Blake Lapthorn has a national reputation for its specialist
fraud litigation work. There are a number of ways that an asset
based lender can suffer losses resulting from a fraud. For
example:
- 'fresh air' financing
- multiple financing
- impersonation/identity fraud
- 'long firm' frauds
- misappropriation of funds/assets by customers.
There are an equal number of ways that an asset based lender can
look to recover those losses and we are experienced in assisting
them with identifying and implementing the appropriate
strategy. This may include:
- issue of injunctive proceedings to recover/preserve assets
- issue of proceedings against parties involved such as
suppliers, brokers and directors of customers
- working closely with enquiry agents to locate assets/funds and
gather relevant evidence
- unravelling complex corporate
and offshore structures to trace misappropriated
funds
- working with insolvency practitioners that specialise in
fraud related situations
In the larger cases a multiple strategy may be needed to
pursue all possible lines of recovery.
