Freezing injunctions, sometimes discussed under the Mareva label, are court orders aimed at restraining dissipation of assets pending determination of a claim. They are discretionary and fact-sensitive.
Applicants typically need a good arguable case, a real risk of dissipation, and workable asset particulars. Weak identification of accounts or property undermines urgency arguments.
Courts often require undertakings as to damages and prompt notice to respondents and third parties such as banks. Non-compliance with order terms can jeopardize the injunction.
This is general information, not a prediction that any court will grant relief. Local procedure, thresholds and cross-border effectiveness vary widely and require jurisdiction-specific advice.
Disclaimer: This article provides general information only. It is not legal advice and does not guarantee recovery in any matter.