Mareva Compania Naviera v International Bulk Carriers (1975), the Court of Appeal established the "Mareva injunction", enabling creditors to freeze a debtor’s assets pre-judgment to prevent dissipation. This case enhanced creditors' protections, allowing preemptive measures against asset disposal.
Mareva Compania Naviera v International Bulk Carriers
Mareva Injunction: The case introduced the Mareva injunction, allowing courts to freeze a defendant's assets pre-judgment to prevent asset dissipation, providing creditors key protection against fraudulent removal of assets from the jurisdiction.
