Asset freezing
Legal process preventing a defendant from moving their assets beyond a court's jurisdiction / From Wikipedia, the free encyclopedia
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For the freezing of economic resources relating to the enforcement of international sanctions or a nation's foreign policy, see International sanctions, Economic sanctions, and United States embargoes.
Asset freezing is a form of interim or interlocutory injunction which prevents a defendant to an action from dealing with or dissipating its assets so as to frustrate a potential judgment. It is widely recognised in other common law jurisdictions[1] and such orders can be made to have world-wide effect. It is variously construed as part of a court's inherent jurisdiction to restrain breaches of its process.