Interim Freezing Order Granted – USD17m

We are pleased to announce that today, the team at Loizides & Associates LLC successfully secured an interim freezing injunction before the District Court, freezing the assets of the Defendants pending the final determination of the action.

The underlying claim involves serious causes of action for fraudulent misrepresentation and/or deceit, with our clients seeking damages in the region of USD 17,000,000. Our clients are a British entrepreneur and owner of a multinational group of companies, along with Guernsey and Cypriot entities who have entrusted our firm with representing their interests in this high-stakes international commercial litigation dispute.

We remain committed to delivering strategic and effective legal solutions in complex and urgent matters.