An investment fund faced the expropriation of one of their subsidiaries, a multi-billion valued international financial institution. It was initiated by a government on grounds of an alleged breach of certain financial security terms as prescribed by the National Bank of the country. The client vehemently denied the mere existence of a possible insolvency and needed to gather evidence to prove that the expropriation was unlawful. BFI assisted in the valuation, the quantum of damages, as well as the settlement agreements being a member of the international court-appointed arbitration committee.
https://bfiglobal.com/wp-content/uploads/2019/01/bfi_logo4.svg 0 0 Timo van Tilburg https://bfiglobal.com/wp-content/uploads/2019/01/bfi_logo4.svg Timo van Tilburg2019-02-09 13:00:302019-02-10 13:20:15Damages assessment following the expropriation of a financial institution