Aug 23, 2023 17:36
10 mos ago
11 viewers *
English term
WWFO
English to Arabic
Law/Patents
Law (general)
System
all the more since they were, and continue to be, deeply involved in the pattern of facts and actions that, in our Clients' view, both constitutes money laundering and is in direct breach of the WWFO.
Proposed translations
(Arabic)
5 +1 | أمر تجميد الأموال العالمي/أمر التجميد العالمي | Ahmed Gad El Rab |
Proposed translations
+1
11 hrs
Selected
أمر تجميد الأموال العالمي/أمر التجميد العالمي
A Worldwide Freezing Order (“WWFO”)
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19. The Bank issued proceedings against Renish and Mr Mehta (as well as Prime and another Defendant who is no longer party to the proceedings). A Worldwide Freezing Order (“WWFO”) was granted without notice on 2 August 2018 against Renish, Mr Mehta and Prime and was continued on 7 August without appearance by any Defendant. The Claim form was served in September 2018. Renish and Mr Mehta did not acknowledge service; Prime did acknowledge service, though late. Rather than apply for default judgment under RDC 13.4, which might have given rise to difficulties of enforcement against Mr Mehta in India, the Bank applied (with the permission of the court under RDC 24.4) for immediate judgment against Renish and Mr Mehta under RDC Part 24.1 so as to obtain what it considered was likely to be a more readily enforceable judgment “on the merits”.
https://www.difccourts.ae/rules-decisions/judgments-orders/c...
https://www.international-arbitration-attorney.com/ar/arbitr...
==
19. The Bank issued proceedings against Renish and Mr Mehta (as well as Prime and another Defendant who is no longer party to the proceedings). A Worldwide Freezing Order (“WWFO”) was granted without notice on 2 August 2018 against Renish, Mr Mehta and Prime and was continued on 7 August without appearance by any Defendant. The Claim form was served in September 2018. Renish and Mr Mehta did not acknowledge service; Prime did acknowledge service, though late. Rather than apply for default judgment under RDC 13.4, which might have given rise to difficulties of enforcement against Mr Mehta in India, the Bank applied (with the permission of the court under RDC 24.4) for immediate judgment against Renish and Mr Mehta under RDC Part 24.1 so as to obtain what it considered was likely to be a more readily enforceable judgment “on the merits”.
https://www.difccourts.ae/rules-decisions/judgments-orders/c...
https://www.international-arbitration-attorney.com/ar/arbitr...
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