Complex, international and contentious
BDO Saudi’s Contentious Insolvency team combine the forces of our forensic and insolvency specialists to deal with the wide ranging contentious issues that may arise from an insolvency. Our team has considerable experience of forensic investigations, wrongful and fraudulent trading, misfeasance, fraud, breach of duty, money laundering and where appropriate uses the full range of relevant laws to ensure full disclosure and recovery of assets. Our work also extends to asset tracing, including the strategic use of initial freezing injunctions in the case of suspected fraud or likely dissipation of assets. Our collaborative approach is geared to the effective investigation and pursuit of claims.
We work with lenders, lawyers, governments and other intermediaries as an integrated team from the beginning to understand our client’s objectives, make a swift diagnosis, agree robust strategies and pragmatic actions to maximize recoveries. Our closely coordinated operations mean response time is minimized, communication is enhanced, and costs are controlled.
Effective contentious insolvency advice demands a team with extensive international reach as those responsible for causing major losses to creditors do not respect national boundaries. BDO is represented in over 150 countries worldwide, giving us access to local expertise when it is needed to follow assets, companies and directors around the globe. Whatever the nature of the dispute, wherever it is in the world, BDO has the capacity and capability to recover assets.
Our services include but are not limited to:
- Antecedent transactions
- Forensic investigation
- Asset tracing
- Breach of fiduciary duty
- Money laundering
- Freezing orders
- Cross border