A client has obtained a judgment or arbitral award, the judgment debt remains unpaid, and the assets of the judgment debtor appear to be located in an offshore jurisdiction such as the Cayman Islands or the BVI. The client has little or no information about the assets available for enforcement of the judgment debt. Is this the end of the road for the client?

The simple answer is no. Whilst most practitioners will be aware that it is relatively straightforward to enforce foreign judgments and arbitral awards in many common law jurisdictions, they may not be aware of the numerous options available to judgment creditors and of the willingness of the courts in the Cayman Islands and the BVI to assist with the recovery of judgment debts.

What options are available if the judgment creditor has little or no information about the judgment debtor’s assets?

Click below to read more.

PDF Version

Share
Twitter LinkedIn Email Save as PDF
More Publications
27 Sep 2022

Similar but Different

While the basic features of the trust remain, there are some notable differences in how trusts can b...

28 Apr 2022

Restructuring the offshore debt of Chinese Real Estate Developers

This article sets out how the current regimes in the Cayman Islands and the BVI can assist with rest...

Contributors: Crystal Au-Yeung
28 Apr 2022

Assignment, novation or sub-participation of loans             

Transfers of loan portfolios between lending institutions have always been commonplace in the financ...

25 Mar 2021

Full Steam Ahead at the Jersey Ships Registry

Against a backdrop of uncertainty surrounding Brexit and the difficulties created by the global pand...

12 Mar 2021

Material adverse change clauses in light of the Covid-19 pandemic

Experts from each of our key global offices provide jurisdiction specific advice and answer question...

8 Mar 2021

Appleby Celebrates International Women’s Day

International Women’s Day is celebrated annually in support of gender equality and equal participa...

14 Dec 2020

Technology & Innovation Update Q4 2020

Technology & Innovation Update Q4 2020

Contributors: Peter Colegate
14 Dec 2020

Economic Substance update Q4 2020

Economic Substance update Q4 2020