Business, Legal & Accounting Glossary
A freezing order or Mareva injunction is a prohibitory injunction ordering the defendant not to dispose of or remove his assets from the jurisdiction prior to trial.
A freezing order will only be awarded where the claimant has a good arguable case, assets within the jurisdiction and there is a real possibility that they will be removed or dissipated (Derby & Co Ltd v Weldon 1990).
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This glossary post was last updated: 6th April, 2020 | 1 Views.