FRESCHETTE LIMITED v (1) ENEGIX LIMITED LIABILITY PARTNERSHIP; (2) PRIME CAPITAL RE ALAKOL LIMITED LIABILITY PARTNERSHIP; (3) PRIME CAPITAL REAL ESTATE LIMITED LIABILITY PARTNERSHIP; (4) QAZ-AK-KUS LIMITED LIABILITY PARTNERSHIP

The Claimant applied for an order to arrest the Defendant’s assets up to the value of the claim, arguing that the pledged properties might be insufficient to satisfy it and that there was a risk of dissipation of assets. The Defendant opposed the application, stating that there was no evidence of asset dissipation and that the pledged properties provided adequate security. The Court refused to grant the freezing injunction at this stage, pending valuation of the pledged properties. Download PDF