Enforcement of Judgments
Enforcement of court judgments and arbitration awards can be complex, but it is an essential part of dispute resolution – there may be little to be achieved in winning a judgment or award if you cannot then turn that into recoveries.
Effective cross-border enforcement strategies
Seladore knows through experience which procedures are most likely to result in the quickest recovery for our clients – and, where we are acting on cross-border enforcement, which jurisdiction is preferred and which convention or treaty should be used. We are also very familiar with techniques for securing and protecting assets at an early stage in proceedings, such as freezing orders against defendants or those holding assets on their behalf, to ensure assets are available for enforcement in due course.
Leveraging information for enforcement
Information is often key to successful enforcement, and we employ techniques such as asset disclosure orders and orders against third parties, including banks, to obtain vital information on assets. Additionally, we have strong contacts within the business intelligence community who can assist in identifying assets and transfers.
Securing recoveries through legal tools
We have helped clients obtain post-judgment freezing injunctions, including injunctions at short notice to stop contemplated transactions, and third-party debt orders. We also deploy various other recovery tools, such as the use of bankruptcy and insolvency procedures. Our team has significant experience enforcing against real estate assets, including taking possession of high-end real estate and forcing the sale of properties to recover funds for our clients.
Recovering assets beyond reach
Where judgment debtors have sought to put assets beyond reach, we can advise on potential action to recover those assets by seeking to set aside transactions and claw back assets, even when they are in the hands of third parties.
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