Peters & Peters "stands-out" as leading fraud law innovators

Peters & Peters' innovative approach to tackling fraud has earned the law firm the 'Stand Out Firm for Fraud' accolade in the FT Innovative Lawyers Report 2010. 

Peters & Peters was involved in campaigning for action in the Hermitage Capital affair, in which Russian lawyer, Sergei Magnitsky, died in pre-trial detention in Russia after his arrest for alleged tax fraud. As part of a co-ordinated and ambitious campaign, the firm proactively assisted in persuading the Council of Europe to order Russia to combat corruption in its legal system. 

Michael O’Kane, Head of the Business Crime Practice said: 

"A key reason why clients chose Peters & Peters’ is that we have a long standing track record of applying imaginative legal approaches when tackling challenging international legal issues. To gain recognition again by the FT for our activities in this area is an additional bonus to that which we have been able to achieve for our clients in this matter.

"What the Hermitage Capital instance shows is that we can play an influential role in questioning the authority of states to bring charges, going beyond the traditional role of a law firm in fraud law cases.

"The FT Innovation Report paints an accurate picture of the way the UK's legal profession is responding effectively to a boom in financial crime, not only here in the UK but on a global scale."

In addition to its high-profile work in relation to Hermitage Capital's treatment in Russia, Peters & Peters advises corporate clients regularly on all aspects of business crime risk as well as representing them and their executives in respect of national and international criminal investigations.  

The Business Crime department at Peters & Peters has the distinct advantage of being able to work alongside its Commercial Fraud Litigation department with expertise in dealing with corporate fraud. The skills and long expertise of both departments synergize when acting for corporate clients.

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For more information please contact Melissa Davis on 07702 749163 or melissa.davis@mdcomms.co.uk