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- Holding the purse strings: when third-party assets are captured by a freezing order
Holding the purse strings: when third-party assets are captured by a freezing order
Sam Clare and Felix Parker of Mishcon de Reya and Samuel Cuthbert of 4 New Square Chambers summarise a first-of-its-kind decision where the High Court held that asset freezing orders can apply to third-party assets which are not directly legally or beneficially owned by a respondent.