Worldwide Freezing Order (WFO) is an English court order to freeze a debtor’s property worldwide. A positive judgment does not mean recovery. Courts or arbitrations can last for years, during which the debtor can withdraw money from the accounts. WFO solves this problem. Why Worldwide Freezing Order? The main things: WFO prohibits a debtor from withdrawing funds or selling assetsThe order is obtained in support of court proceedings or arbitrationWFO can be obtained in three…
