An asset freeze injunction, which is an order of the court preventing a defendant from transferring assets until the case against it concludes, is an effective tool in the litigation arsenal of a bankruptcy trustee or other...more
In a decision handed down on January 4, 2016, a New York Bankruptcy Court issued a preliminary injunction preventing the transfer of any assets of the Defendant in an adversary proceeding in which a turnover of monies, along...more