Article

Don't Bet on Unsupported Worldwide Order to Secure Assets

March 13, 2017
Authors
Lincoln CaylorPartner

The English Court of Appeal recently upheld an order freezing £4.4 million (US $5.35 million) allegedly obtained through a corruption scheme involving Chadian diplomats and a Canadian oil and gas company. In Saleh v. Serious Fraud Office, [2017] EWCA Civ 18, the court rejected the appellant's position: A Canadian court had conclusively declared that the assets were not proceeds of a crime. By dismissing this argument, the English court put foreign lawyers on notice that it will not be bound by sweeping orders rendered without the benefit of an adjudicative process.

Lincoln Caylor authored "Don't Bet on Unsupported Worldwide Order to Secure Assets" published in Law360.

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This publication provides an overview of legal trends and updates for informational purposes only. For personalized legal advice, please contact the authors.

Authors

Lincoln Caylor, Partner
Toronto  •   416.777.6121  •   caylorl@bennettjones.com