Lenkor Energy Trading Dmcc v Puri: ComC 9 Aug 2022

‘Angel Bell’ exception to world wide freezing order.

Judges:

Christopher Hancock QC

Citations:

[2022] EWHC 2113 (Comm)

Links:

Bailii

Jurisdiction:

England and Wales

Citing:

CitedIraqi Ministry of Defence and Others v Arcepey Shipping Co SA, The Angel Bell 1980
The court considered whether a defendant should be allowed to pay his debts as they fell due despite an asset freezing order.
Held: The Mareva jurisdiction should not ‘improve the position of claimants’. Rather, it should prevent the injustice . .
Lists of cited by and citing cases may be incomplete.

Litigation Practice

Updated: 02 September 2022; Ref: scu.680271