Global Asset Recovery and Enforcement

Funds can be anywhere. Our experienced team helps you find and collect - from asset-tracing and freezing injunctions to judgment enforcement and recovery. We have won and enforced judgments resulting from some of the highest-profile and most well-known cases.

We help you find and collect the money. At Hogan Lovells, we know that winning is just the first step.

From asset freezing and recovery to judgment enforcement and collection, our experienced team is here to help you navigate the complex maze of administrative, legislative, and judicial processes. Over the last 30 years, we have handled some of the highest-profile and most well-known cases. We are here to help you succeed.

We’re independently recognised in the market as one of the world’s leading practices, we have more than 800 disputes lawyers worldwide, yet we work as one seamless team along with our top-ranked investigations and white collar, insolvency, and banking litigation practices to ensure your best interests are served across borders and forums. Our cross-border experience is exceptional and has involved matters in a wide variety of jurisdictions worldwide, ranging from the British Virgin Islands, the Bahamas and other Caribbean jurisdictions, to Eastern Europe jurisdictions, Asia, and Africa.

Our team delivers results even in the most complex and challenging scenarios. We regularly act for liquidators, trustees, third-party funders, investors, and other representative claimants in pursuing major judgment enforcement and asset recovery.

Hear from our clients and industry leaders

Going up against them as a defendant in a recovery cases is like being hit by a truck."

Client testimonial, Chambers & Partners

The team have demonstrated great creativity, clarity of focus and a great ability to skilfully identify and manage the most critical issues of our position."

Client testimonial, Chambers & Partners

Key contacts

Oliver (Ollie) J. Armas

Partner

Oliver (Ollie) J. Armas

Partner

New York

Ardil Salem

Partner

Ardil Salem

Partner

London

Meet the Global Asset Recovery and Enforcement team

Representative experience

Advising BTA Bank on the largest piece of fraud-related litigation (US$6 billion) to have been before the English court in recent years.

Represented judgment creditors of foreign sovereign in efforts to recover foreign oil transported to the United States in violation of sanctions laws.

Represented judgment creditors of foreign sovereign in recovery actions involving wire transfers held at various banks, real property located in the U.S. and proceeds from bonds held at the New York Federal Reserve.

Representing the largest bank in Ukraine now in state ownership against its former shareholders, including obtaining a US$2.6 billion freezing order against all the defendants.

Representing Kazakhstan Kagazy Group in a multijurisdictional enforcement action to satisfy a US$300+ million judgment debt and trace assets in Switzerland, Cyprus, and Italy.

Advising a global bank in an investigation and a series of litigation, arbitration, insolvency, and enforcement proceedings in Singapore, Hong Kong, China, and the UK.

Won a major victory for a FCA-regulated asset management company in relation to the mismanagement of an investment portfolio containing Libyan sovereign wealth assets worth almost US$1 billion.

Handled numerous appellate arguments on various aspects of the Foreign Sovereign Immunity Act and a bench trial on establishing liability of agency and instrumentality of foreign sovereign.

We are representing one of the largest banks in the UK in an enforcement proceedings in Spain of a US$11+ million award from the Supreme Court of Gibraltar related to three defaulted loans to an individual debtor which were guaranteed by a mortgage over a Spanish villa.

We coordinated multijurisdictional asset-tracing on behalf of a major Russian oil corporation in connection with enforcement of an arbitral award worth over US$90 million (the proceedings were held in Gibraltar, Cayman Islands, Monaco, Liechtenstein, and Greece).

We advised a major U.S. food product company in relation to tracing funds fraudulently obtained in Malaysia including pursuing recovery actions in the Malaysian courts.

We advised a major PRC petrochemical company in relation to asset tracing exercises concerning commercial counterparties in a petrochemical venture in Indonesia.

We acted for a multinational public limited company in the mining and energy sectors in relation to enforcement of an LCIA award in China.