Court underlines importance of full disclosure in freezing injunction cases
According to the ruling the claimants had obtained freezing injunctions against the defendants at a without notice hearing. At that hearing, the claimants relied on a report from an accountancy firm which had estimated that around $287 million had been directed to the defendants.
Litigation expert Jennifer Craven of Pinsent Masons, the law firm behind Out-Law.com, said in any without notice freezing order application it was the claimant's duty to make full and fair disclosure of all the material facts.
“However, the court is unlikely to be persuaded to set aside an application where it descends into a mini trial, for example, in relation to what had or had not been disclosed... www.goo.gl/yjyz8g