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US prosecutor to seek indictments against asset recovery attorney and litigation funder

After both defendants failed to show up for a hearing two weeks ago on why they should not be held in criminal contempt, the U. S. Department of Justice intends to seek criminal indictments against an asset recovery attorney in the BVI and a litigation funder in Ireland. It would elevate the alleged offense from a misdemeanor to a felony and would seemingly increase the risk of extradition proceedings being initiated, although one defendant said he was confident no extradition attempt would be made and would fail if it was.