Better prospects for WFO claims in English courts

A recent case in the High Court suggests that English courts may be willing to impose a positive mandatory order requiring a defendant to transfer its assets into the jurisdiction when subject to a worldwide freezing order (WFO). This step shows a possible increase in the protection available to claimants. However, the hurdle to overcome in order to obtain a positive mandatory order of this type is high and it appears that several requirements must be met before the court may be willing to grant the order.

For more information, please see the extended article or contact our UK partners Sarah Hilton e: sarah.hilton@TLTsolicitors.com or Neil Meakin e: neil.meakin@TLTsolicitors.com at TLT LLP.

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