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ARTICLE · 13 SEPTEMBER 2022

Steps To Consider Before And After Legal Proceedings

Money is the lifeblood of modern society and the assets that we accumulate by spending money can be seen as metaphorical organs.

MalaysiaLitigation, Mediation & Arbitration

Asset Discovery

Steps to Consider Before and After Legal Proceedings

1.Introduction

Money is the lifeblood of modern society and the assets that we accumulate by spending money can be seen as metaphorical organs. This is particularly so when it come to a business where both assets and financial means are used in supporting its operations. With that in mind, it can be vital for interested collaborators to look into assets of their possible partners before going into ventures with them. This will be doubly vital when litigation becomes necessary and debt recovery processes are underway in the courts.

With that backdrop to consider, this newsletter will look into two situations first, before a business relationship is entered, and second, when the business relationship ended, and a court judgment has been obtained based on sums owed by the counterparty.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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