Alliance Finance Limited v Capital Solutions Limited and Mark Jones

Mareva Injunction-Application for freezing order over monies help by financial institution on behalf of clients-Clients entered into agreement to assign beneficial interest in sums held by financial institution to second financial institution to which client is indebted-Second financial institution claiming to be beneficially entitled to such sums assigned-Financial institution refusing to pay-Whether second financial institution has an arguable case in trusts-Payments being made out to other clients from the fund-Whether such payment quality as dissipation of assets for the purpose of a freezing order