International Judgment Enforcement & Offshore Asset Recovery | Kobre & Kim

Events October 8, 2024

Kobre & Kim’s São Paulo Team Hosts São Paulo Arbitration Week Panel

Kobre & Kim’s São Paulo team, together with Prisma Capital, will host a breakfast panel during São Paulo Arbitration Week to discuss “Litigation Funding and Monetization of Arbitral Awards” on October 16.

Events October 2, 2024

Richard Clarke to Chair Panel at Asset Recovery Middle East: Fraud Litigation, Enforcement & Contentious Insolvency

Recent international judgments illustrate the complexity of navigating cross-border litigation involving sovereigns and state immunity. Kobre & Kim’s Richard Clarke will share his expertise in this area at Asset Recovery Middle East: Fraud Litigation, Enforcement & Contentious Insolvency, a conference taking place from October 13 to 15 in Dubai.

Events September 11, 2024

Evelyn Sheehan Explores Civil Asset Recovery in the Americas with IBA

Kobre & Kim’s Evelyn Sheehan will share her expertise on multi-jurisdictional investigations and cross-border insolvency tools in a panel at the International Bar Association Global Conference on September 17 in Mexico City, focused on “Civil Asset Recovery in the Americas: The Indispensable Role of Insolvency Tools and Remedies.”

Client Alert September 5, 2024

Enforcing Claims Against Sovereign Debtors in the Middle East

Commercial parties worldwide have long struggled to enforce cross-border arbitration awards and judgments in the Middle East.
However, recent decisions of the UAE courts have signaled that the tides may be turning more in creditors’ favor. which can inform how they may approach enforcement against a sovereign debtor.
Our team explains recent updates advancing cross-border judgment enforcement efforts in the region.

Events August 29, 2024

Evelyn Sheehan on "Pursuing Suspect Wealth in Cyber Space" at the Cambridge International Symposium on Economic Crime

On September 3, Kobre & Kim’s Evelyn Sheehan will be speaking at the 41st Cambridge International Symposium on Economic Crime. Her talk, scheduled during a session focused on "pursuing suspect wealth in cyber space," will address the crucial issue of cryptocurrency regulation in the United States.

Client Alert August 22, 2024

Kobre & Kim Successfully Enforces Hundreds of Millions of US Dollars of Cross-Border Judgments and Awards

Over the past few years, Kobre & Kim has successfully enforced cross-border judgments and arbitration awards collectively valued valued in the hundreds of millions of US dollars.
Many of the firm’s engagements have involved judgments and awards valued in the billions or even tens of billions of US dollars.
Large monetary judgments or awards cannot be successfully enforced by a strategy that solely focuses on pursuing assets worldwide.

Firm News August 1, 2024

Kobre & Kim Wins London High Court Ruling After Korea’s Challenge Against the Elliott Arbitral Award is Denied

Kobre & Kim, together with law firm Three Crowns, have won a ruling from a London court upholding a US $48.5 million Arbitral Award for Elliott Associates, L.P. against the Republic of Korea (“ROK”).

Publications July 2, 2024

John Han and Geoffrey Derrick Discuss New York Glory Health Decision With INSOL World

Kobre & Kim’s John Han and Geoffrey Derrick sat down with INSOL World to discuss the decision and what it means for global bondholders moving forward.

Client Alert June 6, 2024

New York Glory Health Decision Makes Enforcement of Bonds Issued by Cayman and BVI Companies Much Easier

The ability of bondholders to sue bond issuers to enforce their rights without going through the cumbersome process of instructing a bond trustee has long been in question.
However, an important ruling in New York court, obtained by Kobre & Kim on behalf of a group of international bondholders, took the first step in establishing standing.
This decision potentially removes key barriers to enforcement in key offshore jurisdictions such as Cayman and the British Virgin Islands (BVI), as well as Hong Kong.

Events June 4, 2024

Jef Klazen, Richard Clarke, and Jason Kang join International Enforcement of Judgements and Awards Forum

This weekend, Kobre & Kim’s Jef Klazen, Richard Clarke, and Jason Kang attended the Cambridge Forum on International Enforcement of Judgements and Awards in Surrey, United Kingdom.

Events June 3, 2024

Andrew Stafford KC and Nicholas Surmacz on Enforcement of Awards Against Sovereign States at London International Disputes Week Seminar

Winning an arbitration award against a sovereign state and state-owned entities is often the easy part – trying to enforce the award and getting the state to pay can cost enormous amounts of time and money, requiring special strategic considerations.

Publications May 29, 2024

Kobre & Kim Reinforces Commitment to China as Other Firms Exit or Downsize: Law360

As opportunities arise in areas such as international asset recovery, government enforcement work, and joint venture shareholder disputes, the firm looks to strengthen its operations in China.

Firm News May 10, 2024

Landmark UAE Ruling Strengthens Hand of Creditors

International investigation and dispute resolution law firm Kobre & Kim has won a landmark victory for creditors in the United Arab Emirates (UAE). The Dubai Court of Cassation issued a final decision unwinding the transfer of shares by the debtors to a family member, even though the transfer took place before the issuance of a final judgment confirming the debt owed to Kobre & Kim’s client.

Client Alert May 9, 2024

Cross-Border Strategies for Maximizing Returns Against Sovereign Debtors

More investors are taking their disputes against sovereign states and entities to arbitration and judicial forums.
However, demanding payment of a defaulted debt, judgment or award does not always lead to the sovereign paying up.
We explore aggressive non-traditional strategies investors should deploy to ensure a sovereign debtor agrees to a settlement.

Events March 4, 2024

John Han Answers Questions on High-Value International Recovery During OffshoreAlert Bangkok 2024

The international landscape for high-value fraud recovery is constantly changing. Kobre & Kim’s John Han, who focuses on the monetization of claims on behalf of investors and multinational companies, joined other leading international fraud and value recovery practitioners to discuss during the OffshoreAlert Bangkok 2024 conference on a panel on February 29, 2024.