May 2024
your monthly collection of the most important articles, cases, and happening in the asset recovery industry
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Articles
The Case for Integrating Asset Recovery in Legal Education, Global Asset Recovery Journal, available here.
Navigating the Maze: Jurisdiction in Cross-Border Enforcement Cases, Global Asset Recovery Journal, available here.
Protecting Creditors' Rights: Best Practices in Cross-Border Debt Recovery, Global Asset Recovery Journal, available here.
Unraveling the Veil: Asset Recovery in Delaware, Global Asset Recovery Journal, available here.
Jane Colston, Theodore Elton, The English courts and international asset tracing, Commercial Dispute Resolution, available here.
Eric Rein, Current Developments in Cross-Border Litigation | Recognition of Foreign Judgment, JD Supra, available here.
David Mortlock on Sanctions Enforcement and Asset Recovery, ACAMS Today (podcast), available here.
Dhwani Gala and Zarir Bharucha, India: Should Courts Modify An Arbitral Award?, Mondaq, available here.
Steven K. Davidson , Michael Baratz , Molly Bruder Fox and Steven Kaplan, United States: Mastering Dispute Resolution Clauses: Three Drafting Tips To Improve Arbitral Award Enforcement, Mondaq, available here.
Panisa Suwanmatajarn, Thai Supreme Court Provides Guidance on Grounds for Courts to Annul Arbitral Awards, Lexology, available here.
Harris Sliwoski, Enforcing U.S. Judgments in China: What You Need to Know, available here.
Amala Umeike , Jospeh Siyadion and Omobolaji Bello, Webinar: Navigating The Complexities Of Enforcing Foreign Judgments And Arbitral Awards In Nigeria, Mondaq, available here.
Ogier, Snapshot: Enforcement of foreign arbitral awards following Cayman Grand Court judgment, Lexology, available here.
Stewards, AI and insolvency: a game-changer for investigations and asset recovery claims?, Lexology, available here.
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Orders and Opinions
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Cayman Islands: Chief Justice Affirms Cayman's Availability for the Enforcement of Foreign Arbitral Awards; read more here.
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A Cayman court has upheld the enforcement of a HKIAC award worth over US$134 million in favour of French supermarket chain Carrefour in a dispute over the sale of its Chinese stores; read more here.
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European Union: EU Ruling Exposes Sovereignty Fissures In Int'l Arbitration; read more here.
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Netherlands: Dutch Supreme Court Confirms Attachment of Russian Trademarks by Yukos Shareholders; read more here.
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Sweden: Spain gets intra-EU award set aside in Sweden; read more here.
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United Kingdom: The English High Court ordered a transfer of a high-value London property linked to NIOC to Crescent to partially satisfy the award; read more here.
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United States:
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Deutsche Telekom Obtains Enforcement of USD 93 Million Award Against India in the US; read more here and here.
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Notable Filings
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United States:
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Panama files for enforcement of USD 4.8 million costs award against US investor; read more here.
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Omni Bridgeway files a motion for entry of default judgement against Albanian state operated entities; read more here.
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Appellate briefing started in Marseille-Kliniken AG v. Republic of Equatorial Guinea.
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Appellate briefing started in Hulley Enterprises v. Russia; read more here.
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Upcoming Events
May 15: Asset Recovery And Judgment Enforcement: A Focus On 2024 Trends In The US And UK, Webinar; register here.
May 15-17: FIRE International, Vilamoura, Portugal; register here.
May 21: EM Corporate Bond Forum, London, UK.
May 21: Enforcement of Awards Against Sovereigns: Latest Developments, FIRE Thought Leaders 4; register here.
June 5-7: FIRE Americas, Cayman Islands; register here.