Asset Recovery Asia - Main Conference Day 1 (Level 3)Monday, 4 November 2024 - ICT (Indochina Time, GMT+07:00)

Claimants always want a fast recovery, but the time that asset recovery takes is becoming ever more critical, with Courts still dealing with case backlogs from lock downs, and inflation and interest rates running high in many jurisdictions. Our panel discusses timing and its asset recovery litigation. What are Claimants doing to expedite enforcement? Are defendants coming up with novel delaying strategies? Does post judgment interest sufficiently compensate claimants – and if not, do the Courts understand this and how are they addressing it? How do insolvency proceedings compare to fraud litigation against this backdrop?

In many cases, bringing insolvency proceedings will protect a creditor's interests. But what strategies should they adopt when a collective process does not favour their interests? Can they get ahead of the game by bringing tort claims against individuals behind the company? And what are the risks to the creditor of these strategies?