Freezing Injunction granted by the Chancery Division in a £1.25 million claim
Mr Justice Warren granted one of the world’s largest multi-national data telecommunications company a freezing injunction. The freezing injunction was granted against multiple companies and their directors in a £1.25 million claim. The claim involves alleged transactions defrauding creditors, contrary to s.423 and s.424 of the Insolvency Act 1986. The freezing injunction was initially granted urgently on a without notice basis, and then continued at an on notice hearing. Arfan Khan, instructed by a City Law firm, appeared for the successful Applicant at both hearings and is instructed in the claim by the same firm. The case is ongoing.