Earlier this week the Court of Appeal gave judgment in Organic Grape Spirit Ltd v Nueva IQT, SL [2020] EWCA Civ 999, an important decision on the scope of a freezing order and the extent to which it permitted within “the ordinary and proper course of businesses” – or should be amended to permit – a company to invest in a fledgling business. A summary of the decision has been published by the ICLR: see [2020] WLR(D) 443.
Article source: http://corporatelawandgovernance.blogspot.com/2020/07/uk-england-and-wales-companies-freezing.html