Grounds
Assessed the stated legal and compliance basis for the asset freeze.
Client matter · Banking
Frozen Assets at a Canadian Bank
Assets held at a Canadian bank had been frozen. The assignment was to establish the legal basis and organise a clear route for engagement with the bank.
Supported result
The client received a legal strategy and representation in communications with the bank concerning the frozen assets.
The starting point
What happened
- The client's assets had been frozen by a Canadian bank.
- The legal basis for the restriction and the available response options required assessment.
- Communications with the bank needed to be handled on the client's behalf.
Immediate legal issue
Strategy
Set out a practical sequence of actions and supporting arguments.
Response route
ReviewReviewed the circumstances, correspondence and available documents.
Legal positionDeveloped a reasoned strategy based on the identified grounds and options.
Bank engagementPrepared and handled communications with the bank.
RepresentationRepresented the client's interests throughout the engagement process.
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