Overview

Boies Schiller Flexner represents sophisticated clients as global counsel in international disputes with substantial assets at stake. We are known for aggressively pursuing strategies to obtain and enforce litigation judgments and arbitral awards as well as identifying and securing the recovery of assets in jurisdictions around the world on behalf of our clients.

Our attorneys have helped multinational companies, sovereign governments, as well as individuals to recoup upwards of billions of dollars. In instances of corruption, bribery, and fraud, clients from around the globe turn to BSF to help them recover lost assets. Our team includes numerous former federal prosecutors, who have extensive experience at the forefront of major foreign corruption and asset forfeiture matters and a first-hand understanding of regulators and law enforcement officials around the world.

We understand that identifying and securing assets ahead of judgment is crucial to successful enforcement strategies. Acting as global counsel for our clients and managing multijurisdictional investigations, we deliver comprehensive asset recovery strategies. We move quickly across multiple jurisdictions, including the UAE, EU, CIS, India, Singapore, Hong Kong, Belize, Cayman Islands, and British Virgin Islands, and work seamlessly with local counsel to identify and pursue a variety of assets, including real property, bank accounts, stocks and shares, aircraft, and marine vehicles. We utilize the judicial process and intelligence-led resources to identify where assets are, including through multijurisdictional injunctions, disclosure orders, freezing orders, attachment and seizure orders, execution orders, and asset arrests. We have longstanding relationships with leading investigation firms, which assist in the investigation of complex transactions and advise on local and international civil and criminal proceedings to secure and maximize the recovery of assets. One example of our success in this area is our recent trial win for BTA Bank, in which we secured a unanimous jury verdict worth more than $200 million in a case where we identified and froze significant assets in New York City that had been looted from the bank in Central Asia.

Beyond our asset recovery work, we are deeply experienced at securing the enforcement of awards that our clients have won. We understand the nuances of international jurisdictions and the levers available to us to help clients secure payment of awards when they face resistance from an opposing party. BSF acts as coordinating counsel on multijurisdictional recovery matters, which often involve multiple proceedings across the world, including offshore jurisdictions, to achieve payment in full for our clients. Our firm has achieved several significant victories in the recognition and enforcement of judgements in the U.S. courts as well as cases for and against sovereigns. For example, BSF advised Midtown in its enforcement and recognition proceedings in the U.K. in respect of two judgments from the New York courts, totaling $600 million. More recently, BSF went to federal court in New York to secure payment of an award for client Trividia Health that had been granted in an ICC arbitration but was not paid by Nipro Corp. until we secured a court order directing the turnover of stock certificates in U.S.-based Nipro Holdings America.