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90 CHANCERY LANE, LONDON, WC2A 1EU, ENGLAND
Tel:
Work 020 7831 2691
Fax:
Fax 020 7404 9435
Email:
Web:
www.pcblitigation.com

Anthony Riem

Tel:
Work 020 7831 2691
Email:
Web:
www.pcblitigation.com
PCB Litigation LLP

Work Department

Fraud and commercial litigation.

Position

Anthony is a partner and a recognised expert on international asset investigation and recovery and international dispute resolution. He acts for a number of leading financial institutions and corporates across a range of industry sectors including banking, natural resources, and hedge funds. Recent cases have involved unwinding complex corporate structures and corporate transactions to identify fraudsters and recover assets, challenging the use of insolvency laws to protect debtors from offshore creditors, dealing with allegations of commercial blackmail, diversion of corporate opportunities, theft of assets, breaches of directors’ duties and transactions at an undervalue. He also has experience in dealing with antiques fraud, money-laundering, and bribery and corruption. Anthony regularly obtains disclosure and freezing orders in England and abroad which often involves the management and co-ordination of proceedings in several jurisdictions at any one time. He has a particular expertise in executing and supervising search orders. Anthony has also defended a number of clients alleged to be involved in international fraud and corruption obtaining the discharge of freezing and restraint orders. A number of his cases have been high profile and ground-breaking both in England and abroad and reported in the legal press.

Career

Trained Woodham Smith; qualified 1990; Philippsohn Crawfords Berwald 1990-2001; partner 1996; partner Russell Jones and Walker 2001-04 (now Slater & Gordon (UK) LLP); partner PCB Litigation LLP 2005 to date. He has presented many papers on commercial fraud and international asset recovery and is asked for comment by both national and international media.

Member

Chairman of the Commercial Fraud Lawyers Association, Law Society (civil litigation committee on civil fraud); Fraud Advisory Panel; British Russian Law Association; British Kazakh Law Association; Russian European Chamber of Commerce. He is also the appointed observer to the Board of the Trust Market Advisory Council.

Education

Highgate School, London; Leicester University (1985 LLB); College of Law (1986 LSF).

Leisure

Born 1964; resides St Albans.


London: Crime, fraud and licensing

Fraud: civil

Within: Leading individuals

Anthony Riem - PCB Litigation LLP

Within: Fraud: civil

Leading firmPCB Litigation LLP offers ‘unrivalled boutique expertise in the field of fraud’. It is adept at handling fraud and asset recovery work and implementing multi-jurisdictional asset recovery strategies. It also deals with search orders, disclosure orders, appointments of interim receivers, orders for cross-examination and committal for contempt. Recent work includes acting for Bank of Moscow against a Russian judgment debtor and his wife in a case worth £200m. Other clients include BMW, TPG Capital, VTB and KMG international. Steven Philippsohn heads the team, he is ‘a lateral thinker extraordinaire’ and ‘can see brilliant points outside the box’. Anthony Riem has ‘a marvellous rapport with clients’, Trevor Mascarenhas ‘stands out as a leading partner in this field’ and ‘knows all the ins and outs of civil fraud dispute resolution in commercial litigation and in arbitration’. Jon Felce was promoted to partner and is ‘a calm and collected presence and the breadth of his legal writing demonstrates that he has a genuine enthusiasm for the law’.

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London: Dispute resolution

Banking litigation: investment and retail

Within: Banking litigation: investment and retail

PCB Litigation LLP acts both for and against banks in substantial litigation, including high-profile work for Russian and CIS banks. The team acted for two of eight defendants, who had proceedings commenced against them by Commerzbank and two others seeking declaratory relief in connection with claims surrounding a structured investment instrument issued by Commerzbank, which involved fixed rate bonds, an unsecured loan note and a swaps agreement; the defendants’ counterclaim is based on claims for unlawful conspiracy, deceit, dishonest assistance, negligence and breach of fiduciary duty. Anthony Riem is 'very experienced'; Trevor Mascarenhas is' assured and extremely bright'; Steven Philippsohn is 'a lateral thinker extraordinaire, who can see brilliant points outside the box'; and Nick Ractliff and recently promoted partner Jon Felce are 'dedicated and thorough'.

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Commercial litigation

Within: Commercial litigation

PCB Litigation LLP is 'a solid niche player for commercial litigation as well as its best-known area of civil fraud'. It acted for TPG Capital in a case about whether the taking of funds out of a company (Hellas II) can subsequently be challenged; the matter also recently involved the team leading on a successful application for security for costs against litigation funders. Anthony Riem 'inspires confidence through his down-to-earth interaction with clients, extensive commercial law knowledge, experience of court procedures and clarity of advice'; Trevor Mascarenhas is 'first-class lawyer and tactician'; and Steven Philippsohn is 'a vastly experienced litigator'.

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Legal Developments by:
PCB Litigation LLP

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