LUBRINCO Group to Attend IAAR Conference and Discusses Helping Identify and Locate Financial and Intellectual Property and Critical Information Assets
Intangible Assets, once overlooked or ignored, now represent critically significant value in most organizations. Now these intangible assets, along with monetary assets are coming to the forefront in Asset Location and Recovery cases.
New York, NY, November 03, 2009 --(PR.com)-- The LUBRINCO Group, Ltd., Inc. (LUBRINCO), a premier international investigative, consulting and risk management firm, will be attending and exhibiting at the International Association for Asset Recovery Conference on November 9-10, at the MGM Grand, Las Vegas, NV. The LUBRINCO Group will be attending as a program sponsor.
The International Association for Asset Recovery (IAAR) is a membership organization of professionals who work to recover assets derived from illegal activity or withheld from their rightful owners.
"Asset Location and Recovery is a critical component of the financial investigation process," according to L. Burke Files, vice president and senior practice leader of The LUBRINCO Group.
“All assets are not necessarily found hidden away in bank accounts in some exotic offshore destination. Intellectual Property and Critical Information (or IPCI for short), represents nearly 80% of the value of companies listed today on the S&P 500. In 1975, IPCI assets represented only 16% of the value of companies then listed in the S & P 500. Arguably, this is the most important asset of both today and tomorrow, and as such, must be better protected,” Files added.
Commenting on attending the IAAR Conference, Shaun Hassett, vice president, business development , The LUBRINCO Group stated: "In an average year, we are involved in efforts to locate for seizure more than $600 million in concealed or laundered assets. We are looking forward to attending this event, to network with peers in this arena."
Participation in this event will precede Mr. Files' scheduled participation in the upcoming East-West Security Summit in Brussels, December 15-16, where he will teach on these same subjects. This also follows the recent publication of an article by Mr. Files in the current edition of The Journal of Corporate Treasury Management on “Treasury’s Role as the Custodian of Value for Intellectual Property and Critical Information.” A copy of the article is available at: http://www.lubrinco.com/articles/pp298-311_Lubrinco.pdf
About The LUBRINCO Group
The LUBRINCO Group (www.lubrinco.com) is a leading international investigative, consulting and training firm helping clients identify and address vulnerabilities to risks associated with threats inherently connected with fraud, money-laundering and other activities involving financial crime, international due diligence, financial investigations, asset identification and location, threats to intellectual property and critical information, or physical threats to key executives, their families and staff in high-threat areas of Latin America, Africa, the Middle East, Central and Eastern Europe or Southeast Asia.
The LUBRINCO Group's 20+ years of experience in these areas provides clients with unique and unparalleled perspectives to address their operational and regulatory vulnerabilities, international investigations, as well as practical solutions to address these risks. From initial conversation to delivery of services, The LUBRINCO Group's process is both relationship-centered and is highly personalized; with recommendations based on careful assessments of each client’s unique needs and objectives, coupled with the diverse and extensive in-field experiences of the group's practice leaders.
News Release Contact:
Shaun Hassett, CAMS
Business Development
The LUBRINCO Group - Chicago
847.458.8670
shassett@lubrinco.com
Group Management:
Richard B. Isaacs,
Senior Vice President
The LUBRINCO Group - New York
212.695.1759
rbisaacs@lubrinco.com
L. Burke Files,
Vice President
The LUBRINCO Group - Phoenix
480.838.1728
lbfiles@lubrinco.com
###
The International Association for Asset Recovery (IAAR) is a membership organization of professionals who work to recover assets derived from illegal activity or withheld from their rightful owners.
"Asset Location and Recovery is a critical component of the financial investigation process," according to L. Burke Files, vice president and senior practice leader of The LUBRINCO Group.
“All assets are not necessarily found hidden away in bank accounts in some exotic offshore destination. Intellectual Property and Critical Information (or IPCI for short), represents nearly 80% of the value of companies listed today on the S&P 500. In 1975, IPCI assets represented only 16% of the value of companies then listed in the S & P 500. Arguably, this is the most important asset of both today and tomorrow, and as such, must be better protected,” Files added.
Commenting on attending the IAAR Conference, Shaun Hassett, vice president, business development , The LUBRINCO Group stated: "In an average year, we are involved in efforts to locate for seizure more than $600 million in concealed or laundered assets. We are looking forward to attending this event, to network with peers in this arena."
Participation in this event will precede Mr. Files' scheduled participation in the upcoming East-West Security Summit in Brussels, December 15-16, where he will teach on these same subjects. This also follows the recent publication of an article by Mr. Files in the current edition of The Journal of Corporate Treasury Management on “Treasury’s Role as the Custodian of Value for Intellectual Property and Critical Information.” A copy of the article is available at: http://www.lubrinco.com/articles/pp298-311_Lubrinco.pdf
About The LUBRINCO Group
The LUBRINCO Group (www.lubrinco.com) is a leading international investigative, consulting and training firm helping clients identify and address vulnerabilities to risks associated with threats inherently connected with fraud, money-laundering and other activities involving financial crime, international due diligence, financial investigations, asset identification and location, threats to intellectual property and critical information, or physical threats to key executives, their families and staff in high-threat areas of Latin America, Africa, the Middle East, Central and Eastern Europe or Southeast Asia.
The LUBRINCO Group's 20+ years of experience in these areas provides clients with unique and unparalleled perspectives to address their operational and regulatory vulnerabilities, international investigations, as well as practical solutions to address these risks. From initial conversation to delivery of services, The LUBRINCO Group's process is both relationship-centered and is highly personalized; with recommendations based on careful assessments of each client’s unique needs and objectives, coupled with the diverse and extensive in-field experiences of the group's practice leaders.
News Release Contact:
Shaun Hassett, CAMS
Business Development
The LUBRINCO Group - Chicago
847.458.8670
shassett@lubrinco.com
Group Management:
Richard B. Isaacs,
Senior Vice President
The LUBRINCO Group - New York
212.695.1759
rbisaacs@lubrinco.com
L. Burke Files,
Vice President
The LUBRINCO Group - Phoenix
480.838.1728
lbfiles@lubrinco.com
###
Contact
The LUBRINCO Group Ltd., Inc.
Shaun M Hassett, CAMS
847-458-8670
http://www.lubrinco.com
800 Linda Drive
Algonquin, IL 60102
Shaun M Hassett, CAMS
847-458-8670
http://www.lubrinco.com
800 Linda Drive
Algonquin, IL 60102
Contact
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