Barry Stancombe
UK Bar Guide 2024
Band 1 : POCA Work & Asset Forfeiture
Email address
[email protected]Contact number
020 7440 9950Share profile
Band 1
About
Provided by Barry Stancombe
Practice Areas
Specialist in asset forfeiture and proceeds of crime particularly in the areas of restraint, restraint versus insolvency, receivership, confiscation, civil recovery, commercial fraud and money laundering. Advises corporations, trusts, banks, IPs, Special Administrators private individuals on these areas of law. Practice also encompasses the complementary areas of commercial litigation, civil fraud and insolvency. Acts for defendants in substantial fraud and confiscation proceedings, as well as third parties asserting their legal and beneficial rights. Regularly instructed by IPs where there is a conflict between restraint and insolvency and on behalf of court appointed management and enforcement receivers. Acted in most of the leading reported receivership cases. Obtained the SFO’s first Property Freezing Order and its first Account Forfeiture Order. Recent cases include acting for: Court appointed Special Administrators; the Official Receiver/Liquidator of various companies to recover insolvency costs in POCA restraint proceedings; the Official Receiver and Enforcement Receiver in the case of Gopee in the recovery of assets; acting for Liquidators of companies to recover cash seizures/company assets; Recent High Court actions have included: acting for the defendant company and director in an alleged pension fraud; resisting freezing orders in an alleged fraud; discharging a freezing order against a defendant in an IP claim brought by Microsoft; and acting for a former company director in alleged £multi-million VAT fraud.
Career
Call: 1983. SFO A Panel (POCA)
Professional Memberships
POCLA; R3; LCLCBA; Association of Fraud Lawyers.