April 14, 2016
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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