Asset Tracing

Fraud is often perpetrated on a global scale, involving complex structures to conceal its proceeds and may be linked with a corporate insolvency. The discovery of a fraud can often lead to proceedings in multiple jurisdictions and involve off-shore structures which have been created in an attempt to conceal the proceeds. Proceedings for the recovery of the proceeds of a fraud can often involve quite difficult legal issues such as forum and conflict of laws and may involve regulatory issues.

We can assist you or your lawyers in the field of fraud and asset tracing, particularly in cases involving trusts and other structures which generally involve working with lawyers in other jurisdictions.

We can advise on the forms of interim relief the Isle of Man High Court may grant (such as the Isle of Man equivalent of English freezing and search and seize orders). We can also assist with the taking of evidence on the Island for use in proceedings abroad.

For more information please contact Miles Benham e-mail: milesbenham@mannbenham.com