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Philip Worman

J.S. Held’s Inaugural Global Risk Report Examines Potential Business Risks & Opportunities in 2024

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Philip Worman joined J.S. Held in May of 2022 as part of J.S. Held's acquisition of GPW. Philip has over 25 years of experience in the political risk, business intelligence, and investigations sector, advising clients on doing business in emerging and frontier markets. Philip has particular expertise in sanctions policy and risk mitigation. Philip is a frequent speaker on topics ranging from Eurasian energy issues to international sanctions and geopolitics. He has also featured as a commentator for the BBC, Financial Times, Vedomosti, Bloomberg, Sky News, and other outlets.

His recent work includes

  • strategic advice for an extractive company on global competitor and market dynamics
  • advising an international oil & gas major on its historical exposure to Russia-related sanctions
  • 'above ground’ risk for mining companies in a number of emerging markets
  • supporting employment litigation with computer forensic examination of emails and devices
  • pre-deal due diligence on an Eastern European financial start-up prior to private equity investment

Philip has acted as an expert witness in Benyatov vs Credit Suisse Securities (Europe) Ltd in the High Court, Kings Bench Division (QB-2018-001043). He acted as an expert witness to a recent case in the High Court, Family Division, on a dispute over a financial settlement.

Philip is fluent in English, Russian, and French and has elementary knowledge of Farsi. He has received an MA (Hons) in Modern Languages from Downing College at Cambridge University.
 

Philip has been spotlighted in Chambers & Partners for four years running (2020-2023) for Political Risk and ranked Band 1 throughout. Clients noted that “He demands very high standards, both of his written work and due diligence, but also of business probity…he is a real stalwart of the industry”. They add, “He’s excellent and has a deep understanding of the kinds of issues that can really make an investment go haywire.” This year’s review noted that he “has on-the-ground experience and has a real international coverage."
 

Key Expertise

  • Emerging & Frontier Market Political Risk
  • Sanctions & Trade Compliance Risk
  • Risk Methodology
  • Due Diligence & Reputational Analysis
  • Expert Witness

Professional Affiliations/Memberships/Licenses/Training:

  • Band 1 Global, for Political Risk by Chambers and Partners; five consecutive years
  • ‘Spotlight Individual,’ Political Risk, Chambers Global, 2021
  • ‘Spotlight Individual,’ Political Risk, Chambers Global, 2020

Insights by Philip Worman

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The Energy War in Europe: Gas and the Russian Oil Price Cap
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