What is the concept of mareva injunctions and how can it be used in international litigation?

Mareva injunctions are a type of court order used in international litigation law. They are used to prevent the transfer or dissipation of assets owned by a defendant that may be used to satisfy a judgment should the defendant be found liable. Specifically, the injunction prohibits the defendant from moving or disposing of their assets, even if they are located in another country. This ensures that a court can collect on any money owed to the plaintiff should they win their case. Mareva injunctions have been used in a number of international litigation cases in Massachusetts. For example, in 2017 the Supreme Court of Massachusetts issued a Mareva injunction in a case involving allegations of breach of contract. In this case, the plaintiff was seeking to move and preserve certain assets owned by the defendant. The Mareva injunction froze the defendant’s assets until the outcome of the case could be determined, meaning the defendant could not move or dispose of the assets while the case was ongoing. In short, a Mareva injunction is a powerful tool used in international litigation law. It enables a court to freeze a defendant’s assets located abroad until a judgment can be made, ensuring that the defendant cannot use those assets to avoid paying a judgment should the plaintiff prevail in the case.

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What is the concept of mareva injunctions and how can it be used in international litigation?

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