Global Enforcement And Asset Recovery Series - Article 1: Recognition And Enforcement Of Judgments And Arbitral Awards
By EsqSocial Corporation 15/01/25
Getting a judgment or award does not automatically mean getting paid. Particularly where judgment or award debtors are in less familiar jurisdictions, there can be a strong incentive to delay or avoid payment. From the perspective of the debtor, there is little difference between being in default under a contract and being in default under a judgment or award. In such cases, obtaining judgment is simply the first step toward recovery. It is critical, therefore, for claimants and their legal...
By: Jones Day