Ras Al Khaimah Investment Authority and others v Bestford Development LLP and others

Practice – Pre-trial or post-judgment relief. The Chancery Division dismissed the claimants' applications for orders freezing assets allegedly held by the defendant companies, following a failed attempt to develop property in Georgia. The court held that there was no real evidence that the defendants held the assets claimed in the English and Welsh jurisdiction, and that it was not satisfied that any order it made would be effective to freeze assets that the defendants might have in Latvia.

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