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  • English Court clarifies when an insolvency officeholder's cross-undertaking in damages can be limited

English Court clarifies when an insolvency officeholder's cross-undertaking in damages can be limited

Huguette Craggs of Taylor Wessing summarises a recent case that will be a welcome relief to insolvency officeholders who may be contemplating a combination of proprietary injunctions and worldwide freezing orders as part of their investigative powers, in particular regarding when the court is willing to limit cross-undertaking exposure through appropriate insurance arrangements.