The Executive Committee of ACC Hong Kong invites you to the following presentation, hosted by W. K. To & Co.
TOPIC: Introduction and Practical Tips on Mareva Injunction
What should you do when your company is in litigation with another company and there is evidence that the other company is dissipating its assets in order to make itself “judgment-proof”? How your company may recover its assets when it is a victim of a fraud? Suppose you find your company’s bank accounts were “frozen” because your business partner has obtained an injunction from the Court and made allegations against your company. What your company may do in order to discharge the injunction or at least alleviate the hardship caused by the injunction? All these are topics for a Mareva Injunction.
A Mareva Injunction, also known as a freezing order, prohibits a defendant to deal with or dispose of his assets up to a specific limit. It has been described by the Court as a “nuclear weapon” in legal armoury given its draconian and intrusive nature.
This training course is designed to enhance the attendees’ knowledge of the core fundamentals of Mareva Injunction. The seminar will provide a quick guide to the law and practice relating to the application for a Mareva Injunction. The speakers will discuss the obligations owed by an applicant to the Court during the ex parte application for a Mareva Injunction and will also consider the consequences of a breach of those obligations. They will also go through the steps which may be taken by a defendant to challenge a Mareva injunction.
The seminar will cover:
1.5 Law Society of Hong Kong CPD points has been applied for. New York and California Approved Jurisdiction policy may apply.
SPEAKERS:
Vivian is the Partner of the Litigation and Dispute Resolution Department of W. K. To & Co.. She has extensive experience in civil and commercial litigation and arbitration, especially in handling cross-border disputes and cases involving commercial fraud, as well as cross border matrimonial disputes. She also specializes in a wide spectrum of cases including disputes among shareholders, directors or business partners as well as trademark infringement disputes and employment disputes. Vivian is recommended in the Legal 500 Asia Pacific 2017 and 2018 editorial in the field of Dispute Resolution.
Ronald focuses on Commercial Litigation and Domestic Arbitration and has extensive experience in contractual disputes, debt recovery actions, shareholders' disputes, winding-up and bankruptcy proceedings and employment disputes. Ronald also specializes in anti-money laundering and related compliance matters and delivers training to service providers and governing bodies regularly.
EVENT DETAILS:
If you have any suggestions for topics or speakers for future ACC HONG KONG events, please let us know at events@hkcca.net.
Please note this event is exclusively for ACC HONG KONG members. If you are not an ACC HONG KONG member but you want to attend this presentation, you need to successfully apply for membership at www.hkcca.net and pay the membership fee before registering for the event. If you have any membership queries, please contact ACC HONG KONG Secretariat on events@hkcca.net or (852) 2516 7007.
