Apricus Invs. v CIS Emerging Growth Ltd. [2003] JLR_Note 40 (03 September 2003)
- Status
- Judgment
- Jurisdiction
- Jersey
- Posture
- Arbitration Award Enforcement / Interlocutory
On this page
Professional case brief
Research organized from the available case record
01
Holding and result
Interim relief may be granted where there is a real risk that assets will be dissipated before enforcement of an arbitral award.
Court disposition
interim relief granted
Orders
- interim measures to prevent dissipation of assets pending enforcement
02
Material facts
Parties
Apricus Investments
ApplicantCIS Emerging Growth Ltd.
Respondent03
Procedural history
Posture
Arbitration Award Enforcement / Interlocutory
04
Questions and positions
Legal issues
- 01
Whether enforcement of an arbitration award should be granted
- 02
Whether there is a risk of dissipation of assets justifying interim relief
Party arguments
- Applicant
- Applicant seeks enforcement of an arbitration award and interim relief due to risk of dissipation of assets.
- Respondent
- Respondent opposes enforcement and/or interim relief, disputing risk of dissipation.
05
Court’s reasoning
Legal principles
- 01
general principles of arbitration enforcement
Courts may grant interim relief to prevent dissipation of assets pending enforcement of arbitral awards.
06
Ratio, limits and disposition
Ratio decidendi
Interim relief may be granted where there is a real risk that assets will be dissipated before enforcement of an arbitral award.
Court disposition
interim relief granted
- interim measures to prevent dissipation of assets pending enforcement
Source and reliance status
Official court record
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Judgment text
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Court record
Judgment
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BAILII >> Databases >> Jersey Law Reports >> Apricus Invs. v CIS Emerging Growth Ltd. [2003] JLR_Note 40 (03 September 2003) URL: https://www.bailii.org/je/cases/JLR/2003/JLR03N040.html Cite as: [2003] JLR_Note 40 [ New search ] [ Help ] Apricus Invs. v CIS Emerging Growth Ltd. 2003 JLR Note 40 (03 September 2003) Arbitration-award-enforcement-risk of dissipation of assets The document you wish to view is available to registered users or can be purchased as a PDF. To purchase this document in PDF format or alternatively to Register to purchase membership go to the Jersey Law website via this link: 2003 JLR Note 40 BAILII: Copyright Policy | Disclaimers | Privacy Policy | Feedback | Donate to BAILII URL: https://www.bailii.org/je/cases/JLR/2003/JLR03N040.html
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