ARTICLE
26 April 2016

The Granting Of Mareva Injunctions In Support Of Foreign Court Proceedings

D
Dentons
Contributor
In an increasingly interconnected and borderless world, Mareva injunctions in support of foreign court proceedings can play an important role in preserving assets which the defendant might otherwise dissipate for the purpose of avoiding satisfaction of the foreign judgment.
Singapore Litigation, Mediation & Arbitration
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In an increasingly interconnected and borderless world, Mareva injunctions in support of foreign court proceedings can play an important role in preserving assets which the defendant might otherwise dissipate for the purpose of avoiding satisfaction of the foreign judgment. However, there is some uncertainty as to whether the Singapore court has the power to grant such Mareva injunctions. There appears to be some conflict between the judgments given in this area. This article examines the jurisdictional requirements and existence of power for such Mareva injunctions.

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About Dentons

Dentons is the world's first polycentric global law firm. A top 20 firm on the Acritas 2015 Global Elite Brand Index, the Firm is committed to challenging the status quo in delivering consistent and uncompromising quality and value in new and inventive ways. Driven to provide clients a competitive edge, and connected to the communities where its clients want to do business, Dentons knows that understanding local cultures is crucial to successfully completing a deal, resolving a dispute or solving a business challenge. Now the world's largest law firm, Dentons' global team builds agile, tailored solutions to meet the local, national and global needs of private and public clients of any size in more than 125 locations serving 50-plus countries. www.dentons.com www.dentons.com.

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ARTICLE
26 April 2016

The Granting Of Mareva Injunctions In Support Of Foreign Court Proceedings

Singapore Litigation, Mediation & Arbitration
Contributor
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