Civil Justice Reform: Freezing injunctions in aid of foreign proceedings
13 October 2011
As part of Hong Kong's Civil Justice Reform that commenced on 2 April 2009, parties in foreign proceedings became able for the first time to obtain interim freezing or "Mareva" injunctions in Hong Kong in aid of intended or actual foreign proceedings, without otherwise having a substantive, underlying claim in Hong Kong.1 An applicant can now freeze a party's Hong Kong assets in circumstances where there is a real risk of dissipation of those assets such that a judgment in favour of the applicant in the foreign Court would go unsatisfied.
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