Karl S.Moussalli

Associate

London + 44.20.7039.5670

As an English and French qualified lawyer, Karl Moussalli is ideally placed to advise clients in civil and common law countries. Karl's practice focuses on complex international litigation and arbitration with an emphasis on multijurisdictional disputes and investigations involving major fraud and corruption allegations as well as enforcement and asset recovery strategies. The Legal 500 describes him as a key lawyer in "civil fraud" as well as "investigations/corporate crimes" who provides "excellent and pragmatic advice" and is "without any doubt, a rising star in his field."

Karl's recent experience includes representing a telecoms operator in complex proceedings across dozens of jurisdictions involving serious allegations of fraud, corruption, and illegal expropriation and advising on a global enforcement strategy relating to the connected high-value awards and judgments; an oil trading company in connection with civil fraud proceedings worth US$350 million against its former directors; ultra-high-net-worth individuals (UHNWIs) in connection with criminal investigations and criminal and civil claims straddling 10 jurisdictions relating to an alleged billion-dollar fraud; 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 proceedings across six jurisdictions; the Bin Mahfouz Family on its US$50 million 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 construction company on a multijurisdictional dispute involving arbitration proceedings worth in excess of US$1 billion.

Experience

  • Telecommunications company defends ICC and LAMC arbitrations relating to Middle Eastern shareholder disputesJones Day is representing a telecommunications company in several parallel ICC and LAMC arbitration proceedings relating to shareholder disputes connected with the ownership of an affiliated company in the Middle East, as well as ICSID arbitration related to the expropriation of an investment.
  • 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.
  • Telecommunications company arbitrates shareholder disputes relating to ownership of affiliated companyJones Day has represented a telecommunications company in several arbitration proceedings relating to shareholder disputes connected with the ownership of an affiliated company in the Middle East.
  • 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).
  • Macquarie agrees to acquire Suez Recycling and Recovery UK Group for approximately €2.4 billionJones Day advised Macquarie Asset Management in the execution of a put option agreement to acquire 100% of the shares of Suez Recycling and Recovery UK Group for €2.4 billion.
  • 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.