Recovered EUR 3 Million in Assets Frozen for Four Years

Valdemars Law Firm successfully represented an international logistics company in asset confiscation proceedings, securing the release of EUR 3 million that had remained frozen for four years.

Background

Our client, an international logistics company involved in supplying aviation fuel for United States military operations, became subject to asset confiscation proceedings after authorities alleged that the company's funds might be connected to an international corruption investigation.

Approximately EUR 3 million remained frozen for four years while the investigation continued.

Our Role

We represented the client throughout the court proceedings, preparing a comprehensive defence demonstrating the lawful origin of the assets and challenging the factual and legal basis of the authorities' allegations.

Our team presented evidence confirming that the client's business activities were legitimate and that there were no grounds for confiscation of the funds.

Outcome

The court concluded that the allegations concerning the origin of the funds were unfounded and ordered the release of approximately EUR 3 million to our client.

The case demonstrates our experience in representing international businesses in complex asset recovery proceedings involving cross-border commercial activities.