Bank Notes

  • Home
  • News
  • Administration
  • Agency and Mandate
  • Bonds and Notes
  • Cheques and bills
  • Companies
  • Confidentiality
  • Consumer credit
  • Contract
  • Conversion
  • Data Protection
  • Default and demand
  • Documentary credits
  • Fiduciary duties
  • Financial Services Regulation
  • Fraud and economic torts
  • Guarantees and indemnities
  • Hire and asset finance
  • Injunctions
  • Insurance
  • Joint and vicarious liability
  • Limitation
  • Mistake
  • Money Laundering
  • Negligence and Advisory Liability
  • Partnership
  • Procedure
  • Receivership
  • Security
  • Trust and Accessory Liability
  • Unjust enrichment


R – Risk of dissipation

 

22/5/20

LES AMBASSADEURS CLUB LTD v ALBLUEWI [2020] EWHC 1313 (QB)

Considers relevant principles in considering real risk of dissipation [30] and the duty of full and frank disclosure [66].  There had been material non-disclosures sufficient to discharge a worldwide freezing order and to refuse to re-grant an order.


19/10/15

METROPOLITAN HOUSING TRUST LTD v TAYLOR HOUSING LTD [2015] EWHC 2897 (Ch)

A freezing injunction was discharged as the court was not satisfied there was a real risk of dissipation.


24/6/13

UL v BK [2013] EWHC 1735 (Fam)

Reviews principles applicable to the grant of freezing orders, including the need to provide solid evidence of a risk of dissipation in the sense of an unjustified dealing with assets.  Considers when applications may be made without notice, and the need for cross-undertakings in damages.  Explains that documents unlawfully obtained by copying without permission must not be read by a solicitor but should be returned to the owner.  By failing to disclose the fact that documents had been unlawfully obtained, the applicant had breached the duty of candour required of applicants for freezing orders. 


2/8/12

LEGAL SERVICES COMMISSION v LONSDALES SOLICITORS [2012] EWHC 3311 (QB)

Risk of dissipation inferred from solid evidence of dishonesty.