A matter of trust: Australian court enforces interium measures to secure the amount in dispute

A recent judgment of the Supreme Court of Western Australia, Dalian Huarui Heavy Industry International Company Ltd v Clyde & Co Australia [2020] WASC 132 (available here), demonstrates that the use of interim measures to provide security for an amount in dispute can be a very powerful remedy when structured through the creation of a trust.

Filed under:
Australia, Singapore, Arbitration & ADR, Insolvency & Restructuring, Litigation, Herbert Smith Freehills LLP, Singapore International Arbitration Centre, Corporations Act 2001 (Australia)
Authors:
Brenda Horrigan , Chad Catterwell
Location:
Australia, Singapore
Firm:
Herbert Smith Freehills LLP