International Judgment Enforcement & Offshore Asset Recovery | Kobre & Kim

Client Alert August 22, 2024

Kobre & Kim Successfully Enforces More Than US $40 Billion of Cross-Border Judgments and Awards

Over the past several years, Kobre & Kim has successfully enforced cross-border judgments and arbitration awards collectively valued at more than US $40 billion.
Many of the firm’s engagements have involved judgments and awards valued at upward of US $100 million, including several 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.

Client Alert February 29, 2024

Political Strategies in Monetizing Sovereign Arbitration Awards

For international investors and companies, winning an arbitration award against a sovereign state marks just the beginning of a lengthy, globe-spanning enforcement campaign.
To make a greater impact on the enforcement process, award holders should not be afraid to use more creative approaches.
A recent Kobre & Kim victory demonstrates how this approach can put legitimate pressure on sovereign debtors and bring them to the negotiating table.

Events February 26, 2024

Jason Kang Speaks at Open Course on International Arbitration

International arbitrations are a key cross-border dispute resolution mechanism, and it is increasingly important for practitioners around the world to develop their knowledge and expertise in the field. Kobre & Kim’s Jason Kang, who focuses on enforcing claims, judgments and awards and other complex disputes with a nexus to China, will share his expertise at an open course organized by the Hong Kong International Arbitration Centre (HKIAC) and the Shanghai University of Finance and Economics School of Law.

Accolades February 15, 2024

Chambers Global 2024 Recognizes Kobre & Kim and Multiple Global Lawyers

In recognition of our strong cross-border capabilities and deep bench of talent, Chambers & Partners listed Kobre & Kim and several lawyers around the world in their latest Global Guide rankings for 2024.

Publications February 5, 2024

Kobre & Kim Case Concerning Spain’s Sovereign Immunity and Investment Treaty Arbitration Featured by The Lawyer Among Top 2024 Appeals

The Kingdom of Spain’s appeal against a landmark English High Court judgment in favor of two investors represented by Kobre & Kim is featured among the top ten appeals of 2024 by The Lawyer.

Events January 29, 2024

Evelyn Sheehan Discusses Latest Developments in Asset Tracing at C5 Conference

With it being easier than ever to move and hide assets across multiple jurisdictions, what strategies can practitioners deploy to trace and recover assets more effectively? Kobre & Kim’s Evelyn Sheehan, who focuses on cross-border investigations and asset recovery, discussed at the C5 Fraud, Asset Tracing & Recovery Miami conference during an interactive session on January 23, 2024.