Mayo Associates S.A. v Anagram (Bermuda) Ltd. [1995] JLR_Note 15c (18 January 1995)
The court held that inconvenience or failure to understand the terms of a Mareva injunction does not excuse breach and warrants penalty.
- Parties
- Applicant: Mayo Associates S. A.; Respondent: Anagram (Bermuda) Ltd.
- Jurisdiction
- Jersey
- Judgment Date
- 18 January 1995
- Procedural Posture
- Civil / Interlocutory
- Outcome
- penalty imposed for breach of Mareva injunction
- Legal Topics
- Mareva Injunction, Penalty for Breach
Case Brief
Summary, issues, holding and outcome
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Parties
Mayo Associates S. A.
Applicant
Anagram (Bermuda) Ltd.
Respondent
Procedural Posture
Civil / Interlocutory
Legal Issues
- 1 Whether inconvenience or failure to understand terms excuses breach of Mareva injunction
Ratio Decidendi
The court held that inconvenience or failure to understand the terms of a Mareva injunction does not excuse breach and warrants penalty.
Court Disposition
penalty imposed for breach of Mareva injunction
Orders
- Penalty for breach of Mareva injunction
Full Case Text
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