A freezing order is a specific type of injunction and has been referred to as a “nuclear weapon”. You are most likely to seek a freezing order to prevent the defendant in a proposed or existing action from disposing of its assets to avoid paying any eventual judgment.
The purpose of a freezing order is to preserve the defendant’s assets until judgment can be obtained or enforced.
All types of assets can be frozen, including bank accounts, shares, motor vehicles and land. Orders can be obtained in respect of assets either within England and Wales or worldwide.
A freezing injunction affects not only the defendant, but also third parties, who must not breach the terms of the order, or help or permit the defendant to do so.
Our specialist team will help you decide if a freezing order is available to you and if it is, will ensure the application for and execution of the order is undertaken to the highest standards.