Civil Fraud
LK investigates large-scale private and corporate misconduct and asset diversion as well as act for victims of digital asset fraud and misappropriation, working across jurisdictions to trace transactions, secure evidence and recover misappropriated funds.
With forensic technology, financial expertise and experienced litigators, we uncover sophisticated criminal schemes, identify the perpetrators and secure the return of misappropriated assets through civil claims and working with law enforcement. We act for family businesses, companies, liquidators and investors seeking clarity, accountability and recovery.
Experience
Al Gosaibi Family & Group (AHAB)
Advised and represented AHAB, a family-owned Saudi business conglomerate, in its multi-billion-dollar civil fraud dispute with Maan Al Sanea and the Saad Group. The firm defended and settled claims brought by more than 100 banks worldwide and pursued proceedings against the Saad Group in the Cayman Islands.
Adelaide Brighton Cement Limited
Represented Adelaide Brighton Cement Limited and Adelaide Brighton Limited in the investigation of an employee’s fraud. LK led the subsequent recovery proceedings against the impugned customer and employee, resulting in recoveries of more than $8 million. LK also liaised with SA Police and its Serious and Organized Financial Crime Investigation in connection with related criminal proceedings.
Public Institute for Social Security (Kuwait) v Mombelli
Represented multiple defendants in an international fraud claim valued at approximately US$874 million brought in the UK Commercial Court by Kuwait’s public social security and pension authority.
3D Gold Jewellery Holdings
Represented the liquidators of 3D-Gold Jewellery Holdings in audit negligence proceedings in Hong Kong against a Big Four accounting firm.
Contempt Proceedings
Represented a defendant in a UK High Court fraud claim, preparing detailed witness evidence and submissions that led to the successful adjournment of contempt proceedings until after trial and a significant narrowing of the contempt allegations.
Recovery of Digital Assets
Represented a Mexican high net worth individual in English proceedings concerning the recovery of misappropriated digital assets.
Enerven Infrastructure v Cocchiaro & Others
Representing the applicants in multi-party Federal Court (South Australia) proceedings seeking urgent injunctive relief and search orders to recover confidential information allegedly misappropriated by former employees, and pursuing claims for breach of equitable, statutory and contractual obligations.
Key Contacts
Spotlight
Al Gosaibi Family & Group (AHAB)
LK has advised the Al Gosaibi family and group of companies for more than a decade, guiding them through one of the most significant civil fraud disputes in modern financial history. The case followed the collapse of the Saad Group and a multi-billion-dollar fraud by its founder, Maan Al Sanea, which left AHAB owing over US$9.2 billion to more than 100 banks around the world.
We led AHAB’s defence and settlement of those claims across multiple jurisdictions, including proceedings in the Commercial Court in London, and complex litigation in the Cayman Islands. Our team coordinated international counsel, managed appeals before the Cayman Islands Court of Appeal, and oversaw negotiations that shaped the global resolution strategy.
Recently, we advised on the first court-approved scheme of arrangement ever undertaken in Saudi Arabia. It continues to enable payments to creditors supports continuing recoveries. This was a landmark outcome in a case that redefined cross-border insolvency and fraud recovery practice.
Small but effective. This outstanding team vies competitively with the best litigation firms in London, and it excels at cases involving asset recovery, nationally and internationally.
Legal 500