The Legal 500

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15 FETTER LANE, LONDON, EC4A 1BW, ENGLAND
Tel:
Work 020 7822 7777
Fax:
Fax 020 7822 7788
DX:
407 LONDON CHANCERY LANE
Email:
Web:
www.petersandpeters.com

London: Corporate and commercial

Financial services: contentious
Financial services: contentious - ranked: tier 3

Peters & Peters Solicitors LLP

Peters & Peters Solicitors LLP has experience advising corporates and individuals on internal and regulator led investigations into alleged regulatory and criminal misconduct in the financial services sector. The firm also acts in insider dealing and market abuse cases, in combination with its white-collar criminal defence practice, often working on matters involving multiple regulators and cross-border issues. White collar specialist Neil Swift is known for advising individuals in the Financial Conduct Authority and DOJ’s investigations into misconduct in the bond market. He leads the team with the 'thorough, considered and practical' Hannah Laming, who acts for a range of clients including bankers, traders and senior executives within international financial institutions.

Practice head(s):Neil Swift; Hannah Laming

Testimonials

'Peters and Peters' very collegiate  team provide prompt, effective and practical support for the client'

'Great strategic depth and vast experience in guiding individuals through the most difficult situations and complex allegations'

'They give clients great confidence and reassurance and always identify the right tone of engagement'

'Hannah Laming is one of the legends of the industry with her criminal and civil experience and her insights from time working for the regulator. She is an extremely tough and shrewd operator'

'Strong technical skills combined with client care skills, they are genuine experts'

Work highlights

  • Acting for a high net worth individual who is being prosecuted for insider dealing by the FCA, the first such prosecution in the last 2 years.
  • Acting for a company director in a case relating to an FCA regulatory investigation into an insurance company, two of its directors and an appointed representative.
  • Acting for an Italian national, currently based in Italy, accused of insider dealing using information obtained from his girlfriend during the course of her employment at another bank.
  • Advising a former bond trader on criminal and regulatory investigations in the UK and US, as well as a competition investigation by the European Commission.
  • Advising a CEO and shareholder whose business has been subject to regulatory intervention, resulting in the company being placed in administration.  The FCA and the SFO have both launched investigations.
Leading individuals

Hannah Laming - Peters & Peters Solicitors LLP

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VAT and indirect tax
VAT and indirect tax - ranked: tier 3

Peters & Peters Solicitors LLP

Peters & Peters Solicitors LLP has a niche in handling parallel civil and criminal HMRC investigations in relation to VAT disputes, representing a variety of high-net-worth individuals and corporates. The group, which is led by Michael O’Kane, has a strong track record in reaching a favourable settlement with the Revenue and is regularly instructed in cases involving offshore tax structures where there are allegations of overseas tax fraud. Neil Swift is also noted for criminal tax defence matters.

Practice head(s):Michael O’Kane

Other key lawyers:Neil Swift; Christopher Gribbin

Testimonials

'Neil Swift is exceptional, very professional and gives clients a sense of security.'

'The team really impresses with its client service and attention to detail.'

'Neil Swift and Christopher Gribbin are impressive and approachable.'

Work highlights

  • Representing a high-profile entrepreneur, arrested in March 2015 as part of a complex HMRC/NCA tax investigation.  There are parallel criminal investigations in the Isle of Man.
  • Advising a football club in relation to a criminal investigation conducted by HMRC into alleged offences of cheating the public revenue, fraudulent evasion of income tax, fraudulent evasion of National Insurance contributions, fraudulent evasion of VAT, fraud by false representation and money laundering.
  • Acting for an entrepreneur and director of a company in relation to an investigation into alleged VAT fraud and money laundering.
  • Provide strategic advice on a high-profile businessman’s participation in HMRC’s contractual disclosure facility.

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London: Crime, fraud and licensing

Crime: general
Crime: general - ranked: tier 3

Peters & Peters Solicitors LLP

Peters & Peters Solicitors LLP provides 'a wealth of experience and an innovative approach' to cases. The firm is traditionally strong in INTERPOL matters, mutual legal assistance and extradition cases, yet is equally strong in handling a range of criminal matters, with recent work including cases of murder, sexual offences, serious violence and theft. Michael O’Kane - 'a great tactician with a wonderful ability to put clients at ease' - leads the practice. Nick Vamos and Neil Swift are key individuals.

Practice head(s):Michael O'Kane

Other key lawyers:Neil Swift; Nick Vamos

Testimonials

'The firm is equally at home advising companies and individuals'.

'Michael O'Kane can best be described as a rainmaker; he inspires great confidence'.

Work highlights

  • Advising a Yemeni billionaire, and his son by proxy, regarding allegations that the son murdered a Norwegian student in 2008.

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Fraud: civil
Fraud: civil - ranked: tier 2

Peters & Peters Solicitors LLP

Peters & Peters Solicitors LLP - described as 'one of the best litigation boutiques in London' - handles multijurisdictional civil fraud cases and business crime litigation. Areas of expertise include freezing and disclosure orders, breach of contract claims, multi-party litigation, asset recovery, fraudulent misrepresentation and fraud investigations. Keith Oliver is head of international at the firm and is an expert on asset tracing. 'Excellent strategist' Jonathan Tickner is head of commercial litigation and civil fraud and is experienced in high-profile litigation.

Practice head(s):Keith Oliver; Jonathan Tickner

Other key lawyers:Jason Woodland; Sarah Gabriel; Emma Ruane; Amy Harvey

Testimonials

‘Very experienced and well organised team’.

‘The firm is small but extremely responsive to client needs and inventive in finding solutions to complex problems’.

‘They have excellent international connections and operate well in cross-border disputes’.           

‘Keith Oliver has excellent judgement and finds practical solutions to the most complex recovery issues’.

‘Jonathan Tickner is a really excellent strategist and hard fighter’.

‘Jason Woodland has learnt from the best and really knows what he is doing’.                  

‘One of the best litigation boutiques in London’.

‘For civil fraud they have some of the best and most experienced individuals’.

‘Jonathan Tickner is very impressive technically, hugely knowledgeable and also very creative in coming up with an appropriate strategy’.

Key Clients

Alexander Tugushev

Secretary of State for Health and the NHS Business Services Authority

Anthony Barness & 121 others

17 Claimants, including 16 former professional footballers

Newmafruit Farms Limited

Dr Jampana

Ian Billington

Baglan Zhunus, (First Defendant in proceedings brought by Kazakhstan Kagazy)

Ramu and Palaniyapan Ramasamy

Pure Energy Development Sàrl and Elnur Aliyev

Work highlights

  • Acting for Alexander Tugushev in relation to his ownership of a one-third stake in an international fishing business.
  • Acting on behalf of the Secretary of State for Health and the NHS Business Services Authority in relation alleged misconduct by multinational pharmaceutical group Servier.
  • Acting for 122 investors in their £35m claim against Ingenious Media and the investors’ professional advisers following the challenge by HMRC to the validity of the schemes.
  • Acting for 17 claimants who bring claims against their former financial advisers and agents in respect of an alleged systemic practice of the payment of secret commissions.
  • Acting for Newmafruit on a multimillion-pound case involving the misappropriation of monies for the purpose of financing property development projects.
Leading individuals

Jonathan Tickner - Peters & Peters Solicitors LLP

Keith Oliver - Peters & Peters Solicitors LLP

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Fraud: white-collar crime
Fraud: white-collar crime - ranked: tier 1

Peters & Peters Solicitors LLP

Peters & Peters Solicitors LLP advises on fraud, bribery & corruption, money laundering, tax fraud, sanctions and cartel defence matters. Other areas of expertise include private prosecutions, multi-jurisdictional cases, extradition, INTERPOL matters and Mutual Legal Assistance. The department works closely with the corporate crime and civil fraud teams and handles asset recovery alongside criminal matters. Michael O’Kane heads the team and focuses on corruption, cartels, sanctions and extradition. Jasvinder Nakhwal represents individuals in major investigations conducted by a number of investigative agencies, including the SFO, FCA, CMA and overseas prosecutors. Hannah Laming is experienced in advising on corruption, complex fraud, money laundering, and contentious regulatory. Maria Cronin was promoted to partner and Peter FitzGerald was promoted to of counsel. Monty Raphael QC retired.

Practice head(s):Michael O’Kane

Other key lawyers:Jasvinder Nakhwal; Hannah Laming; Maria Cronin; Peter FitzGerald; Neil Swift; Nick Vamos; Dr Anna Bradshaw;

Testimonials

‘A superb team; dedicated and professional with great ability and judgment’.   

‘Michael O'Kane is outstanding’.

‘Jasvinder Nakhwal is a fine lawyer with great vision and is well liked for her client skills’.

‘An extraordinary concentration of white-collar crime knowledge in a boutique firm’.

‘Peters & Peters’ depth of knowledge and experience is what makes them stand out from other firms’. 

‘Nick Vamos gives clear, practical advice and his judgement of legal risks and likely outcomes is impeccable’            

‘Knowledgeable, experienced; great client service’.         

‘Nick Vamos has a fabulous manner with clients; he is extremely knowledgeable on cases with an international element, particularly the law and process on extradition’.

 

Key Clients

Richard Boath

Khadem Al Qubaisi (‘KAQ’)

Walid Choucair

Zsolt Hernádi

Hermitage Capital Management / Bill Browder

Girish Patel

Work highlights

  • Representing a former senior executive of Barclays Investment Bank and a defendant (alongside Barclays itself and three other former executives) in the SFO’s landmark prosecution based on payments made by Barclays to a Qatari sovereign wealth fund and the Prime Minister of Qatar.
  • Acting as lead counsel for KAQ, a suspect in global investigations into a $6bn fraud against the Malaysian sovereign wealth fund 1MDB.
  • Representing the Chairman and CEO of the Hungarian national energy company, MOL. He is accused by Croatia of bribing the former Croatian Prime Minister to further MOL’s interests in negotiations concerning the increase of its stake in the Croatian national energy company INA.

  • Advising an individual charged with corruption and conspiracy in Brazil, and being investigated by the US Department of Justice.

  • Continuing to act in one of the highest profile INTERPOL cases involving Russia. The firm's client was formerly the largest foreign investor in the Russian Federation. Its founder, Bill Browder, has long been active in exposing corruption in Russia. This led to a $230m fraud against the company and the harassment of its employees.
Leading individuals

Hannah Laming - Peters & Peters Solicitors LLP

Jasvinder Nakhwal - Peters & Peters Solicitors LLP

Michael O’Kane - Peters & Peters Solicitors LLP

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London: Dispute resolution

Commercial litigation
Commercial litigation - ranked: tier 6

Peters & Peters Solicitors LLP

Peters & Peters Solicitors LLP is 'an excellent boutique for commercial work, with an emphasis on quality and customer service'. It is traditionally known for fraud matters but now acts in major commercial and corporate litigation with or without fraud elements. The team assists with high-profile, international cases, including matters where freezing and disclosure orders are obtained. Keith Oliver, Jonathan Tickner, Sarah Gabriel and Jason Woodland are all highly rated practitioners.

Practice head(s):Jonathan Tickner; Keith Oliver

Other key lawyers:Sarah Gabriel; Jason Woodland

Testimonials

'A small but effective team, with good access to senior individuals - clients won't find themselves passed on to junior members'.

'Keith Oliver has many years of experience and is well known in the industry'.

'Sarah Gabriel is totally committed to her clients and prepared to work above and beyond the call of duty; she handles more difficult clients with ease, and while tough she never loses sight of negotiated resolutions'.

'Jonathan Tickner leads a team of talented lawyers with wide experience in commercial dispute resolution and a focus on fraud-related claims'.

'Jason Woodland is an extremely safe pair of hands'.

Key Clients

Alexander Tugushev

Mohammad Al Mojil and Adel Al Mojil

Secretary of State for Health and the NHS Business Services Authority

Group claim against Ingenious Media

18 clients bringing claims against Scion Media

Swiss Post International (UK) and Asendia UK

Pure Energy Development and Elnur Aliyev

Newmafruit Farms

Work highlights

  • Acted for Alexander Tugushev in relation to his ownership of a one-third stake in an international fishing business that is estimated to be worth approximately $1.5bn.

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Public international law
Public international law - ranked: tier 4

Peters & Peters Solicitors LLP

Peters & Peters Solicitors LLP has developed 'very good' expertise across the full range of economic sanctions issues, including challenging sanctions in court, defending clients accused of breaching sanctions and advising corporations on sanctions compliance. The practice also represents governments and investors in ICSID and other investor-state arbitral forums. Michael O’Kane leads the public international practice and has 'a superb reputation' acting for investors in challenging the decisions of states through arbitration, advising on EU sanctions and representing clients facing human rights violations. Nick Vamos is highly experienced in international criminal law, especially from the side of the prosecutor; Jasvinder Nakwal is a name to note for cases involving human rights violations.

Practice head(s):Michael O’Kane

Key Clients

Hermitage Capital

MOL Hungarian Oil and Gas Company

Khadem Al Qubaisi

Former founders / board members of a leading Saudi Arabian construction company

Work highlights

  • Acted for MOL Group, a Hungarian national oil and gas company,  in a bilateral investment treaty dispute with Croatia concerning a 2009 agreement with the management of the Croatian national oil and gas company, INA.
  • Defending a private client who has been designated as the target of economic sanctions imposed by the European Union on account of their alleged involvement in the misappropriation of state assets in Egypt.

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London: Risk advisory

Regulatory investigations and corporate crime
Regulatory investigations and corporate crime - ranked: tier 1

Peters & Peters Solicitors LLP

Peters & Peters Solicitors LLP advises both businesses and individuals on corporate and white collar crime and investigations work, taking the lead on allegations of fraud, corruption, money-laundering, sanctions, mutual legal assistance and data protection matters. It also helps companies bring private prosecutions and has been seeing increasing instructions relating to financial crime compliance issues. Head of team Michael O’Kane specialises in cases of corruption, cartels, sanctions and extradition. Jasvinder Nakhwal handles investigations brought by the SFO, the police,the  Competition and Markets Authority and also foreign prosecuting authorities. Maria Cronin was promoted to partner and Peter Fitzgerald was promoted to of counsel. Leading fraud lawyer  Monty Raphael QC retired and is now a special counsel to the firm.

Practice head(s):Michael O’Kane

Other key lawyers:Jasvinder Nakhwal; Maria Cronin; Peter Fitzgerald; Anna Bradshaw; Nick Vamos; Hannah Laming 

Key Clients

MOL Hungarian Oil and Gas Company

Bunnvale Limited and TICOM Management LLC

Khadem Al Qubaisi and related companies

US card processing company

Scan Thors

Cunico Resources N.V.

Work highlights

  • Acted for the Hungarian national oil and gas company, which in 2009 entered into two agreements with the Republic of Croatia concerning the management of the Croatian national oil and gas company, INA. Croatia subsequently alleged that the agreements had been procured as the result of a bribe offered to its then Prime Minister.
  • Secured the release of $12m for two Russian trading firms following a ground-breaking judicial review against the City of London Police (‘COLP’).
  • Lead counsel in a global investigation concerning allegations of corruption by high-level government figures in Malaysia and Abu Dhabi.
  • Successfully acted for a US corporate, the beneficial owner of funds which are subject to what is believed to be the largest cash seizure ever to take place in the UK – in excess of $30m held as banker’s drafts.
  • Representing a UK corporate and its director in relation to allegations of terrorist financing in the UAE.
Leading individuals

Hannah Laming  - Peters & Peters Solicitors LLP

Jasvinder Nakhwal - Peters & Peters Solicitors LLP

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Legal Developments in the UK

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Court of Justice rules on source of income for Derivative Residence applications

    On 2 October 2019, the Court of Justice delivered its judgment in Bajratari v Secretary of State for the Home Department (Directive 2004/38/EC) Case C-93/18 which concerns Chen applications and the source of funds for self-sufficiency. 
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  • Multiple nationality and multiple citizenship (including dual nationality and dual citizenship)

    British nationality law permits multiple nationality and multiple citizenship, including dual nationality and dual citizenship.
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  • Rights of appeal after the Immigration Act 2014

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