Asset Tracing and Recovery

As one of the leading and most experienced practices in Ukraine in the fields of asset tracing, international financial investigations, debt recovery, and creditor representation in cross-border disputes, Ilyashev & Partners has extensive experience in asset tracing, international financial investigations, debt recovery, and creditor representation. The firm handles complex projects involving the identification, freezing, recovery, and protection of assets across multiple jurisdictions, representing international corporations, banks, private investors, state-owned enterprises, and high-net-worth individuals.

The team has extensive experience conducting independent financial investigations, analyzing corporate structures, identifying ultimate beneficial owners of assets, uncovering concealed property, and documenting fraudulent schemes involving asset diversion, corporate fraud, unlawful asset transfers, and court judgment evasion. The practice regularly advises on international fraud matters, failed investments, shareholder disputes, insolvency, sanctions-related restrictions, and cross-border asset recovery.

To implement international recovery strategies, the firm works closely with a network of partner law firms, financial consultants, private investigators, and advisers in more than 80 jurisdictions worldwide. We have a proven track record of coordinating multijurisdictional asset recovery strategies in Ukraine, the United Kingdom, the United States, Cyprus, Switzerland, Austria, the Netherlands, Israel, and other jurisdictions, as well as in international arbitrations.

A key strength of the practice is the combination of litigation, criminal law, international law, and financial investigation expertise. This enables the firm to support clients throughout the entire asset recovery process – from investigations and asset tracing to obtaining freezing orders and interim relief, initiating criminal proceedings, coordinating with law enforcement authorities, and enforcing judgments and arbitral awards.

The practice is actively involved in matters concerning the recovery of assets lost through fraud, corporate disputes, misconduct by company management, insolvency, breaches of fiduciary duties, sanctions-related restrictions, and war-related risks. The team also advises clients on asset protection strategies, risk mitigation, international asset-holding structures, and enforcement mechanisms for debt recovery.