Freezing
/ˈfriːzɪŋ/
Definitions
- (n.) A legal order that prohibits the disposal, transfer, or dealing with assets to preserve their value for a pending claim or dispute.
The court issued a freezing order to prevent the defendant from dissipating funds during the litigation.
Related terms
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Commentary
Often referred to as a 'freezing order' or 'Mareva injunction,' it is critical to specify the jurisdiction due to terminology variations.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.