Recognition and Enforcement of a Foreign Court Judgment for a Leading Uzbek Bank
REVERA’s lawyers advised a leading Uzbek bank on the recognition and enforcement in the Republic of Belarus of an Uzbek court judgment for the recovery of more than USD 200,000.
The project included full support throughout the cross-border process:
- pre-trial risk assessment;
- development of a strategy to protect the client’s interests;
- coordination of court proceedings before the Belarusian courts;
- ongoing legal advice taking into account parallel proceedings in Uzbekistan.
Complexity
The case was highly complex: it was reviewed twice on the basis of newly discovered circumstances, which required careful coordination between the jurisdictions and an analysis of the impact of the Uzbek court decisions on the enforcement strategy in Belarus.
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Key stages of REVERA’s work: |
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- a comprehensive analysis of cross-border risks was carried out, including an assessment of potential obstacles to the recognition and enforcement of the foreign judgment;
- a litigation strategy was developed, with an emphasis on minimising risks and protecting the client’s interests in both jurisdictions;
- ongoing coordination of legal positions and actions between the courts of Belarus and the authorities of Uzbekistan was ensured;
- recommendations were provided on the management of risks associated with time-related, procedural and regulatory constraints in both countries.
| The total amount claimed in the case exceeded USD 200,000. |
Result for the client:
REVERA successfully secured the recognition and enforcement of the foreign court judgment, protecting the client’s rights and minimising potential cross-border risks.
Author: Kamal Tserakhau, Aliaksei Fedarovich.
Why clients choose REVERA:
We specialise in cross-border disputes, the enforcement of foreign judgments, and risk management across different jurisdictions. Our experience enables us to protect clients’ interests comprehensively by combining domestic and international standards.
Contact us to discuss how REVERA can protect your company’s interests in cross-border disputes.
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