To obtain a freezing injunction, which requirements must the applicant satisfy?
Answer and explanation
Correct answer: B. A good arguable case, assets within the jurisdiction or a real risk of dissipation, and a cross-undertaking in damages
- Step 1: A freezing injunction restrains a respondent from dissipating assets pending judgment.
- Step 2: The applicant must show a good arguable case, a real risk that a judgment will go unsatisfied because assets will be dissipated, and give the cross-undertaking.
Answer
A good arguable case, assets within the jurisdiction or a real risk of dissipation, and a cross-undertaking in damages.
Why not the others: The standard is a good arguable case rather than proof; no conviction is required; the applicant need not show assets have already been moved.
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