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What the team is known for Stephenson Harwood is instructed on some of the largest asset recovery cases in international law, as one source says: "They quarterback some of the biggest mandates around." The firm is known for its competence in handling disputes, particularly those originating from Russia, the CIS, Africa and India. The London-headquartered firm was one of the first to recognise that the specific demands of asset recovery requires a specialist team, and staffed accordingly.
Strengths"They're a very big litigation and asset tracing focused firm. I know they do other things but they're very much focused on litigation and insolvency - it shows."
"Stephenson Harwood have really been able to point us in the right direction and propose solutions in international asset tracing matters that I couldn't have otherwise known existed."
Work highlights Continued to act for the former shareholders of Yukos Oil company on their enforcement action in England in relation to a USD54 billion arbitration award against the Russian Federation.
Ros Prince is considered to be an "expert" and to have "made her name" in fraud and asset recovery work pertaining to Russia and the CIS region. She has particular expertise in obtaining, defending and issuing search orders, disclosures and injunctions. Her clients are often corporations, directors, governments, insolvency practitioners and high net worth individuals. "Ros is a leading light of asset tracing in London," says one client. "She's a doyenne of fraud generally," adds a barrister; "it's fair to say she's one of the most well-known names in the market. She's hard as nails, a very good lawyer and a strategist."