Hector Sbert

Tag: enforcement

  • 🇪🇸 Impacto de las sanciones de la UE contra Rusia en la ejecución de sentencias y laudos arbitrales

    A version of this post is also available in English Introducción La invasión de Ucrania por Rusia desencadenó un extenso régimen de sanciones de la Unión Europea contra personas físicas y jurídicas vinculadas al régimen ruso. Estas medidas restrictivas incluyen la congelación de activos (fondos y recursos económicos) de los sancionados y la prohibición de…

  • Mareva Injunction: 50 Years of Freezing Assets

    Lee esta entrada en español This year marks the 50th anniversary of the Mareva injunction, a landmark remedy in the common law tradition. Essentially, it is a court order that prohibits the defendant from disposing of their assets during proceedings—preventing them from hiding or transferring them out of the jurisdiction before a judgment is rendered.…

  • 🇪🇸 Mareva Injunction: 50 años congelando activos

    Read this post in English Este año se celebra el 50º aniversario de la Mareva injunction, una figura jurídica clave del derecho anglosajón. Se trata, básicamente, de una orden judicial que prohíbe al demandado disponer de sus bienes durante un proceso, impidiéndole ocultarlos o sacarlos de la jurisdicción antes de que haya sentencia. En términos…

  • How EU Russia Sanctions Affect Enforcing Commercial Judgments and Arbitral Awards

    Introduction Russia’s war in Ukraine prompted an unprecedented wave of European Union sanctions, targeting hundreds of Russian individuals, businesses and state entities. These measures – part of the EU’s foreign policy response – go beyond diplomacy and deeply affect private commercial dealings. One significant side effect has emerged in courtrooms and arbitration tribunals: the enforcement…

  • Piercing the Sovereign Veil in Spanish Courts: Alter Ego Doctrine in Enforcement against Foreign States

    Sovereign Immunity in Spanish Law: Jurisdiction vs Enforcement Under Spanish law, foreign states generally enjoy sovereign immunity, but a crucial distinction is drawn between jurisdictional immunity and enforcement immunity. Jurisdictional immunity means a foreign state cannot be sued in Spanish courts for its sovereign (public) acts (ius imperii) without consent. Spain follows the modern restrictive…

  • Trends Spotted in 2024: The Evolving Landscape of Asset Tracing and Recovery

    As global markets evolve and technology continues to advance, the methods used to hide, trace, and recover assets are also changing. In 2024, several key trends have been reshaping the asset recovery landscape, driving innovation and changing how investigators and legal professionals approach complex cases. In this blog post, we’ll explore some of the most…

  • The ‘Spanish Saga’ in the Antin case and beyond: award recognition and asset recovery in EU investment arbitration

    This article was first published in the newsletter of the Asset Recovery Committee of the International Bar Association Introduction Recently, on 24 May 2023, the High Court of London issued its long-awaited decision in the Antin case. The High Court dismissed the appeal against the registration (ie, the recognition) of the International Centre for Settlement of Investment Disputes (ICSID)…

  • How to enforce crypto-related decisions in Spain?

    This article was originally published at ICC FraudNet’s 2023 Global Annual Report: “Fraud and Asset Recovery in an Unstable World“, under the title “What about volatility? Enforcement of crypto-related decisions in Spain“. ICC FraudNet’s Global Report is a compilation of 28 original articles authored by 52 contributors beloging to the ICC FraudNet network, from some…