Does a mareva injunction need to be interpreted in context of the transfer of assets?
British Columbia, Canada
The following excerpt is from Schaefer v. Fisher, 1997 CanLII 1692 (BC SC):
Spencer J., in Girocredit Bank v. Bader (6 March 1996) Vancouver, C960848 (B.C.S.C.) found that the transferring of assets by the defendants in that case was not something which the defendants resorted to only after the fraud in which they were accused of having participated was discovered, and that this fact placed the appropriateness of the mareva injunction in a different light.
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