Mareva Injunction Order Withdrawn
Description
How to fill out Order Granting Preliminary Injunction?
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FAQ
A freezing order (formely known as Mareva injunctions) is an interim injunction prohibiting a potential defendant in criminal or civil litigation proceedings from dissipating assets. Typically, such an injunction is sought to preserve a defendant's assets until a judgment can be obtained.
A Mareva order, or freezing order, can freeze the assets of an individual or company Defendant to a Claim. The respondent to a freezing order, or Mareva order, application can also be a third party. Another party may be the respondent where that party: in any way controls assets of the Defendant(s); or.
Discharge the Injunction You can ask the court to take various steps to limit the impact of a freezing injunction, and if there are grounds to do so, the court may grant your request. You could ask the court to discharge the injunction, but if there are not grounds to do so, the court may agree to vary it instead.
A Freezing Order can be sought against assets within the jurisdiction (England and Wales) or more rarely abroad (by way of a Worldwide Freezing Order or WFO). Regularly encountered examples include: dissipating savings such as going on a spending spree.
Freezing orders, often referred to as injunctions or sometimes Mareva injunctions, is a type of court order that stops an individual from dealing with or disposing of their assets. Freezing injunctions are powerful tools for creditors looking to protect assets for recovery to repay substantial debts.