Argument (#04 April 2017)

On the Recognition and Enforcement of a Foreign Judgment

Volodymyr Bogatyr, Vladyslav Drapii

The success of any litigation and arbitration case depends mostly on the capability of the plaintiff to trace and locate sufficient assets of the defendant’s debtor to block and freeze the same as security for the satisfaction of any court decision or arbitral award to be issued in the main court or arbitral proceedings, which in cases of participation of a foreign entity can be prolonged by parties acting in bad faith.

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