Cross-undertaking in damages: assessment of loss

The judgment of Mr Justice Males in Fiona Trust & Holding Corporation v Privalov and others helpfully illustrates the courts’ approach to assessing whether a defendant has suffered loss as a result of an incorrectly granted freezing order, for the purpose of enforcing the claimant’s cross-undertaking in damages. The decision confirms that the court should…

via Cross-undertaking in damages: assessment of loss — The Injunctions Blog

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