Sanctions compliance programme for multi-national corporation operating in countries subject to stringent regimes

Brian McDonald November 10, 2015 0 Comments

The firm advised a multi-national corporation on creating a sanctions compliance programme tailored the particular demands of its business, which operates in 120 countries worldwide, including those subject to sanctions regimes and trade embargoes. This involved reviewing the company’s existing procedures, interviewing over 50 employees to identify risks, devising a global sanctions policy and, finally, […]

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Advice and representation to witness in FCA investigation

Brian McDonald November 10, 2015 0 Comments

Peters & Peters act for a potential witness in a FCA investigation/prosecution into insider trading, which forms part of an overall major FCA insider trading case, in which a number of convictions have already been secured.

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Acting in connected Commercial Court claims with a combined value in excess of $400 million, subject to Kazakh law

Brian McDonald November 10, 2015 0 Comments

Peters & Peters acts for the first defendant in three linked sets of proceedings, in which aggregate damages of over $400 million are sought and which currently await trial in the Commercial Court. The cases concern fraud and banking issues, and have thus far involved multiple interlocutory hearings. Reported decisions in these matters are as […]

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Substantial costs award made following acquittal of client charged with dishonesty offences

Brian McDonald November 10, 2015 0 Comments

Instructed late in the day, Peters & Peters successfully defended the president of a global pharmaceuticals group due to stand trial for dishonesty offences. The proceedings were discontinued following lengthy representations made as to the inadequacy of the Crown’s disclosure, following which Peters & Peters obtained a novel and substantial costs award against the Crown.

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Success for client in leading European case on MTIC fraud

Brian McDonald November 10, 2015 0 Comments

Peters & Peters represented two exporters of mobile telephones, in domestic proceedings and before the ECJ in Luxembourg, in a case concerning the withholding of over £20m in VAT repayment claims. The firm obtained a landmark judgment which forced a change in approach for HMRC in tackling MTIC fraud.

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Representation of corporate clients and individuals in relation to restraint arising from money laundering investigation

Brian McDonald November 10, 2015 0 Comments

Peters & Peters acts for a former Ukrainian minister and a number of corporate entities in connection with a SFO money laundering investigation. The firm secured the setting aside of a 23 million dollar restraint order pursuant to the Proceeds of Crime Act 2002, on the grounds of material non-disclosure by the Crown. The firm […]

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Representation of traders in FCA Libor investigation

Brian McDonald November 10, 2015 0 Comments

The firm acts for several traders at different banks in relation to investigations into allegations of Libor fixing conducted by the FCA, SFO and DOJ. A number of the cases are ongoing. In one completed case the firm was successful in securing a private warning for the client, thus avoiding formal disciplinary action.

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Representation of former consultant to the World Bank on corruption allegations

Brian McDonald November 10, 2015 0 Comments

We acted for a former consultant to the World Bank, who was subject to an investigation by the World Bank and the City of London Police. The case concerned allegations that the consultant had received corrupt payments from companies bidding for contracts with the World Bank.

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Firm acts for major UK bank in relation to Libor rate fixing investigations in the UK, EU and US

Brian McDonald November 10, 2015 0 Comments

Peters & Peters continues to represent a major UK bank in relation to multiple Libor rate-fixing investigations. The firm’s role has included advising on corporate criminal liability, the conduct of interviews with senior executives and responding to regulators in the UK, US and Europe. This matter is typical of the firm’s instruction by corporate clients […]

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Successful discharge from extradition for a UK citizen wanted by the Government of India

Brian McDonald November 10, 2015 0 Comments

We act for a UK citizen in relation to an extradition request and INTERPOL Red Notice issued at the behest of the Indian authorities. Peters & Peters successfully secured a summary discharge from extradition on behalf of our client. Our client was discharged on the basis that the Indian Government had failed to establish a prima […]

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