![Page 1: Role of legal counsel in asset tracing and recovery - Igor Semenov](https://reader036.vdocuments.net/reader036/viewer/2022083106/587321c91a28ab673e8b7a9d/html5/thumbnails/1.jpg)
Role of legal counsel in asset tracing and recovery
Igor Semenov Counsel and Coordinator of Assets Tracing Practice
30 June 2016
![Page 2: Role of legal counsel in asset tracing and recovery - Igor Semenov](https://reader036.vdocuments.net/reader036/viewer/2022083106/587321c91a28ab673e8b7a9d/html5/thumbnails/2.jpg)
Main tasks of legal counsel in assets tracing and recovery
• Focusing the investigators on certain jurisdictions
• Working on evidence for further litigation/arbitration
• Developing general legal strategy of dispute resolution and assets recovery
![Page 3: Role of legal counsel in asset tracing and recovery - Igor Semenov](https://reader036.vdocuments.net/reader036/viewer/2022083106/587321c91a28ab673e8b7a9d/html5/thumbnails/3.jpg)
Focusing the investigators on certain jurisdictions• Analysis of public sources and public registers re assets of the debtor
• Analysis of debtor’s corporate structure and tax planning schemes
• Analysis of debtor’s commercial activity and transactions
• Analysis of debtor’s financial accounts
• Analysis of personal property of the beneficiaries of the debtor
• Analysis of lifestyle and interests of beneficiaries of the debtor
Focusing on 2-3 most promising jurisdictions
![Page 4: Role of legal counsel in asset tracing and recovery - Igor Semenov](https://reader036.vdocuments.net/reader036/viewer/2022083106/587321c91a28ab673e8b7a9d/html5/thumbnails/4.jpg)
Working on evidence for further litigation/arbitration
• Obtaining excerpts from public registers re assets identified
• Evaluation of the assets identified
• Interviews and collecting witness statements
• Engaging experts and collecting expert reports
![Page 5: Role of legal counsel in asset tracing and recovery - Igor Semenov](https://reader036.vdocuments.net/reader036/viewer/2022083106/587321c91a28ab673e8b7a9d/html5/thumbnails/5.jpg)
Actual assets recovery• Application to courts for disclosure of assets
• Application to courts for disclosure of bank accounts information
• Application to courts for assets freeze
• Application to courts for piercing of corporate veil
• Engaging and coordination of local counsels in jurisdictions involved
• Filing claims aimed on actual assets recovery
• Considering options on initiation of criminal proceedings
![Page 6: Role of legal counsel in asset tracing and recovery - Igor Semenov](https://reader036.vdocuments.net/reader036/viewer/2022083106/587321c91a28ab673e8b7a9d/html5/thumbnails/6.jpg)
Thank you for attention!