Scandalous revelations of suspicious financial activity exposed by the Panama Papers have toppled political leaders, induced regulatory reforms and prompted greater cooperation from Panama itself towards international efforts to combat tax evasion.
El peruano Vladimiro Montecinos, el chileno Alberto Chang y el matrimo‐ nio filipino de Imelda y Ferdinando Marcos tienen algo en común: ocultaron en el extranjero los bienes que obtuvieron mediante fraudes. Si bien la recuperación transnacional de activos es un área de práctica legal muy extendida en el mundo, es muy poco conocida en Chile.
Former Banco Santos president Edemar Cid Ferreira once covered the walls of his São Paulo home with Man Ray photographs, Louise Bourgeois prints and paintings by Jean-Michel Basquiat, Francis Picabia and others. But when Brazilian authorities arrested Mr. Ferreira in 2006 for an alleged $1 billion money-laundering scheme, the walls were bare.
The United States has seized and returned 95 artworks valued in the tens of millions of dollars that once belonged to the disgraced Brazilian banker Edemar Cid Ferreira.
Shareholders Edward Davis and Gregory Grossman launched boutique Sequor Law in April, in what was effectively a rebrand of Miami firm Astigarraga Davis’ cross- border insolvency, international asset recovery and financial fraud team.
Sequor Law to focus on representing clients internationally in asset recovery, financial fraud, cross-border insolvency and financial services litigation. Sequor Law’s attorneys include all members of the Astigarraga Davis Top-Ranked Asset Recovery team.