Judgment
VTB Capital PLC v Konstantin Malofeev, Universal Telecom Management, Universal Telecome Investment Strategies Fund SPC - Judgment
FSD 0141/2011 (PCJ) · 2011-09-28
Application for Cayman freezing order in aid of English worldwide freezing order; Free‑standing injunctions; Service‑out under GCR O.11 r.1(1)(b); Distinction between jurisdiction to grant injunction and jurisdiction to serve out; Mercedes Benz v Leiduck applied; Leave to serve out refused; Chabra jurisdiction; “Black Swan” jurisdiction considered; Limited interim freezing relief granted against Cayman companies (non‑cause‑of‑action defendants) pending fuller argument; Strong emphasis on legislative reform
Full metadata
| Cause Number | FSD 0141/2011 (PCJ) |
|---|---|
| Court | CIGC (FSD) |
| Judge | Cresswell J |
| Parties | VTB Capital PLC v Konstantin Malofeev, Universal Telecom Management, Universal Telecome Investment Strategies Fund SPC - Judgment |
| Judgment Date | 2011-09-28 |
| Subject | Application for Cayman freezing order in aid of English worldwide freezing order; Free‑standing injunctions; Service‑out under GCR O.11 r.1(1)(b); Distinction between jurisdiction to grant injunction and jurisdiction to serve out; Mercedes Benz v Leiduck applied; Leave to serve out refused; Chabra jurisdiction; “Black Swan” jurisdiction considered; Limited interim freezing relief granted against Cayman companies (non‑cause‑of‑action defendants) pending fuller argument; Strong emphasis on legislative reform |
| Filename (current) | 11-09-28-VTB-Capital-PLC-v-Konstantin-Malofeev-et-al.pdf |
Legislation cited
| Statute | Sections cited | Mentions |
|---|---|---|
| Grand Court Rules - Vol I - Orders (subordinate) | 1(1) | 2 |
| Grand Court Act | 11 | 1 |
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