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JSC BTA Bank v Ablyazov [2015] UKSC 64
Manage episode 152727102 series 1069407
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A freezing order to the value of US$4 billion is placed over the assets in England and Wales of a Kazakhstani businessman. He then obtains loan facilities worth £10 million from companies in the British Virgin Islands. Are the loan facilities "assets" within the terms of the freezing order?
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