The Mareva injunction (variously known also as a freezing order, Mareva order or Mareva regime), in
Commonwealth jurisdictions, is a
court order which freezes assets so that a
defendant to an
action cannot dissipate their assets from beyond the
jurisdiction of a court so as to frustrate a
judgment. It is named for Mareva Compania Naviera SA v International Bulkcarriers SA [1975] 2 Lloyd's Rep 509, decided in 1975, although the first recorded instance of such an order in English jurisprudence was Nippon Yusen Kaisha v Karageorgis in 1975, decided very shortly before the Mareva decision; however, in the UK the Civil Procedure Rules 1998 now define a Mareva order as a "freezing" order. It is widely recognised in other common law jurisdictions and such orders can be made to have world-wide effect. It is variously construed as part of a court's inherent jurisdiction to restrain
breaches of its process.
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