- Worldwide freezing order in support of Swiss-seated ICC arbitration continued (A v B)
- What are the practical implications of this judgment?
- What was the background?
- What did the court decide?
- Case details
Arbitration analysis: Andrew Henshaw QC (sitting in the Commercial Court as a Judge of the High Court) continued a worldwide freezing order against defendants in support of ICC arbitration proceedings seated in Zurich, Switzerland. Despite the defendants’ objections to the continuation of the freezing order, and the court finding that the claimant’s presentation of a particular point during the without notice application was not full and fair, the court decided, among other matters, there was solid evidence for concluding that there was a real risk of dissipation of assets sufficient to merit granting the claimant the continued protection of the worldwide freezing order.
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