Carmel specialises in asset tracing and recovering funds for clients who have suffered a financial loss as a result of fraud. She has 15 years’ experience of using insolvency proceedings, court-appointed receiverships, other civil procedures and litigation funding to conduct investigations, formulate legal claims and enforce judgements.
I have experience working in the public and private sectors, having taken instruction from government departments and local authorities in the UK, non-UK governments, and international companies.
Carmel’s experience includes:
• leading the strategy for a high profile and complex case, which involved coordinating the legal teams and the legal strategy in several multi-million pound litigation pieces, and negotiating multiple complex funding structures with lawyers, funders and insurers
• an investigation into a £176 million fraud on HM Revenue & Customs involving thirty companies in the UK and others in the Middle East and Asia
• an investigation into corruption and misappropriation of assets for an overseas government, including the determination of the loss incurred, which resulted in the submissions of civil recovery and criminal complaints in overseas jurisdictions valued at USD $140 million.
Carmel is the Co-Chair of INSOL Europe’s Anti-Fraud Forum, with over 70 lawyers, accountants and insolvency practitioners specialising in fraud, asset tracing and recovery. Her special interests are in litigation funding and cryptocurrency fraud; she regularly presents at conferences and she has published a number of articles on these topics.
Carmel has the support of corporate intelligence, forensic and digital colleagues. The Insolvency and Asset Recovery Team has a presence in all major offshore locations to enable seamless work to achieve the best results for clients. They can operate under a number of fee structures, often working on a contingent basis or with the benefit of third-party funding. The firm has its own litigation fund which is deployed in support of the team’s cases.
June 22, 2021
Above the Law? The challenge of bringing financial criminals to justice (1:10PM BST | 2:10PM CEST)