Failed Investment Schemes
The team at Enyo Law has a wealth of experience assisting individuals who have had the misfortune to invest in a range of failed tax mitigation and other investment scheme products/vehicles.
The economic downturn, coupled with incompetence and fraud on the part of those promoting and advising the public in relation to such products, have caused billions of pounds worth of investments to be lost over recent years.
The team at Enyo has acted, and continues to act, for various groups of individual investors, and other entities, pursuing claims worth up to several hundred million pounds against a variety of professional entities and individuals, including solicitors, auditors, financial advisers, accountants, surveyors and financial institutions. The claims have involved a range of causes of action, including in fraud, negligence, breach of contract, and breach of fiduciary and trust duties, as well as a multitude of issues and applications including, for example, in relation to disclosure, jurisdiction, limitation and quantum.
Our involvement includes: assisting fledgling action groups to communicate with the relevant investor base and establish a properly organised, authorised and coordinated body; conducting a detailed analysis of the investors' legal position and potential routes of redress; investigating and arranging litigation funding and legal expenses insurance; as well as assisting all the way through to the commencement and conduct of legal proceedings in the High Court and Appellate Courts.
We also have experience acting in claims giving rise to cross-jurisdictional issues, necessitating close working relationships with overseas lawyers.
As well as pursuing matters in Court to trial and appeal, we have assisted many investors to negotiate settlements of their claims, and have experience dealing with HMRC and the FCA, including helping investors to pursue claims and recover compensation through the FOS and FSCS.