Lloyd's Maritime Law Newsletter
A. v. B., X. Ltd. intervening - Q.B.D. (Parker J.) - 19 May 1983
Mareva injunction - Defendant willing to pay debt incurred to third party prior to injunction - Court must be satisfied that payment will not defeat underlying purpose of the injunction
On 24 September 1982 the plaintiffs obtained a Mareva injunction against the defendant in the usual form covering all the
defendant’s assets within the jurisdiction save to the extent that they exceeded $13.2 million. The plaintiffs also obtained
an order for an affidavit disclosing assets within the jurisdiction of certain descriptions including bank accounts or other
accounts on which he had drawing facilities. This affidavit declared a nil return except for four bank accounts with total
credits of about £8,000.