Session details

IBA Latin American Anti-Corruption Enforcement and Compliance Conference

6 Nov - 7 Nov 2017

Hilton São Paulo Morumbi Hotel

Session information

Breakout session 3 - Civil and insolvency asset recovery tools: a complement to criminal proceedings
Hilton São Paulo Morumbi Hotel


Anti-Corruption Committee (Lead)
Criminal Law Section (Lead)
Legal Practice Division (Lead)
Latin American Regional Forum
Public and Professional Interest Division
Regional Fora


There is more to international asset recovery than recovering stolen assets through criminal and mutual assistance proceedings. In most cases, such recoveries only represent a fraction of the diverted public funds, and even a smaller fraction of the damage incurred, after years of proceedings, unless the assets are voluntarily repatriated in the context of a structured criminal settlement. This session will present the civil remedies available to states and stateowned enterprises for obtaining compensation from corruption, in coordination with criminal proceedings, and will focus on the use of cross-border insolvency proceedings (a joint World Bank/IBA publication on the topic will be launched at the conference). Co-Moderators Stephen Baker, Baker & Partners, Jersey; Senior Vice-Chair, Asset Recovery Subcommittee, IBA Anti-Corruption Committee Yves Klein, Monfrini Bitton Klein, Geneva; Chair, Asset Recovery Subcommittee, IBA Anti-Corruption Committee Speakers Angela Barkhouse, Kalo Advisors, British Virgin Islands Jean-Pierre Brun, Finance & Markets Global Practice, World Bank Group, Washington, DC Edward H Davis Jr, Sequor Law, Miami; North America Regional Officer, IBA Anti-Corruption Committee Martin S Kenney, Martin Kenney & Co Solicitors, British Virgin Islands Eronides Aparecido Rodrigues dos Santos, Prosecutor, Public Prosecutor’s Office, São Paulo


Angela Barkhouse Kalo, Tortola, British Virgin Islands