STRONGHOLD INSURANCE CO. LTD. v. OVERSEAS UNION INSURANCE LTD.

[1996] LRLR 13

QUEEN’S BENCH DIVISION (COMMERCIAL COURT)

Mr. Justice POTTER:

Reinsurance - Mareva injunction - Application to set aside - Non-disclosure - Dispute between plaintiffs and defendants intended to be referred to arbitration - Allegation of risk of defendants dissipating assets - Mareva injunction granted - Whether risk existed - Whether plaintiffs failed to disclose material facts - Whether injunction should be set aside.