News and Media

Jan 11, 2018 New rules to speed up freezing and confiscating criminal assets across the EU I read this press release on the European Parliament website today I was wondering if anyone else appreciated the irony of the Civil Liberties Committee approving a regulation which makes it easier to confiscate assets internationally “even if they are not the direct proceeds of crime”, “even if they belong to a third party” and “even if there is no conviction”. On the basis this will get rubber-stamped it will become effective six months after coming into force. I wonder if that will be before or after 29 March 2019 and, if it’s before will the UK ... Read More
May 10, 2017 Byrne and Partners promotes two of its Associates to Partner Byrne and Partners LLP has announced the promotion of two associates to its partnership. Joining the partnership are Emma Brooks and Adam Zoubir. Emma is part of the criminal defence team at Byrne and Partners and specialises in corporate fraud, white collar crime and regulatory work. She has advised and represented a number of clients in relation to allegations of serious fraud, corruption and money laundering. Emma notably acted for the Directors of London based oil and gas company, Soma, in relation to the SFOs investigation into allegations of bribery and corruption as well as a ... Read More
Aug 5, 2016 Court of Appeal success against the National Crime Agency In a judgment handed down on 19 July, the Court of Appeal ruled that the NCA must disclose a Request for Mutual Legal Assistance from the USA to the UK authorities, albeit in redacted form. This was in the context of proceedings for a Prohibition Order against assets owned by Byrne and Partners’ clients Blue Holding 1 and Blue Holdings 2 Pte.    According to the NCA, the Request identified assets which the USA asked the UK authorities to freeze on the basis that they were the subject of civil asset forfeiture proceedings in the USA.  The NCA served evidence which ... Read More
Jul 27, 2016 Nicola Boulton and Ben Davies ranked as leading asset recovery lawyers Commercial litigation partners Nicola Boulton and Ben Davies have been identified as standout practitioners by Who’s Who Legal, in its 2016 global guide to asset recovery lawyers. Nicola is credited as having a “fine civil fraud litigation practice’ that is the envy of her peers’”, with sources praising her "tenacity and dynamism" and citing her as "a real asset during tough cases". Ben is noted for his work on complex fraud cases and is said to be “renowned for being ‘a particularly intelligent and competent ... Read More
Jun 7, 2016 Operation Tabernula Acquittal Byrne and Partners LLP acted for Benjamin Anderson in a trial for conspiracy to insider deal. Anderson was charged with four others, Martyn Dodgson, Andrew Hind, Andrew Grant Harrison and Iraj Parvizi. After an eight year investigation, three and a half month trial and eight days of jury deliberations, Mr Anderson along with Mr Parvizi and Mr Harrison were acquitted. It was alleged that Dodgson and Harrison passed information they gleaned from their jobs to Hind who then used it to place orders to trade through Anderson and Parvizi. Anderson and Parvizi were prolific day traders who placed ... Read More
May 10, 2016 Boutique Firm for the Lawyer Awards Byrne and Partners are proud to announce that we have been shortlisted for the Lawyer Awards "Boutique firm of the Year." The winner is to be announced at a dinner on the 29 June 2016 to be held at the brand new Intercontinental London - the O2. ... Read More
Jan 27, 2016 Byrne and Partners client acquitted in LIBOR trial, Matthew Frankland comments. Matthew Frankland, partner at Byrne and Partners, comments on the acquittal of LIBOR brokers today (Wednesday 27 January) including Byrne and Partners' client, Danny Wilkinson: "We are extremely happy with today's result for our client, Danny Wilkinson. We believe the Judge's decision further underlines that the LIBOR system was broken well before this indictment period, both in terms of banks submissions and the British Bankers Association (BBA). Indeed, the evidence of John Ewan was likened to consulting a clairvoyant, and Mr Wilkinson’s statement that the BBA was ... Read More
Oct 5, 2015 The Brokers LIBOR trial begins. “This week the trial began for the six brokers who will face prosecution in the global LIBOR investigation. The trial comes more than seven years after U.S. regulators first examined how LIBOR rates were set, and a global investigation which led to 21 individuals charged, some of the world's leading banks being fined around $9 billion and a “complete overhaul” of the regulatory regime. This overhaul included the Financial Conduct Authority (FCA) amending existing legislation to make the setting of LIBOR a “regulated activity” and the creation of two new SIF ... Read More
Jul 10, 2015 Bruno Iksil Vindicated by Regulatory Decisions Committee The FCA Enforcement Division (“Enforcement”) has failed to convince the FCA’s Regulatory Decisions Committee (“RDC”)  that Mr Iksil engaged in misconduct during his employment in the Chief Investment Office (“CIO”) at JPMorgan Chase Bank (“the Firm”). Enforcement had maintained that Mr Iksil was knowingly concerned in breaches by the Firm of Principles 2 and 5 of the FCA Principles for Business, as described in the Final Notice issued against the Firm on 18 September 2013 as part of an agreed settlement between the Firm and the ... Read More