Mareva Injunction Order For Sale

State:
Multi-State
Control #:
US-01009
Format:
Word; 
Rich Text
Instant download

Description

The Mareva injunction order for sale is a legal document issued by a court to prevent a party from disposing of assets while a case is pending. This order ensures that Plaintiffs do not suffer irreparable harm, particularly in situations involving imminent foreclosure sales. The form requires detailed information about the parties involved, the properties in question, and the bond amount necessary to issue the injunction. It serves to maintain the status quo and protect the interests of the Plaintiffs until the final judgment is reached. Filling out the form involves accurately providing details such as the jurisdiction, parties' names, and property descriptions. Thorough editing is essential to ensure all sections are completed correctly to avoid delays in legal proceedings. The target audience, including attorneys, partners, legal associates, paralegals, and legal assistants, will find this form useful in cases where asset preservation is critical. The form emphasizes the need for a hearing to validate the injunction and requires proof of notice to the Defendants, which all legal professionals must manage diligently to uphold the integrity of the legal process.
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FAQ

Also known as an asset freezing order or freezing injunction (formerly known as a Mareva injunction). An order preventing the disposal of assets by the respondent. Typically, a freezing injunction is sought to preserve the defendant's assets until judgment can be obtained or satisfied.

How to serve an injunction. Freezing orders/injunctions should be served personally upon the respondent immediately after the hearing along with the application, supporting evidence and notice of without notice hearing.

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.

Proprietary injunctions (or freezing orders) are different to Mareva injunctions. A Mareva injunction is designed to protect the applicant against the dissipation of assets against which he might otherwise execute judgment whether immediately or in the future.

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Mareva Injunction Order For Sale