Mayo Associates S.A. v Anagram (Bermuda) Ltd. [1995] JLR_Note 15c (18 January 1995)

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

More case intelligence is available

Unlock the full research layer for this judgment.

Full judgment text Downloadable case file Legal principles 1 Party arguments 2
Sign in to unlock

Parties

Mayo Associates S. A.

Applicant

Anagram (Bermuda) Ltd.

Respondent

Procedural Posture

Civil / Interlocutory

  1. 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