A worldwide freezing order (WFO), formerly called a Mareva injunction, restrains a defendant from disposing, dealing, or diminishing the value of their assets wherever they are. These injunctions are available from an English court, but need to be enforced by a foreign court where the assets are located. This can be done only if the English court granting the WFO provides permission to enforce the WFO abroad.
July 31 2006
