Cypriot bank’s freezing order effective immediately in UK under EU Judgments Regulation, Court of Appeal confirms

Cypriot bank’s freezing order effective immediately in UK under EU Judgments Regulation, Court of Appeal confirms

A Court of Appeal in London has said that a worldwide freezing order obtained in Cyprus by a bank in resolution measures became effective in the UK immediately upon registration by an English judge, in a case that raised “interesting and apparently novel questions” about what constitutes a “measure of enforcement” of a freezing order from another EU state.

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