Prashan PatelPartner at Grant Thornton (UK)Speaker
Profile
I am a Partner in Grant Thornton’s Insolvency & Asset Recovery business. I specialise in global asset tracing, recovery, and enforcement, where I use insolvency and civil procedures as powerful tools to recover hidden and misappropriated assets to maximise financial recoveries for stakeholders.
My work typically involves multiple onshore/offshore insolvency appointments – liquidations, bankruptcies, and receiverships – where I coordinate enforcement and asset recovery strategy across multiple jurisdictions, including India, the Middle East, the UK, Asia, the Caribbean, Europe, the Offshore Financial Centres, and the US.
I have extensive experience working with Middle Eastern financial institutions, corporates, and lawyers, in enforcing non-performing loans, judgments, and arbitration awards. I often act on a contingent basis where I share the costs and rewards of recovery and advise the Asset Recovery Fund which can provide funding or outright purchase these types of non-performing assets. I have led and completed a number of Middle Eastern transactions to date.