Bank and Clients plc v King and another

Practice – Pre-trial or post-judgment relief. The claimant bank's applications for summary judgment and a freezing injunction against the defendants were allowed. The Commercial Court held that the defendants had no real prospect of successfully defending the claims against them, and each defendant was liable to the bank under the relevant personal guarantee. They had adopted what could be charitably called a wholly cavalier attitude when providing information to the bank about the value of their assets, and the just and convenient course was to grant a freezing injunction in essentially the terms sought by the bank.

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