The WLR Daily case summaries
[2020] WLR(D) 443
Court of Appeal
Nueva IQT SL v Organic Grape Spirit Ltd
[2020] EWCA Civ 999
David Richards, Newey, Arnold LJJ
2020 July 14; 28
Injunction— Freezing order— Assets— Dispute relating to alleged invalidity of loan contract before Spanish court— Defendant intending to use loan monies to pursue new business— Claimant obtaining worldwide freezing order in support of Spanish proceedings— Freezing order containing exception where defendant dealing or disposing of assets in ordinary and proper course of business but not when pursuing intended business— Whether defendant permitted to deal with or dispose of assets to pursue intended business outside ordinary course of business