This was based on the contention that its worldwide freezing order and its judgments against Mr Ablyazov were located here and had been reduced in value by the alleged conduct
in relation to assets in other jurisdictions.
This requires a systematic and coordinated approach to planning and decision ‑
making in relation to assets in order to achieve organisational objectives.
Discretionary investment management: An investment manager has discretion over both asset allocation and individual security selection
in relation to the assets held in the client's portfolio.
The court discharged the freezing order having found, on the facts, that it should not exercise its jurisdiction because Mobil could not demonstrate that: PDVSA's
conduct in relation to the assets was unjustified, ie a risk of dissipation; the case was one of urgency; there was a connection between the dispute or the parties and this jurisdiction (there was never any suggestion of fraud); or that PDVSA had assets in the jurisdiction.
He has detailed
experience in relation to asset management concerns such as rent review and dilapidations, development and joint venture disputes, and the impact of insolvency.
Another important aspect dealt with in the judgment concerned the extent to which disclosure should be made
in relation to the assets of Zamin's subsidiaries.
A client holding a large judgment or award with substantial cross-border collection risk requires a highly - specialized and multi-disciplinary approach to monetising the asset; including
advice in relation to asset investigations, cross-border enforcement litigation, risk - adjusted valuation and potentially brokering and transaction advisory services attendant to financing, or selling, a judgment or award.
«Collaborative law is not for everyone,» Ms Richards cautioned, noting that the process needs candour, a willingness to disclose information
honestly in relation to assets, and «a genuine desire to reach an amicable agreement that is fair to the whole family».
But not - so - easy point to get is that businesses with enduring moats are more attractive as investments than those which don't have enduring moats even at relatively higher
prices in relation to assets, recent earnings and cash flows.
In terms of the business side of the project, the first comments are
in relation to the asset — the aircraft itself.