International Judgment Enforcement & Offshore Asset Recovery | Kobre & Kim

Events January 28, 2019

George Utlik Discusses Effective Use of U.S. Discovery Tools in Aid of Foreign Proceedings, including Recent Litigation and Arbitrations Involving Russian and CIS Parties

In our increasingly global world, U.S. discovery orders available under 28 U.S.C. § 1782 provide a powerful tool to foreign litigants to collect necessary evidence for use in a foreign proceeding and to add pressure on their opponents.

Firm News December 14, 2018

Kobre & Kim Wins US Court Restraining Order Against Chinese Billionaire Jia Yueting in International Enforcement

Kobre & Kim has obtained another important victory in enforcing an arbitration award against Chinese billionaire Jia Yueting, the high-profile businessman who founded tech conglomerates Le.com and LeEco. The arbitral award, made by the Beijing Arbitration Commission in January this year, is held by To-Win Capital Group Co., Ltd (“To-Win Capital”) against Jia Yueting.

Firm News December 10, 2018

Kobre & Kim Wins Order Against Chinese Billionaire Jia Yueting in International Enforcement

Kobre & Kim has obtained an important victory in enforcing an arbitration award against Chinese billionaire Jia Yueting, the high-profile businessman who founded tech conglomerates Le.com and LeEco. The arbitral award, made by the Beijing Arbitration Commission in January this year, is held by To-Win Capital Group Co., Ltd (“To-Win Capital”) against Jia Yueting.

Client Alert November 12, 2018

Navigating Global Matrimonial Disputes: Four Steps to High-Value Asset Recovery

While a divorce for the ultra-wealthy might be local, monetizing the resulting judgment requires sophisticated cross-border expertise.
A timely, proactive and creative asset recovery strategy leads to more money faster.
Obtaining a court judgment against the recalcitrant debtor is just the start of a global game of chess in which experience, creativity and global reach are essential.

Events October 23, 2018

John Han Examines International Arbitration Awards and Enforcement Strategies

On October 26, John Han will join the panel “Maximizing Recovery in International Arbitration” at the Hong Kong International Arbitration Centre’s Pre-Dispute Strategy Workshop.

Events October 22, 2018

John Han and Joyce Xiang Discuss Foreign Judgment Enforcement Measurements in the U.S. and Offshore

John Han and Joyce Xiang will discuss recognition and enforcement of foreign court judgments and interim measure implementation in the U.S. and offshore jurisdictions at a Tiantong Law Firm Event on October 24.

Events October 17, 2018

Marcus Green and Adriana Riviere-Badell Discuss the “Hidden Treasures” of International Arbitration Enforcement and Collection

Marcus Green and Adriana Riviere-Badell will be joining a panel of fellow experts to discuss the often-neglected aspects of international arbitration and litigation: international enforcement and collection.

Events October 16, 2018

John Couriel and Daniel Saval Discuss International and Crypto Asset Tracing in Insolvency

John Couriel and Daniel Saval will discuss asset tracing and recovery strategies at the 14th Annual International Insolvency Symposium in Milan, Italy.

Events October 16, 2018

Robin Baik Discusses Corporate Cyber Fraud and Global Asset Recovery Strategies

Robin Baik will discuss corporate cyber fraud and global strategies to enhance asset recovery at the ABA New Engine of Growth: Investment and Technology Conference on October 19 in Seoul.

Publications October 12, 2018

The New Art Fraud: Galleries, Dealers are Next Global Hacking Targets

A team of Kobre & Kim attorneys - including Randall Arthur, Lara Levinson, Jason A. Masimore, Jef Klazen and Steven G. Kobre - shed light on one of the new targets of global hackers - the art world.

Client Alert September 25, 2018

The New Art Fraud: Galleries and Dealers Are the Next Global Hacking Targets

The art world is an attractive target because of its fast-paced, high-value transactions with minimal documentation.
Once the money has been wired to the criminal’s account, they move to transfer the funds to erase their trace and disappear undetected.
Victims of such a hack must wield all of the legal and investigative tools at their disposal to maximize the odds of recovery.

Events September 24, 2018

Rebecca Hume and Benjamin Sauter to be among the featured speakers at the Asset Recovery Americas conference in New York

Cayman-based litigator, Rebecca Hume, will highlight asset recovery in cases involving divorce or contested probate during the panel “Love, death and bankruptcy.”

Events September 20, 2018

Marcus Green Weighs the “End Game” Challenges within Arbitration Award Enforcement

Marcus Green will be leading a panel discussion featuring arbitration award creditors and debtors alike on the challenges in the “end game” of arbitration enforcement at the Second Annual Enforcement of Arbitration Awards in Amsterdam on Friday, September 21.

Publications July 12, 2018

Precedent-Setting Digital Currency Recovery Team Explores Options for Fraud Victims

David McGill and Benjamin Sauter, the first lawyers to freeze misappropriated digital currency on a fraud victim’s behalf, along with Washington DC-based lawyer Jake Chervinsky, survey the current digital asset recovery landscape in a recent Bloomberg Law article.

Client Alert June 7, 2018

Fraud Victims Pursuing Assets Offshore

Recent judgments have provided victims with a new route to claim damages from third parties, and thereby widen the pool from which to make a recovery.
Claimants in numerous common law jurisdictions now can bring two new types of claims against associates of fraudsters who have assisted in the dissipation of assets after a freezing order or judgment has been obtained.
Creditors seeking to make recoveries against fraudsters based in offshore jurisdictions should consider these two new, but related, claims against third parties when developing their asset recovery strategy.