Patrick Hughes v Martin Bellamy & Ors
Given the recent undisclosed sale of assets by the third defendant, the lack of disclosure to the claimant, and the ongoing factual disputes in the Isle of Man unfair prejudice proceedings, there is sufficient risk of dissipation to justify a short-term injunction to preserve the assets of the second and third defendants until the return date. The American Cyanamid test is satisfied, and, if necessary, the freezing order test is also met on the facts.
Source excerpt
- Interim injunctions
- Unfair prejudice
- Asset preservation
- Jurisdictional support