All posts by Jerome Stedman

In Michael Wilson & Partners Limited v John Forster Emmott, the Court of Appeal considered whether rental and loan payments fell within the “ordinary and proper course of business” exception to a freezing order. Background Michael Wilson & Partners Limited (“MWP”) is a company incorporated in the BVI that provides legal and business consultancy services, … Continue reading Rental and loan payments were not in breach of freezing order

On 17 July 2014, the European Account Preservation Order (“EAPO”) Regulation came into force.  It will apply in EU Member States except the UK and Denmark from 18 January 2017.  The EAPO is intended to provide an alternative to domestic remedies and permit creditors in one participating Member State to freeze the assets of debtors … Continue reading The European Account Preservation Order

In considering an application to vary the terms of a freezing order to, amongst other things, increase the amount of the respondents’ assets to be frozen, Mr Jeremy Cousins QC (sitting as a Deputy Judge of the Chancery Division) confirmed in Thevarajah v Riordan and others that there is a well-established practice of including an … Continue reading Freezing orders: High Court confirms practice of including element for costs in sum frozen