The original award, valued at approximately USD 12 million, was ultimately settled for around USD 20 million, including most of the accrued interest and costs. Our team successfully represented a creditor in the cross-border enforcement of a London-seated ICC arbitral award rendered over twenty years ago. The original award, valued at approximately USD 12 million, was ultimately settled for around USD 20 million, including most of the accrued interest and costs.

The matter involved complex enforcement proceedings across multiple jurisdictions. We provided strategic support in Switzerland and in the Netherlands, securing numerous attachments over key assets of the debtor and defending them in appeal proceedings. The proceedings culminated in a favourable settlement, demonstrating our strength in the cross-border enforcement of judgments and arbitral awards.

For more information regarding this settlement, please contact one of our contact persons below.