High Court appoints receiver over foreign assets in order to enforce arbitration award | Practical Law

High Court appoints receiver over foreign assets in order to enforce arbitration award | Practical Law

In Cruz City 1 Mauritius Holdings v Unitech Limited and others [2014] EWHC 3131 (Comm), the High Court considered the principles for the appointment of receivers over foreign assets by way of equitable execution.

High Court appoints receiver over foreign assets in order to enforce arbitration award

Practical Law UK Legal Update Case Report 6-583-5993 (Approx. 5 pages)

High Court appoints receiver over foreign assets in order to enforce arbitration award

by Michael James, barrister and author
Published on 07 Oct 2014England, Wales
In Cruz City 1 Mauritius Holdings v Unitech Limited and others [2014] EWHC 3131 (Comm), the High Court considered the principles for the appointment of receivers over foreign assets by way of equitable execution.
Note: Permission to appeal this decision was refused by the Court of Appeal, see Cruz City Mauritius Holdings v Unitech [2015] EWCA Civ 338 (24 February 2015).