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