Sentences with phrase «prevent dissipation of assets»

Interim measures are frequently required, including search and seizure orders and freezing injunctions, to prevent dissipation of assets prior to the issue of proceedings.

Recently, the courts of several Caribbean islands — long considered to be havens where funds could be stashed beyond the reach of creditors — have demonstrated they are prepared to take determinative action to prevent dissipation of assets that might respond to a prospective judgment from a foreign court.

Not exact matches

To support this, the team has wide experience in search and seizure orders, freezing injunctions, proprietary injunctions and other options to gain competitive advantage in a litigious situation and prevent the dissipation of a defendant's assets.

During the course of litigation, Laiken obtained a very broadly worded ex parte Mareva order freezing the assets of Sabourin and other named defendants which included enjoining any others «with knowledge of this Order» to «prevent the sale, disposition, withdrawal, dissipation, sale, assignment, dealing with, transfer, conveyance, conversion, encumbrance or diminishment» of the assets, specifically including money held in «trust accounts».