomflot in the well-known and long-running Fiona Trust litigation. The complex proceedings, worth US$85m, involved a claim for damages said to have been suffered as a result of the freezing orders which had been made during the course of earlier which had exceeded the judgment awards made. The claim went to trial in July 2016 and has so far been appealed to the Court of Appeal. 

Administrator of a Latvian Bank

We acted for an insolvent Latvian bank, AS Latvijas Krajbanka in respect of the enforcement of an English judgment against a high-profile Russian national. We received our instructions from the bank's insolvency process administrator in Latvia, and advised in relation to enforcement options against the defendant's worldwide assets, which are the subject of multiple worldwide freezing orders.  

 

The Team