International Asset Tracing / Kingsmen International Group

But just what is asset tracing?

Consider this. Your business partner has suddenly emptied the company business account and absconded abroad.

Checking back, you find he has also been steadily leeching company profits over the past two years and has now left you penniless.

He is tracked down and arrested by Interpol but announces he has no money.

What do you do?

Believe him or start trying to trace his assets?

You are contesting a divorce settlement and suspect your former partner is concealing funds and property from your lawyers.

The settlement offered is derisory and will not support you and the children in your custody. What do you do?

Take it all on trust and suffer or check out if your partner has more assets than you thought?

Assets are everything owned by a business or an individual.

They can be many things: real estate, stocks and shares, possessions, undeclared bank accounts, intellectual property rights, company assets (eg property, plant and equipment), vehicles, livestock, yachts and, of course, money.

Anything that is or can be converted into cash.

Yet to benefit from hidden assets, you first have to check if they exist and can be found. Otherwise you could be incurring expensive legal fees and unnecessary litigation costs.

Asset tracing, put simply, is the identification of property or valuables that clients want to recover through the courts or by negotiated settlement.

Kingsmen International Group is a recognized leader in handling complex international insolvencies and in tracing and recovering assets.

Clients rely on, and benefit from, our extensive experience to strategically maximize their positions in complex civil and criminal disputes.

Our attorneys represent multinationals, sovereign states, global organizations, and private investors, advocating for client interests in virtually every country in the world.

We are bankruptcy and insolvency practitioners, international litigators, former prosecutors, and tax lawyers with significant experience investigating and detangling complex asset protection schemes in the context of cross-border litigation, including piercing sophisticated offshore trusts and structures, negotiating discovery across varying privacy regimes, and assisting clients in navigating potential resulting liabilities.

Our experience also includes the implementation and use of multilateral cooperation agreements, international conventions, tax treaties, and myriad discovery devices.

Kingsmen International Group have extensive knowledge of varying confidentiality and banking secrecy laws around the world, including experience with the Convention on Mutual Administrative Assistance in Tax Matters, tax treaties, and tax information exchange agreements (TIEA), which provide states with powerful new means to gather evidence of financial wrongdoing.

Kingsmen International Group team includes lawyers experience in the operational and policy aspects of international asset recovery and forfeiture, money laundering investigations, fraud investigations, and bribery and corruption matters.

We have assisted clients in resolving international disputes that might require government assistance.

Kingsmen International Group traced funds through scores of countries, including Kuwait, Monaco, Panama, Singapore, South Korea, Taiwan, the Netherlands, and the United Arab Emirates, France, Liechtenstein, Luxembourg, Austria, the United Kingdom, Spain, Gibraltar, and Israel. We are also working to recover customer funds throughout the Caribbean, from the British Virgin Islands to Bermuda and the Cayman Islands.

We have conducted a forensic investigation of tremendous scope, engaged and instructed local counsel, brought multiple legal actions in international courts and tribunals, and cooperated with local law and regulatory enforcement bodies around the globe.

The complexity only grows when the work spans more than 30 international jurisdictions, each with its own unique legal system and financial regulations.

Adding to the challenge is the evolution of the various jurisdictions’ legal systems, as recovery-related litigation reaches the nations’ highest courts and creates precedent that affects existing proceedings.

To contact Kingsmen International Group tracing specialist, call - 240 391-8512 or use the secure contact form www.kingsmen-grp.com page.