Jenner & Block

“Prevention of Asset Stripping: Worldwide Freezing Orders,” The Guide to Challenging and Enforcing Arbitration Awards

In this chapter, Jenner & Block Partners Charlie Lightfoot and James S. Woolrich and Associate Michaela M. Croft examine worldwide freezing orders.  Such orders can be a tool to restrain respondents from stripping themselves of assets in an effort to make any potential arbitration award unenforceable.  The chapter focuses on the well-established jurisdiction of the English courts to grant such relief, which has been cited as one reason why parties might choose London as the legal seat for their arbitrations.  Published by Global Arbitration Review, the guide offers practical advice on challenging and enforcing awards.