Client. A privately held international group with beneficial ownership held by German-resident individuals. The group held productive assets within Armenia, an EAEU member jurisdiction, and had engaged no prior local counsel for asset-protection planning.
Background. Creditor claims arising from a related-party dispute created material exposure to the group's Armenian-sited assets. The cross-border dimension — German residency of the beneficial owners, assets held under Armenian law — complicated both the risk assessment and the available structuring options. Existing corporate arrangements offered insufficient separation between operating assets and the exposed entities.
Our role. The firm advised on asset-protection structuring under Armenian civil law in coordination with trusted local counsel in Yerevan. Counsel reviewed the existing ownership chain, identified vulnerable asset positions, and designed a revised structure to ring-fence productive assets from the creditor claims at risk. The engagement encompassed analysis of enforcement risk under Armenian procedural law and the implications of the group's EAEU footprint for cross-border recognition of any adverse judgment.
Outcome. Debt recovered in full across two jurisdictions. The restructured asset-protection arrangements remain in place, providing the beneficial owners with a defensible separation between operating and exposed positions within the Armenian legal framework.
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