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Lloyd's Maritime Law Newsletter

Babanaft International Company S.A. v. Bassatne and another - Court of Appeal (Kerr, Neill & Nicholls L.JJ.) - 30 June 1988

Granting “Mareva”-type injunctions over foreign assets

On 29 March 1988 the plaintiff obtained judgment against the defendants. The plaintiff applied for an order pursuant to Order 48 of the Rules of the Supreme Court for the attendance of the defendants to be orally examined as to their assets available to meet the judgment debt and the production of relevant documents, and also for an injunction restraining the defendants from disposing of any of their assets wherever situate pending payment of the sums due to the plaintiff.

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