Freezing Injunction in United Kingdom

Definition of Freezing Injunction

In accordance with the work A Dictionary of Law, this is a description of Freezing Injunction : An injunction, now consolidated in statute, that enables the court to freeze the assets of a defendant (whether resident within the jurisdiction of the English court or not). This prevents the defendant from removing his assets abroad and thus makes it worthwhile to sue such a defendant. The remedy is draconian and has become very popular, both in the commercial world and outside it; any person seeking the remedy, however, must himself disclose all material information to the court. Before the introduction of the Civil Procedure Rules in 1999, freezing injunctions were known as Mareva injunctions, from the case Mareva Campania Naviera SA. v International Bulkcarriers SA (1975).