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The potential complications of a freezing injunction (Ras Al Khaimah Investment Authority v Bestfort Development)

The potential complications of a freezing injunction (Ras Al Khaimah Investment Authority v Bestfort Development)
Published on: 02 August 2017
Published by: LexisPSL
  • The potential complications of a freezing injunction (Ras Al Khaimah Investment Authority v Bestfort Development)
  • Original news
  • What was the background to the case?
  • What were the grounds of appeal?
  • What did the court decide in relation to each ground and on what basis?
  • Existence of assets
  • Risk of dissipation
  • Expediency
  • Is the law now sufficiently clear on existence of assets?
  • What are the implications of the judgment for applicants seeking freezing injunctions?
  • More...

Article summary

Dispute Resolution analysis: When deciding whether to make a freezing injunction, what test should a court apply to determine whether the respondent in fact has assets that will be caught by the order? William Christopher, a partner in Kingsley Napley's dispute resolution team, considers the Court of Appeal's approach on that and other matters in Ras Al Khaimah Investment Authority v Bestfort Development. or take a trial to read the full analysis.

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