We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Don't Bet On Unsupported Worldwide Order To Secure Assets

Law360, New York (March 13, 2017, 11:17 AM EDT) -- The English Court of Appeal recently upheld an order freezing £4.4 million (US $5.35 million) allegedly obtained through a corruption scheme involving Chadian diplomats and a Canadian oil and gas company. In Saleh v. Serious Fraud Office, [2017] EWCA Civ 18, the court rejected the appellant’s position: A Canadian court had conclusively declared that the assets were not proceeds of a crime. By dismissing this argument, the English court put foreign lawyers on notice that it will not be bound by sweeping orders rendered without the...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.