Mareva Injunctions Can Stop Fraudsters Cold
Mondaq Business Briefing › Canada Law Articles in English (2010)
Linked as:
Mondaq Business Briefing › Canada Law Articles in English (2010)
Linked as:Extract
Mareva Injunctions Can Stop Fraudsters Cold
Edited by Stephen Antle
The powerful "Mareva" injunction (or freezing order) is one of the most devastating weapons in the Canadian commercial litigation arsenal. Such an order prevents a party (usually an apparent fraudster) from removing, spending or dissipating assets during litigation to deprive the claimant of the benefits of a judgment. Claimants are well advised to consider applying for such an order before they become immersed in litigation involving fraud or other dishone...See the full content of this document
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