Preliminary injunction

Preliminary injunction – this term is used in the Litigation procedure, where details the request of the claimant for placing a burden on the available assets of the defendant, in order to secure their claim. The role of the preliminary injunction is to keep the condition of these assets the same and unchanged (i.e. to avoid change in ownership), until there is court decision on the main civil claim. So, on a later stage, if the plaintiff wins the case, they can re-sell the seized assets (via the assistance of the local bailiff) to third parties and to collect their debt.

Posted in: P