Our team have been regularly active in cases arising in the Sub-Saharan region in recent years. From supporting the enforcement of awards against sovereigns, to mapping complex asset structures and investigating alleged state corruption, we have been engaged in disputes originating or with a research requirement in many of the 54 countries of the continent, with recent examples including Kenya, Tanzania, Nigeria, Gabon, Senegal and Ghana.
Language capabilities, experience living and working across sub-Saharan Africa, field work experience and robust local relationships enable us to effectively navigate the diverse and politically complex landscape of the region to gather timely and precise intelligence and evidence that can be relied on in court.
“They provide a sober analysis of what they’ve been able to gather” – Chambers UK, Litigation Support: Business Intelligence & Investigations.
REPRESENTATIVE MATTERS
Undertook an asset tracing exercise to assist with enforcement of a creditor’s award. Identified receivables due from international trading partners and revenue structure of the company, as well as potential leverage points.
Working on behalf of a creditor with a multimillion-dollar award, we identified the sovereign’s key commercial-use assets and receivables. The resulting enforcement plan drew on research undertaken in East Africa, Europe, the US and the Middle East.
Led an investigation on behalf of a European commodity trader to develop a recovery strategy in pursuit of a multi-hundred-million-dollar award against an African sovereign. Identified assets in the UK including property, shareholdings not covered by sovereign immunity and interest payment windows on sovereign investments.
Undertook investigative work across Europe, US, Middle East and East Africa to enforce a creditor’s multi-million dollar award against a power developer active in eastern Africa. Identified assets and evidence of fraudulent conveyance, violations of corporate governance and dissipation.
Investigation on behalf of a global trading conglomerate into the SPV partners of a Ghanaian power project. Delivered detailed analysis of the SPV partners based on the local documentary record and discreet interviews, identifying historical malpractice, conflicts of interest and implicit involvement in a highly publicised scandal.
Investigated a client’s competitor allegedly involved in corruptly manipulating contracts issued by a large state-owned corporation in Africa. Supported client’s public relations team in making the allegations and supporting evidence public.
We mapped the parent company’s global subsidiaries and identified their assets in Tanzania. The company ultimately settled the claim.
Engaged by a natural resources investor in a multimillion arbitration claim to enforce a political risk insurance policy related with a mining investment in Europe. Our investigation gathered intelligence and evidence around the factors and actors in the expropriation of the mine, including the involvement of senior members of the government and their cabinets as well as an associatedlobbying campaign which was secretly funded. Contributed evidence to the Reply and engaged in strategy discussions with legal team.
On Thursday 7 March, Raedas is hosting a breakfast panel followed by an interactive masterclass on defining and strengthening your voice at the Groucho Club. In the world of high-stakes disputes and business, is it the voice that shouts the loudest that wins...
With reputations and wealth to protect, UHNWIs must guard against the risks of AI. Andrew Wordsworth gives his expert view, in an article published by Spear’s Magazine, on the risks posed by deepfakes and artificial intelligence and what can be done....
Crisis strikes even the best prepared. The challenge is: how do you respond? In a seminar hosted by Raedas and Gibson Dunn in Washington D.C. Nicholas Bortman and Eric Wheeler (Raedas), Michael Diamant and Stephanie Brooker (Gibson Dunn), and Charles Bakaly...
Co-founding partner Nicholas Bortman writes for the Financial Times Adviser on the pivotal role investigators play in mitigating the impact of fraud. From unpicking financial crime from negligence, to understanding if money lost is gone forever – you...
Following the release of Chambers and Partners’ 2023 ‘Litigation Support Guide’, we have maintained our position as the only firm ranked Band 1 for Business Intelligence & Investigations’ (BI&I) and have achieved a Band 1 ranking for...
Co-founding Partner Joana Rego is interviewed by Commercial Dispute Resolution (CDR) for their Essential Intelligence: Fraud, Asset Tracing & Recovery 2023 publication. In this Q&A Joana lifts the veil on the role investigators play in contentious...
We are pleased to announce the strategic hire of Ekaterina (Kat) Rozenbaum to the newly created role ‘Head of Client Relations’ based in London. Kat joins Raedas from Mishcon de Reya, where she acted as Head of Business Development for the disputes...
On the 7 March, Raedas hosted their fourth annual Women in Disputes event ‘”Investigating wellbeing”: a practical discussion with nutritionist Holly Dunn’. Disputes work is by nature high pressure, fast paced, and stressful. Whether as...
We hosted our second seminar this Autumn, “Tracing the blockchain: From fraudsters to sanctions dodgers – investigatory and legal remedies to locate and recover crypto” in partnership with CMS. Raedas’ Matthew Walker and Henry...
We hosted an in-person seminar and networking event on 29 September in London. In recent years the number of climate-related disputes has grown significantly, with likely precedent setting cases underway. Jenna Burton (Director, Raedas), Nathalie...
Raedas have maintained their position as the only firm ranked Band 1 in Chambers and Partners’ ‘Litigation Support: Business Intelligence & Investigations’ (BI&I) guide 2022. Improving on last years’ position, all three co-founding...
Director Jenna Burton was interviewed for The Arbitration Station’s first podcast of 2022. The podcast discusses key issues relating to commercial and investment arbitration. Hosted by arbitration experts Saadia Bhatty (Counsel, International...
Directors Isabel Asquith and Matthew Walker spoke on panel for ThoughLeaders4 London event. Isabel discussed the Burning Questions of 2022 for asset recovery, fraud, recovery, and insolvency. Isabel outlined the implications of information entering the...
Raedas are pleased to announce the hire of forensic accountant and accounting expert witness David Lawler. David has over 30 years’ experience advising claimants and defendants in high profile disputes across a variety of sectors. Trained as a Chartered...
Raedas have maintained their Chambers and Partners’ Band 1 ranking for Litigation Support: Business Intelligence & Investigations (BI&I) for the third year in a row, and Band 2 ranking for Global Asset Tracing & Recovery (Investigations) for a...
