8th IBA Asia Pacific Regional Forum Biennial Conference: Vibrant Asia – Land of opportunity and promise

19 Feb - 21 Feb 2025

Session information

Concurrent session 4B: Topics on cross border asset recovery

Friday 21 February (1330 - 1445)

Description

Asset recovery constitutes an essential component of a party’s litigation strategy. Planning for asset recovery early in the legal proceedings enables parties to minimise the risk of dissipation or concealment of assets by counterparties. This in turn increases the likelihood of a party achieving a successful litigation outcome through the recovery of rightfully owned assets. That said, asset recovery is fraught with challenges. This is especially so in the context of cross-border asset recovery where parties are required to navigate complex legal and jurisdictional hurdles that may impede the identification and tracing of assets. This session therefore seeks to address: (1) the key challenges in cross-border asset recovery; (2) the latest trends in cross-border asset recovery, including the recovery of digital assets like cryptocurrency; and (3) the way forward, including how cross-border asset recovery methods may be enhanced.

Session / Workshop Chair(s)

Swee Yen Koh SC WongPartnership, Singapore, Singapore; Conference Quality Officer, Asia Pacific Regional Forum

Speakers

Cosimo Borrelli Kroll, Hong Kong, Hong Kong SAR
Nitesh Jain Trilegal, Mumbai, Maharashtra, India
Saemee Kim Lee & Ko, Seoul, South Korea
Eva Sit SC Temple Chambers, Hong Kong, Hong Kong SAR
Fang Zhao Hui Zhong Law Firm, Beijing, China