A rising trend in cross-border litigation sees claimants targeting State-Owned Enterprises (SOEs) to satisfy their home states’ liabilities, often linked to arbitration awards. Cases like the seizure of Petronas’ assets over Malaysia’s $15 billion liability and Pakistan International Airways’ board replacement due to a $6 billion claim highlight the serious risks SOEs face on a global scale.
To safeguard their assets, SOEs must adopt proactive protection strategies, including proper ownership structuring, strategic litigation responses, and defensive measures during enforcement actions. With expertise in international arbitration and litigation, GHP provides comprehensive support to help SOEs navigate these challenges and secure their global operations.