UK HIGH COURT: IMPORTANT REMINDER OF THE NEED FOR SOLID EVIDENCE OF A REAL RISK OF DISSIPATION TO CONTINUE A WORLDWIDE FREEZING ORDER

An article from RPC on 16 June said that the High Court has issued an important reminder of the need for solid evidence of a real risk that a respondent will take steps to dissipate their assets to frustrate a judgment in applications to continue a worldwide freezing order.  Evidence of dishonesty alone is not enough, and conduct falling short of dishonesty is less likely to suffice.

https://www.internationallawoffice.com/Newsletters/Litigation/United-Kingdom/RPC/Freezing-orders-risk-of-dissipation-Get-real

 

 

 

 

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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