Urmi Ahmed

Experience

Urmi is appointed as counsel in the firm’s British Virgin Islands office strengthening our expertise in the Caribbean. She qualified as a Solicitor Advocate in England and practiced at leading global offshore law firms in the BVI and the Cayman islands prior to joining Baker and Partners.

 Urmi’s practice includes advising on high stakes corporate insolvencies and cross border commercial disputes with a particular focus on civil fraud, shareholder disputes and contentious trusts. She has advised on cases involving, fraud, corruption and embezzlement arising from high-profile fraudulent schemes such as those operated by Bernie Madoff and by Saudi conglomerate, AHAB & the Saad group.

Her experience encompasses the broad range of disputes that frequently arise in the British Virgin Islands including disputes relating to the beneficial ownership of corporate entities and trusts, claims relating to misappropriation of assets, conspiracy and bribery, recognition and enforcement of foreign arbitration awards, liquidations, and jurisdiction challenges. She has extensive experience in strategizing international asset tracing and recovery mechanisms including interim relief applications, such as freezing injunctions, provisional liquidations, receiverships, and third-party disclosure orders.

Work Highlights

• Acting for members in a just and equitable liquidation in which the company’s assets of more than US$150 million were misappropriated by its directors
• Acting for a company in a breach of directors’ duties claim and unlawful means conspiracy brought by its liquidators against the former directors
• Advising in relation to claims arising from the discovery of a Ponzi scheme by which more than a hundred banks had been defrauded leading to unauthorized debt of US$6 billion
• Advising the joint official liquidators in the liquidation of US$1.1 billion hedge fund including various claims arising from fraudulent schemes
• Acting for a company in respect of its claims associated with an international bribery scheme
• Advising provisional liquidators in relation to a US$4 billion restructuring by way of four inter-related schemes of arrangement
• Advising on the recognition and enforcement of numerous high value foreign judgments and arbitral awards from the world’s leading arbitration jurisdictions
• Acting on behalf of various companies in share valuation disputes arising from the privatization of high-profile NYSE listed Chinese companies
• Acting for a corporate trustee in relation to the trustee’s application for directions to determine the ultimate beneficiary of the trust
• Advising trustees to obtain injunctive relief against a purported protector of a trust to prevent removal of the trustees