Summary
In 2022, creditors with unpaid judgments may continue to face severe resource constraints as well as obstacles in recovering monies owed to them, as recalcitrant debtors continue to evade enforcement. As courts reopen and countries adopt new regulations, asset recovery expertise will play a key role in creditors’ enforcement strategies.
Covid-19 continued to play a central role in debt and judgment enforcement last year as courts across the world grappled with both the backlog of cases and an increase in litigation and arbitration. While law firms saw a sizable jump in revenue as legal demand h…