Mareva injunction
Filed Under: Remedies
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Source:
Mareva injunction takes its name from a decision of the English Court of Appeal in Mareva Compania Naviera S.A. v. International Bulkcarriers S.A., [1975] 2 Lloyd's Rep. 509 (C.A.). It is a particular type of injunction that allows a plaintiff to restrain a defendant from disposing or otherwise removing assets away from the court's jurisdiction pending the final resolution of the plaintiff’s action.