Rick Rein Contributed to an article published by Stout Risius Ross discussing Local jurisdictions and establishing a plan of action for achieving an international recovery of an asset.
Globalization has created new challenges for parties threatened by, or involved in, cross-border disputes. For example, assets and evidence may be spread across multiple countries and legal systems. In addition, judicial attitudes and procedures vary on key concerns such as reciprocity in the recognition of assistance between courts and litigants.
By understanding the local jurisdictions and having an established plan of action, litigants will be better-prepared to achieve an international recovery.