Transportation Related Fraud and Bankruptcy
The transportation industry is unfortunately a frequent target and victim of commercial fraud perpetrated by a few corrupt shippers, consignees, customers, vendors, and criminals. Our attorneys have considerable experience investigating how the fraud was carried out, and tracing assets to find out where the perpetrator eventually placed the funds at issue.
Bankruptcy petitions are frequently filed by perpetrators as a procedural impediment intended to discourage further pursuit by creditors; however, fraudulent transfers are given special treatment by the U.S. Bankruptcy Code, and such strategic impediments if dealt with correctly“ become merely speed bumps in the pursuit of assets.
Our experience in pursuing frauds has lead us to discovery hidden assets in the most unusual places, from a ranch in Texas, to an assortment of trust accounts, to a fleet of specially equipped tankers. Such discoveries ultimately lead to recoveries for our clients.