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Tuesday, 10 January 2012

Mareva Injucntion

Mareva Compania Naviera SA v International Bulkcarriers SA ( The Mareva), [1980] 1 All ER 213, per Lord Denning MR at p.215:
If it appears that the debt is due and owing, and there is a danger that the debtor may dispose of his assets so as to defeat it before judgment, the court has jurisdiction in a proper case to grant an interlocutory judgment so as to prevent him disposing of those assets.
Read more here:http://caselawquotes.net/M/MarevaInjucntion.html

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