Senior investment banker
We advised a very senior investment banker in relation to the alleged misuse of confidential information. The FSA commenced a dual criminal / regulatory enquiry into possible insider dealing and market abuse / breach of FSA principles and were persuaded to regard the case as a purely regulatory matter.
Representation of conglomerate in relation to international corruption investigation
Peters & Peters represented a conglomerate following the execution in 2010 of multiple search warrants by the SFO. The SFO investigation arose as a result of, and in conjunction with, worldwide enquiries, investigations and prosecutions. The conglomerate, its agents, officers and employees were suspected of making corrupt payments to foreign public officials over a number […]
Firm defends online casino owners in novel cyber blackmail case involving notorious US hacker
Peters & Peters acted for the defence in a cutting-edge cyberblackmail case. The clients were the owners of an online casino, who allegedly paid a notorious hacker to launch a distributed denial of service attack on a competitor and threatened to shut down its website if that competitor did not hand over a share of […]
Senior African Bank executive in internal investigation
Instructed by an FCA approved person and part of the executive management team at the London subsidiary of a major African Bank. Acting in conjunction with her employment lawyers, we advised in relation to serious allegations of impropriety made against our client leading to suspension from her employment whilst an internal investigation was carried out by […]
Ras Al Khaimah Investment Authority & Others v Bestfort Development LLP & Others
We represent various English LLPs which are named respondents to an application brought under s.25 of the Civil Jurisdiction and Judgments Act 1982 by various entities owned by the Emirate of Ras Al Khaimah. The underlying proceedings are ongoing before the Courts of Georgia and Ras Al Khaimah in which some of the LLPs and […]
Representation of former CEO of large Nigerian bank in £800 million fraud proceedings
The firm represented Dr Erastus Akingbola, previously CEO of one of Nigeria’s largest banks, in £800 million proceedings in London, which were instigated by the client’s former employer. The case involved a worldwide freezing order, issues of domestic and Nigerian law and parallel criminal proceedings in Nigeria. The reported judgments are available here: http://www.bailii.org/ew/cases/EWHC/Comm/2011/605.html http://www.bailii.org/ew/cases/EWHC/Comm/2012/2148.html
Firm persuades Metropolitan Police to close investigation into rape allegation and destroy client’s DNA/arrest record
The firm acted for a leading Scandinavian businessman who was accused of rape in the UK and investigated by the Metropolitan Police. Peters & Peters was successful in persuading the police to drop their investigation against the client and destroy his DNA and arrest record.
Firm advises private educational institution on potential compliance and contractual issues relating to the recruitment of students from countries subject to sanctions
Peters & Peters assisted an educational institution with applications from students linked to sanctioned jurisdictions to assess associated sanctions risks and to review and enhance its policies and procedures accordingly.
Policy and disclosure advice: Accounting and tax practice
We were first asked to assist this substantial international tax practice in revising its AML policies to take account of the Money Laundering Regulations 2007. Since then we have continued to provide ad hoc advice to its MLRO on issues ranging from appropriate due diligence to disclosures and general risk management.
Reckitt Benckiser litigation
Peters & Peters settled a follow-on damages claim brought by long-standing client the Secretary of State for Health against companies in the Reckitt Benckiser group. Reckitt had been found by the Office of Fair Trading (now the Competition and Markets Authority) to have infringed competition law by impeding market entry of a generic version of […]