Legal News

Worldwide freezing orders and the extended definition of assets (FM Capital Partners v Marino)

Published on: 08 November 2018

Table of contents

  • What are the practical implications of this judgment?
  • What was the background?
  • What did the court decide?
  • Case details

Article summary

Dispute Resolution analysis: The Commercial Court varied a worldwide freezing order (WFO) granted after judgment so as to remove from its scope references to assets held by companies in respect of which the respondent was the sole shareholder. The judgment contains a detailed consideration of the scope of WFOs and the meaning of the Commercial Court standard form freezing order wording that extends the definition of ‘assets’ for the purposes of the order. Written by Christopher Snell, barrister at New Square Chambers.

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