Karl S.Moussalli

Associate

London + 44.20.7039.5670 Dubai + 971.4.709.8422

As an English and French qualified lawyer with an M.B.A., Karl Moussalli is ideally placed to advise on legal and commercial issues facing clients in civil and common law countries. Karl's practice focuses on complex international litigation and arbitration with a particular emphasis on multijurisdictional investigations involving major fraud, asset tracing, and public corruption allegations. The Legal 500 describes him as a "key lawyer" in civil fraud who is "solution-oriented" and provides "excellent and pragmatic advice."

Karl's recent experience includes acting for Alta Trading UK Limited, a regulated oil trading company, in connection with ongoing fraud proceedings in excess of US$350m against its former directors; ultra-high-net-worth individuals (UHNWIs) in connection with criminal investigations and potential criminal and civil claims straddling 10 different jurisdictions relating to an alleged fraud of more than US$1bn; a major corporation in relation to a high-profile dispute arising from the allegedly corrupt sale of a lucrative oil exploration block in Nigeria triggering civil and criminal investigations and proceedings across six jurisdictions; a regulated oil trading company in ongoing fraud proceedings brought by it in Switzerland against members of its former management team; the Bin Mahfouz Family on its US$50m asset tracing investigation, securing worldwide freezing orders (WFOs), search orders, and asset disclosure orders as part of successful civil proceedings against Muhaned El-Rashid; a prominent Saudi UHNWI on allegations of fraud and WFOs secured against him in the United Kingdom; and an EPC (engineering procurement construction) company on a multijurisdictional contractual dispute involving Dubai International Financial Centre/London Court of International Arbitration (DIFC/LCIA) arbitration proceedings worth in excess of US$1bn.

Experience

  • Arcadia Petroleum pursues fraud proceedings against former directorsJones Day represents Arcadia Petroleum Limited, a regulated crude oil trading company based in London (and other companies of its corporate group), in connection with ongoing High Court fraud proceedings brought by the Arcadia Group against a number of its former directors and associated companies.
  • Clients seek advice in connection with criminal investigation and potential criminal and civil claims relating to alleged fraud of over US$1 billionJones Day is advising clients in connection with a criminal investigation and potential criminal and civil claims relating to an alleged fraud of over US$1 billion.
  • Company defends multijurisdictional dispute relating to sale of oil exploration block in NigeriaJones Day is representing a client in relation to a high profile and high value multi-jurisdictional dispute regarding the allegedly corrupt sale of a very lucrative oil exploration block in Nigeria.
  • BHS insolvency officeholders seek advice relating to investigations arising from company's collapseJones Day is acting for Geoff Rowley and Tony Wright as the insolvency officeholders of UK high street retailer, British Homes Stores ("BHS"), on investigations into the causes of the company's collapse and pursuing avenues of recovery for creditors.
  • Crude oil trading company brings fraud action in Switzerland against former directorsJones Day represents a regulated crude oil trading company in connection with ongoing fraud proceedings brought by it in Switzerland against a number of its former directors.
  • Sheikh Abdulrahman Khalid bin Mahfouz secures committal order in culmination of €35 million asset tracing litigationJones Day successfully represented Sheikh Abdulrahman Khalid bin Mahfouz and his family in proceedings against Mr. Muhaned Farid Mahmoud El-Rashid.
  • Pharmaceutical company seeks advice relating to internal multijurisdictional investigationJones Day advises a leading regulated pharmaceutical company in connection with an internal multi-jurisdictional investigation into the adequacy of the company's corporate culture, whistle-blowing mechanisms, and regulatory reporting procedures, which included examination of the company's SOPs and the successful carrying out of all relevant interviews remotely due to COVID-19.
  • Middle Eastern retail and real estate group in dispute with landlord seeks advice concerning major shopping center in Beirut, LebanonJones Day represents a large Middle Eastern based retail and real estate group in connection with a dispute relating to an English law governed leasehold agreement for a major shopping center in Beirut, Lebanon.
  • Joint administrators of Angelic Interiors seek insolvency advice relating to Triangle Site assetsJones Day acted for the joint administrators of Angelic Interiors Limited (in administration) in relation to a number of applications made under the Insolvency Act 1986.
  • Angel Group liquidators succeed in claims worth over £10m against former director and sole shareholderJones Day acted for the joint liquidators of the Angel Group in respect of claims worth over £10 million for breach of trust and fiduciary duties against Julia Davey (the former director and sole shareholder of the Angel Group).
  • Greystar purchases GSK and bakery site and forms joint venture with global real estate companyJones Day represented Greystar Real Estate Partners, LLC in its purchase of former GSK and bakery site (Future PRS), and the formation of a joint venture with a global real estate company.
  • Ted Baker amends and restates existing revolving credit facilityJones Day represented Ted Baker plc, a UK fashion retailer, in connection with the amendment and restatement of an existing revolving credit facility.