Asset recovery in Spain – a recent case study
Recovering assets in Spain can be a daunting prospect at the best of times. First of all you must navigate the complexities of working a different jurisdiction with a different legal system and a different working culture. Secondly you have the added difficulty of tracing and securing an asset that the debtor may not wish to be found.
As specialists in tracing and recovering assets in Spain there are very few scenarios we have not encountered at E&G Solicitors in Spain.
We recently assisted the Trustee in Bankruptcy in relation to the realisation of an asset in Spain. The case provides a good example of the work involved in asset recovery as it relates to bankruptcy and property owned by the bankrupt in Spain.