Normal Service Resumed? Another Look At Cayman Freezing Orders.
Mondaq Business Briefing › Nbr. 2011, January 2011
Linked as:
Mondaq Business Briefing › Nbr. 2011, January 2011
Linked as:Extract
Normal Service Resumed? Another Look At Cayman Freezing Orders.
Introduction
No sooner than Gillies-Smith1 appeared to rewrite the Cayman courts' approach to free-standing freezing orders (or Mareva injunctions), considerable doubt has been thrown on that decision. The recent judgment in VTB Capital Plc v Malofeev2 reemphasises the traditional principled objections to the grant of such free-standing freezing orders, particularly the issue of whether leave may be granted to serve a defendant outside the jurisdiction w...See the full content of this document
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