In recent years, there has been a sharp increase in the number and variety of maritime fraud cases in the international shipping and trade industry, with forms of such fraud including bunkering fraud, cargo and document fraud, chartering fraud, port-related fraud, blackmail, cyber fraud and information phishing.
The IFG Shipping division is a global network of lawyers with both contentious and non-contentious shipping and fraud experience spanning 17 jurisdictions. Our shared expertise and global reach allow us to tackle local and multi-jurisdictional complex maritime frauds and seize and recover stolen assets.
Chair: Mark Davis, Mishcon de Reya LLP
Co-Chair: Prakaash Silvam, Oon & Bazul LLP
Members of the IFG Shipping Group are ideally placed to assist with global asset recoveries on behalf of banks, financiers, lessors and institutional investors operating in the maritime sector, particularly in cases involving underlying allegations of fraud. With extensive experience in enforcement actions, our member firms are familiar with arrest regimes around the world and work closely together to ensure our clients achieve the best possible outcomes. Meanwhile the non-exclusive nature of our network ensures that our members have the flexibility to fully leverage their connections and relationships wherever needed.
Providing innovative and collaborative solutions to our clients, our member firms can offer access to funding for high-value asset recovery and enforcement claims through Grant Thornton’s Asset Recovery Fund II LP and MdR Solutions I, a strategic partnership between Harbour and Mishcon de Reya LLP.
