Cyprus, BVI, Jersey, Hong Kong

CHALLENGE

Following the collapse of a joint venture, one party systematically dissipated partnership assets through a series of rapid transfers across four jurisdictions using layered SPV structures. The instructing law firm required urgent forensic support and cross-jurisdictional freezing coordination.

METHODOLOGY

Praetorian deployed forensic tracing across all four jurisdictions simultaneously, mapping capital flows through 23 corporate entities in real time. The firm prepared evidential packages for freezing applications in each jurisdiction and coordinated with local counsel to ensure simultaneous filing, preventing the respondent from moving assets ahead of each successive order.

OUTCOME

Simultaneous freezing orders obtained in all four jurisdictions within 21 days. USD 290m in assets preserved. Full recovery proceedings initiated by instructing counsel.