Recovery of Frozen Financial Assets

The AMBASSADORS Finance & Tax team successfully assisted a Ukrainian agricultural group in recovering a significant financial asset frozen in a Latvian bank due to nationalisation. They conducted a detailed legal analysis of Latvian and international regulations to identify viable recovery pathways, including the application of relevant treaties and national laws.

The team developed a comprehensive legal strategy, preparing claims supported by robust documentation and legal arguments. They engaged with Latvian regulatory and judicial institutions, advocating for the client’s interests throughout negotiations and adjudications.

In collaboration with local experts, the team navigated jurisdictional nuances to ensure the case’s effective presentation. The successful recovery safeguarded the client’s financial interests, reinforcing their ability to continue operations under challenging circumstances.