Scope of a freezing injunction: extended definition of assets | Practical Law

Scope of a freezing injunction: extended definition of assets | Practical Law

The Supreme Court has held that the proceeds of a loan agreement were assets within the meaning of the extended definition in the Commercial Court standard form of freezing order because the respondent had the power to deal with or dispose of the assets.

Scope of a freezing injunction: extended definition of assets

Practical Law UK Articles 7-620-4002 (Approx. 3 pages)

Scope of a freezing injunction: extended definition of assets

by Herbert Smith Freehills LLP and Practical Law Dispute Resolution
Published on 26 Nov 2015 • United Kingdom
The Supreme Court has held that the proceeds of a loan agreement were assets within the meaning of the extended definition in the Commercial Court standard form of freezing order because the respondent had the power to deal with or dispose of the assets.