TRADE FINANCE DEFAULT
Vantage was retained by an international trade finance institution to assist in enforcing a judgment against a debtor who defaulted on a multimillion dollar commodity trading loan. Vantage found that the debtor had shifted assets in a variety of jurisdictions into the names of close relatives, making it nearly impossible to enforce against those assets.
As a result, we worked with the client to successfully implement a negotiation strategy in support of a settlement, relying on intelligence identified during the course of the investigation about the debtor’s indirectly-held assets.
Vantage was retained to investigate a competitor who our client believed engaged in illegal commercial activities in order to gain an unfair market edge.
During the course of its investigation, Vantage was able to prove that, inter alia, the competitor engaged in a series of secret transactions in violation of international sanctions with the involvement of a Western-based publicly traded industrial holding.
FRAUDULENT INSURANCE CLAIM
Vantage was retained to investigate a failed professional services firm whose owners sought multi-million dollar insurance cover on fraudulent grounds. In support of the legal defense that the insurance claims were fraudulent.
Vantage was able to demonstrate that, in fact, the commercial activities of the firm in question were themselves fraudulent.
This allowed the client to strengthen its position and not only deny coverage but also seek damages.
INTERNAL CORPORATE INVESTIGATION
Vantage was retained by an international industrial holding to investigate a senior executive in one of its national offices suspected of engaging in fraudulent transactions with counter-parties in which he secretly held a financial interest.
Vantage confirmed the client’s suspicions and was also able to demonstrate that the senior executive in question engineered the dismissal of other senior staff who were suspicious of the transactions in order to prevent them from further discovering and exposing the fraud.
Our findings allowed the client to successfully pursue legal claims against the former executive and recover damages caused by his actions.