An ex parte Mareva injunction was set aside due to the plaintiff's failure to provide full, fair, and frank disclosure of material facts.
Ms. Chang moved to set aside a Mareva injunction previously granted against her, alleging that the plaintiff, Maxjoyce Express Inc., failed to provide full, fair, and frank disclosure of material facts during the ex parte application for the injunction.
The court found that Maxjoyce's representative, Mr. Deng, intentionally omitted and misrepresented several material facts, including his own unauthorized withdrawals of funds, Ms. Chang's directorship, and her explicit refusal to consent to fund transfers.
The court concluded that these were not mere 'sloppy' errors but material facts that should have been disclosed.
Consequently, the Mareva injunction was set aside.
SCJSuperior Court of JusticeSep 25, 2018