We advise court-appointed POCA Receivers, usually an experienced accountant and their teams from top 10 accountancy firms, on every aspect of Restraint, Receivership and Confiscation law arising from the management of all manner of assets.
Our clients include suspects and defendants (prior to any conviction) and the realisation of such assets to enforce Confiscation Orders made (post any conviction) in POCA proceedings. We adapt to our clients needs, acting in their best interests, whether it is to protect or maintain assets whilst under Court Orders, or proving and demonstrating their available assets in confiscation proceedings.
We have considerable experience in assisting Receiverships dealing with numerous and varied assets that have often been placed in labyrinthine company structures and/or held in off-shore entities and advising upon the many novel and complicated legal issues that arise from the management and sale of these assets in the UK and other jurisdictions. As POCA Receivers, and officers of the court with duties and obligations owing to it, we also advise Receiverships upon and assist with the various applications that may need to made to obtain its permission to perform tasks that are beneficial and proportionate to the effective management and sale of the assets within it and also can liaise with the prosecuting and other authorities, such as the SFO, CPS and HMRC, in this regard.
Notable Experience
- Acted (and continue to act) for the Management Receiver of group of UK and off-shore companies holding circa 100 different assets, including a portfolio of UK properties, in relation to an extremely protracted (over 14 years) HMRC fraud related prosecution.
- Acted for an Enforcement Receiver in a large SFO mortgage fraud related case including successfully obtaining an Order that the half of the proceeds from a sale of an asset, that had passed to the Crown under the law of escheat, be paid into the Receivership.