Mareva injunction

Mareva injunction,

Definition of Mareva injunction:

  1. A court order freezing a debtors assets to prevent them being taken abroad.

  2. Court order preventing a defendant from transferring assets until the outcome of the associated law suit is decided. Named after 1975 UK case Mareva Compania Naviera S.A. vs. International Bulk Carriers S.A. Also called freezing injunction, freezing order.

How to use Mareva injunction in a sentence?

  1. The ordinary Mareva injunction restricts a defendant from dealing with his own assets.

Meaning of Mareva injunction & Mareva injunction Definition