English court supports enforcement of arbitral award, granting worldwide injunction requiring disclosure of assets

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This morning, Mr Justice Field handed down his decision in the case of Cruz City 1 Mauritius Holdings v Unitech Limited and others [2013] EWHC 1323 (Comm), confirming the jurisdiction of the English courts to order a free-standing, worldwide disclosure injunction under section 37(1) of the Senior Courts Act 1981, to aid enforcement of an arbitration award against a recalcitrant defendant.

Helpfully, the High Court also ruled that service of an application made as an arbitration claim will “invariably” be permitted on a party’s English solicitors who acted in the arbitration if: (i) it would be quicker than other means; and (ii) the solicitors do not appear to have been disinstructed.

Please see full article below for more information.

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Topics:  Arbitration, Disclosure Requirements, EU, Injunctions, Shareholders

Published In: Alternative Dispute Resolution (ADR) Updates, Civil Procedure Updates, Civil Remedies Updates, International Trade Updates, Securities Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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