The European Fund Recovery Initiative (EFRI) has filed a disciplinary complaint with the Haagse Orde van Advocaten against top-tier Dutch firm BarentsKrans and partner William Schonewille. The Bar has acknowledged receipt and assigned the matter to its supervisory board (file number undisclosed). EFRI alleges conflict-of-interest concealment, abrupt withdrawal on the eve of a deadline, and retention of unearned fees in a mass-fraud appeal against ING subsidiary Payvision. More than 600 retail victims are left without counsel.
In a case that raises fundamental questions about legal ethics and professional accountability, the Dutch law firm BarentsKrans has come under fire for abandoning the European Fund Recovery Initiative (EFRI) and over 600 financial fraud victims just days before a critical court deadline. EFRI accuses the law firm of concealment, conflict of interest, and unethical conduct—all while pocketing tens of thousands of euros meant for justice. This is not just a legal misstep. It’s a betrayal.