In bankruptcy proceedings involving the debtor, the court addressed two issues: post‑judgment interest on a foreign judgment and the proposed terms of a Mareva injunction in aid of execution.
The parties agreed that simple interest on the foreign judgment would run from April 20, 1998 to September 28, 1998 at 10% per annum, which the court ordered.
The moving party sought a broad Mareva injunction restricting the debtor’s dealings with assets and requiring extensive disclosure.
Given emerging concerns about the adequacy of disclosure by the moving party in earlier proceedings and the fact that the trial judge would be hearing additional evidence on sanctions, the court declined to rule on the Mareva relief and left the issue to the trial judge.