July 1, 2016
Publication: Trusts and Trustees
In an article published in the July 2016 issue of Trusts and Trustees, Government Enforcement Defense lawyers Robert Henoch and Benjamin Sauter explore the U.S. government’s recent use of civil asset forfeiture actions in its offshore enforcement strategy. The lawyers discuss how civil asset forfeiture actions are a far-reaching option sometimes exercised by U.S. regulators looking to seize property — including property located overseas — linked to or derived from alleged tax-related offenses. Drawing on their experience in cross-border enforcement matters, the lawyers provide advice on how non-U.S. foundations and other fiduciary structures should be aware of the civil asset forfeiture laws in the United States and should plan accordingly.
To access the article, “Innocent Foundations Beware: the US Government’s Far-Reaching Power of Civil Asset Forfeiture, and What Innocent Foundations and Other Fiduciaries Need to Know to Prepare,” please email inquiries@kobrekim.com.