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Clip length/Date:(20:07min - 01/04/11)
Summary: IDN host Michael McIlwrath’s guest for the first podcast of 2011 is Jurriaan Braat, a partner in Omni Bridgeway Holding BV, a privately held consulting firm in the Hague, Netherlands. Omni Bridgeway provides some ADR consulting services, but it is primarily involved in helping its clients address collecting foreign debt, including judgments, and foreign arbitration awards. The company's cross-border debt collection is often done by its partnering with award creditors on a contingency fee basis.
The podcast covers the vagaries of enforcement in different nations around the world, and where the trouble spots are.
Jurriaan says that the company is really just searching for settlement opportunities for its clients, noting that it collects its fees when it has cash-in-hand. He describes the science of enforcing an award, noting that it involves multiple approaches. He says, “You just have to find different angles that trigger your debtor to pop up out of the woods and say, . . . ‘I want to pay you.’”
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