What happens when purloined assets are divided, layered through offshore structures and moved across borders faster than most legal systems are designed to follow?
Austrian civil law provides real tools to fight back, including vindication claims, interim injunctions, and cross-border enforcement via EU instruments such as the EAPO (European Account Preservation Order). Yet, practitioners regularly hit walls: strict banking secrecy, limited pre-trial discovery and the growing complexity of tracing and securing crypto assets before they vanish for good.
Bettina Knoetzl, Thomas Voppichler and Felix Eggenburg break down this entire landscape for Legal 500’s Comparative Guide on Asset Tracing & Recovery, addressing both the civil law foundations and the reforms shaping asset recovery practice in Austria.
Read the full chapter here: Link