$200M+ foreclosure dispute: IFRS interpretation in arbitration

Our experts were appointed in arbitration proceedings regarding the interpretation of International Financial Reporting Standards (IFRS) in a dispute between a creditor (bank) and a borrower (mining company). The case concerned shares worth over $200M that came under the creditor’s control following foreclosure under a pledge agreement. Our team prepared a comprehensive report on the accounting issues and provided authoritative expert testimony during the hearings.