What is a freezing injunction? ============================== These used to be known as Mareva Injunctions and they prevent a party from disposing of assets or dealing with them in any way including hiding them or diminishing their value. The purpose of this order is to protect the assets until the case is finalised. The order has to state the maximum assets that are covered by the freezing order- it cannot be open-ended. These orders also generally only cover assets located in the England and Wales. These injunctions can be used by claimants that are arguing that the respondent has property in their possession that belongs to the claimant or where the claimant is concerned that the respondent will dispose of assets in order to frustrate any money judgment. Freezing injunctions are usually made without notice, since the element of surprise is usually needed to ensure that they are successful. The order takes effect as soon as it is granted and not just when it is served on the respondent. A freezing injunction will affect respondents in the following way: • Access to their bank accounts can be restricted • There is often a requirement to disclose and fully detail assets to the claimant within hours of the order being granted • Day-to-day business transactions become a lot harder to complete for the respondent A respondent is able to refuse to provide any information if it is likely to incriminate them in relation to a crime. However, it is advisable that you take legal advice before doing this to ensure it is the right approach. About Us -------- Ayesha VardagFounder & President "ROLLS ROYCE SERVICE FROM START TO FINISH" Vardags offer a unique approach to the law, specially tailored to the needs of HNW individuals. Our lawyers come from the very best universities and receive the very best training - they are determined, diligent, and dedicated to getting the best outcome... [read more](https://vardags.com/about-us) [BOOK FREE CONSULTATION](https://vardags.com/contact) What our clients say -------------------- Outstanding firm and of highest level of professionalism. I would highly recommend Vardags as best in class in what they do. Sandip Kotecha Do not think twice about engaging this firm, they have been nothing short of brilliant, and in my opinion you will not find better. Nicole Barnes Outstanding, cannot recommend this highly enough. Mark Curtis Nicola and the team are the best support you could ask for at the most difficult of times. As well as being knowledgeable, forward thinking, organised and hard-working, she has empathy and goes above and beyond for her clients. C Your care throughout was amazing. Christina Wolff I could write an essay on these amazing people, but I would simply say, if someone is taking undue advantage of you and trying to destroy your life, look no further. Rahul Verma OFFICES ------- [London](https://vardags.com/office/london "London") 020 7404 9390 [Cambridge](https://vardags.com/locations-we-serve/cambridge "Cambridge") 01223 855751 [Manchester](https://vardags.com/locations-we-serve/manchester "Manchester") 0161 464 4657 International 020 7404 9390 [Milan](https://vardags.com/it-it/copertura-territoriale/milano "Milan") +390282954578 [Florence](https://vardags.com/it-it/copertura-territoriale/firenze "Florence") +390282954578