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Insolvency practitioners – the dos and don'ts when applying for a freezing order in an insolvency situation

Lois Horne and Luke Chinniah of Macfarlanes summarise the Court of Appeal’s judgment in Hunt v Ubhi and provide useful guidance for insolvency practitioners seeking to obtain freezing orders, including in particular the importance of ensuring the adequacy of the cross-undertaking in damages and making full and frank disclosure in the application.