Market report: white-collar crime/civil fraud
<em>IHL</em> reports on the broad mix of white-collar crime and civil fraud issues likely to keep in-house teams busy in 2022.
With only a small degree of hindsight available, it is abundantly clear that London is experiencing one of its great disputes booms as the UK emerges from the Covid-19 pandemic. One may expect that the unique economic situation, underpinned by unprecedented levels of state financial support, may be the key catalyst for contentious issues. But on closer inspection, the mandates are flying at disputes firms from all directions.
Even specifically within civil fraud, there is a cauldron of issues bubbling away that practitioners will do well to keep abreast of. One only has to listen to the list of mandates given by Simon Bushell, founding partner of disputes specialist Seladore Legal, to appreciate the variety: ‘Work is coming from all different parts of the world – we’ve got clients in the Middle East, west Africa, US, Russia and Ukraine. But it is also spanning a variety of sectors. We have energy clients, ultra-high-net-worth clients, petrochemical clients, renewables clients and investment manager-type clients. It’s coming from all sorts of different angles.’
