What
Blockchain networks allow consumers and businesses alike to enter transactions with each other across the world using cryptocurrency. Many of these transactions present numerous advantages over their traditional counterparts, such as decentralisation (transactions can be executed, documented and registered without the need for any centralised authority), immutability (once blockchain transactions become validated on the network, the chain of data is assembled and becomes irreversible) and anonymity (blockchain‘s private key encryption allows for anonymous and pseudonymous exchanges).
Despite the various advantages of blockchain, parties can still find themselves in disagreement with one another and disputes may arise. Тhe following key considerations under which a crypto dispute may arise have to be taken into account:
- Whether the contract was validly formed
- The parties (involved and obligated under the contract)
- Fulfilling contractual performance
- The type of digital assets concerned
- Fraud/misrepresentation
- The applicable law and competent jurisdiction for the dispute
- Consumer protection across jurisdictions
- Enforceability of court judgments
- Ownership of crypto assets
These considerations make it crucial having experienced advisors who understand the complexity of blockchain related matters and know how to successfully resolve disputes in any situation.
How
From fraud and asset tracing, restructuring, debt claims, shareholder fund disputes; to regulatory, IP and estate planning concerns; many established areas of litigation can address disputes concerning digital assets. Our team successfully combines market-leading legal expertise with the necessary technical knowledge of digital assets, including NFTs and cryptocurrencies, to effectively support our clients. With a strong track record of supporting clients across a range of disputes in various jurisdictions, our specialists are in the position to provide a full business end-to-end service.
We work on matters for parties all over the world. Our lawyers are experienced in traditional court litigation, which usually involves injunction applications, investigatory and discovery procedures; and arbitration proceedings, which also involves arbitral awards in court after the dispute is concluded.
Blockchain networks allow consumers and businesses alike to enter transactions with each other across the world using cryptocurrency. Many of these transactions present numerous advantages over their traditional counterparts, such as decentralisation (transactions can be executed, documented and registered without the need for any centralised authority), immutability (once blockchain transactions become validated on the network, the chain of data is assembled and becomes irreversible) and anonymity (blockchain‘s private key encryption allows for anonymous and pseudonymous exchanges).
Despite the various advantages of blockchain, parties can still find themselves in disagreement with one another and disputes may arise. Тhe following key considerations under which a crypto dispute may arise have to be taken into account:
- Whether the contract was validly formed
- The parties (involved and obligated under the contract)
- Fulfilling contractual performance
- The type of digital assets concerned
- Fraud/misrepresentation
- The applicable law and competent jurisdiction for the dispute
- Consumer protection across jurisdictions
- Enforceability of court judgments
- Ownership of crypto assets
These considerations make it crucial having experienced advisors who understand the complexity of blockchain related matters and know how to successfully resolve disputes in any situation.
From fraud and asset tracing, restructuring, debt claims, shareholder fund disputes; to regulatory, IP and estate planning concerns; many established areas of litigation can address disputes concerning digital assets. Our team successfully combines market-leading legal expertise with the necessary technical knowledge of digital assets, including NFTs and cryptocurrencies, to effectively support our clients. With a strong track record of supporting clients across a range of disputes in various jurisdictions, our specialists are in the position to provide a full business end-to-end service.
We work on matters for parties all over the world. Our lawyers are experienced in traditional court litigation, which usually involves injunction applications, investigatory and discovery procedures; and arbitration proceedings, which also involves arbitral awards in court after the dispute is concluded.
