Claim Monetization & Dilution

Kobre & Kim represents broad classes of investors, creditors, and their fiduciaries in situations where there is a risk that a debtor will not pay in full, as well as debtors targeted by creditors in similar distressed situations. We deploy aggressive, creative strategies that go beyond legal maneuvers, combining traditional legal skill sets with non-legal disciplines to deliver on a client’s commercial goals.


Publications April 24, 2025

Calvin Koo and Evelyn Baltodano Sheehan with Unchained: DOJ to Reassess Crypto Crime Victim Asset Valuation

The U.S. Department of Justice (DOJ) released a memo in early April saying that it would reconsider the process by which investors in digital assets that become forfeited in fraud and theft cases are repaid to investors at a lower price than the current spot value. Kobre & Kim's Calvin Koo and Evelyn Baltodano Sheehan shared their insight with Unchained.

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Events April 24, 2025

Daniel Saval to Speak on Cross-Border Bankruptcy Strategies at ABA International Law Section 2025 Annual Conference

Kobre & Kim’s Daniel Saval will be speaking at the ABA International Law Section’s 2025 Annual Conference, which this year explores the theme: “Adapting to Today’s International Legal Challenges: A New Era?”.

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Client Alert April 24, 2025

International Companies Should Not Shy Away from Potential Disputes Against Korean Conglomerates

  • Emerging commercial opportunities in South Korea are opening doors for investors worldwide.
  • Foreign investors and trade partners continue to face significant challenges when navigating disputes with chaebols, given their dominant position and the complexities of the Korean legal landscape.
  • Utilizing antitrust authorities may be one component in building an aggressive and effective strategy.

 

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Firm News April 22, 2025

In Glory Health default, NY court hands down second decision affirming bondholder standing to directly enforce granting Kobre & Kim’s motion for summary judgment

In a second important ruling for global bondholders, a New York court has granted Kobre & Kim’s motion for summary judgment again affirming bondholders’ standing to directly enforce a global note issued by Chinese property developer Glory Health without going through the bond trustee.

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Events April 15, 2025

Jef Klazen and Robin J. Baik Join ICDR-AMCHAM Korea Legal Affairs Committee Meeting

Join us at the upcoming ICDR-AMCHAM Korea Legal Affairs Committee Meeting on Wednesday, April 23, 2025. Jef Klazen and Robin J. Baik will share their insights on how litigation tools can support international arbitration.

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Client Alert April 10, 2025

Creditors Should Enforce PRC Keepwell Agreements Overseas

  • It is now established that keepwell agreements—commitments made by a parent company in the People's Republic of China (PRC) to uphold the financial stability of its subsidiary—are enforceable under Hong Kong law.
  • Beyond enforcing keepwell agreements in the PRC, unsecured creditors should proactively expand their recovery overseas to improve their prospects for recovery.   

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Publications April 8, 2025

Victor D. V. Clementino and Sergio de Aguiar Discuss Private Credit Expansion in LatAm with Octus

Kobre & Kim’s Victor D. V. Clementino and Sergio de Aguiar shared insights on why Latin America is becoming an increasingly attractive destination for the global private credit market.

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Client Alert March 27, 2025

Decision Opens Path for Creditors Challenging Fraudulent Florida Homesteads

  • Debtors worldwide often attempt to shield their assets from collection by transferring them to Florida homesteads due to the broad and immediate protection against enforcement afforded by Florida’s constitution to homeowners.
  • A recent ruling by the United States District Court for the Southern District of Florida in favor of a Kobre & Kim client marks an important step in addressing potential abuses of this protection.
  • As possibly the first ruling to acknowledge that creditors may be able to collect against Florida homesteads purchased with proceeds from frauds not committed against them, it sets a precedent that could enhance creditors’ ability to enforce claims against debtors attempting to shield assets through homestead protections.

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Events March 24, 2025

Kobre & Kim at INSOL Hong Kong 2025

This year’s INSOL Hong Kong 2025 brought together industry leaders to tackle the pressing challenges in global insolvency and asset recovery, and Kobre & Kim was pleased to contribute to the discussion. 

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Events March 24, 2025

Evelyn Baltodano Sheehan Explores Asset Recovery in Fraud Investigations at C5 Geneva

Kobre & Kim’s Evelyn Baltodano Sheehan joined fellow industry experts in the panel “The Cross-Over Between Civil and Criminal Matters: Recovering Assets in Fraud Investigations Where Criminal Enforcement Authorities are Involved” at C5 Geneva.

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Publications March 20, 2025

John Han and Emily Beirne on Advancing Strategic Priorities in Arbitration and Enforcement with DRD Partnership

At Nairobi Arbitration Week, Kobre & Kim’s Emily Beirne joined a panel to discuss the strategic considerations in international arbitration. Expanding on these insights, John Han and Emily co-authored a white paper with Claire Davidson and Viktor Koleda of DRD Partnership.

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Events March 17, 2025

Vincent Yiu Joins CFA Society Hong Kong Luncheon on How Creditors Can Enhance Returns in Distressed Situations

Vincent Yiu will be speaking at a luncheon hosted by the CFA Society Hong Kong, titled “Unlocking Value from Distressed Credit Through Creative Enforcement Strategies: A Global Perspective.”

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Client Alert March 13, 2025

Israeli Investors Should Apply Cross-Border Solutions to Distressed Situations

  • When a debt issuer falls into distress, Israeli investors need advice informed by deep knowledge of international insolvency and enforcement regimes, coupled with capabilities to aggressively protect and pursue their rights across the relevant jurisdictions. 
  • Israel’s recent adoption of the Model Law on Cross-Border insolvency puts creditors on a firmer footing to leverage global insolvency tools by coordinating foreign and Israeli proceedings.
  • A multi-jurisdictional approach allows international investors and creditors to gain leverage toward a favorable recovery.

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Client Alert March 6, 2025

Global Creditors Can Fight Fraudulent Conveyance in Dubai

  • International investors and other claimants have long struggled to enforce cross-border claims in the United Arab Emirates (UAE) and the wider Middle East.
  • A 2024 precedent-setting decision in Dubai's High Court, secured by Kobre & Kim and local co-counsel, shows another avenue for global creditors to battle recalcitrant debtors and increase their chances of a swift and significant recovery on their cross-border claims.

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Client Alert February 20, 2025

Leveraging Delaware’s Trust Law Against Aggressive Creditors

  • As creditors find ways to crack Delaware’s trusts, debtors should remain mindful of the debtor-friendly features of Delaware trust law.
  • Delaware allows individuals to shield assets through a domestic asset protection trust (DAPT), where the trust's settlor is also the trust’s beneficiary. Using DAPTs, a settlor can shield his or her assets from creditors while retaining the right to benefit from those assets.
  • Although DAPTs are inherently robust, settlors should take every precaution to maximize their protective measures.

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