The proliferation of misappropriation of assets, fraud and corruption across jurisdictions, as well as unpaid debts, requires cooperation between governments, aggrieved parties and other actors such as private investigators, law firms, forensic experts.
We act for governments, legal entities and individuals assisting in all phases of the asset tracing process in order to recover misappropriated assets or debts located in Greece/South-East Europe and worldwide.
We routinely work across borders and are well-versed in multi-jurisdictional matters calling upon our network of specialist lawyers and investigators for support in other jurisdictions.
Our experience is widespread. We can add value in the following areas:
- Bringing or defending criminal proceedings: Serious criminal charges are often a powerful weapon in multi-jurisdictional asset recovery cases, and we are pioneers in this field. We have also leading experience dealing with enforcement agencies in Greece, South-East Europe and worldwide regarding the tracing and recovery of misappropriated assets through criminal proceedings in which court orders can be obtained for the provision of financial information and bank records, the search of premises for the recovery of evidence and the freezing of bank accounts.
- Mutual legal assistance in criminal matters: We assist individuals or entities supporting or resisting foreign mutual judicial assistance requests which aim to obtain evidence of financial transactions and bank records as well as to confiscate assets located in Greece, South-East Europe and worldwide. We are proud to have secured a number of successful outcomes for our clients in recent years, in several jurisdictions.
- Attachment & interim measures: We regularly assist individuals and entities to secure their claims through attachment proceedings, aiming to obtain the freezing, seizure and realization of assets (bank accounts, real property, claims etc.) located anywhere in Greece and South-East Europe. Our practice also includes assistance in the context of interim measures, such as obtaining the freezing or release of bank guarantees, the freezing of assets on the basis of a Worldwide Freezing Order or preventing the disposal of assets.
- Enforcement of judgment and arbitral awards: We have wide experience in the enforcement of foreign or Greek judgements and arbitral awards. Our team of litigators advises and represents individuals, entities and foreign States in recognition and enforcement in Greece of judicial decisions or arbitral awards.
- Commercial fraud litigation: Thanks to the breadth of skills and versatility of our litigators, we are well equipped to assist parties involved in commercial fraud. On the one hand, we assist and represent defrauded parties seeking to recover their assets in either civil litigation or criminal proceedings and provide advice on possible regulatory matters and related proceedings before supervisory authorities. On the other hand, we vigorously defend clients accused of perpetrating commercial fraud and put our skills to good use to ensure that unjust claims be quickly dismissed.
- Insolvency proceedings: Based on our expertise in banking & finance and white-collar crime matters, we focus on insolvencies in the financial sector including fraud-related bankruptcies . We act for clients bringing or defending insolvency-related claims (e.g. avoidance claims, D&O liability claims). We assist creditors seeking to collect claims against insolvent debtors, defending creditors’ interests throughout the debtor’s insolvency proceedings (be it a moratorium, civil forfeiture of individuals’ assets or bankruptcies of commercial entities) and deal with the competent agencies. We assist distressed debtors seeking to avoid bankruptcy by either securing payment facilities from creditors or obtaining appropriate court orders. Our team can also advise distressed debtors with the restructuring of their debt. The firm’s expertise in the field extends to cross-border insolvency proceedings, as well as bankruptcies of specific commercial actors such as banks.
- Recognition and enforcement of foreign awards against creditors based in Greece or with assets located in Greece, South-East Europe etc.
- Recognition of foreign bankruptcy judgments in Greece; asset tracing and recovery.
- Bringing or defending insolvency-related claims (e.g. avoidance claims, D&O liability claims).
- Acting as administrators, liquidators, trustees in bankruptcy, or members of creditor committees