Sector: Conglomerates
Practice Area: Dispute Resolution; Commercial Litigation; International
The firm’s attorneys assisted a leading Dutch firm and its two clients in a publicized set of proceedings arising from a state intervention and subsequent restructuring of a major conglomerate.
The clients successfully obtained a 1+billion EUR attachment order from the Dutch courts, attaching on the relevant assets of the numerous defendants.
Following this, the firm assisted the clients and the Dutch firm in preventing a multimillion EUR payment by one of the defendant entities and receiving a favourable judgment recognizing the freezing of the sums to the benefit of the claimants.
The underlying lawsuits continue in the Dutch courts, with the case valued at 2.8 billion EUR without interest.
