“…ce was approved by the Court of Appeal (Kerr, Neill and Nicholls LJJ) when considering world-wide Mareva injunctions in Babanaft International Co SA v Bassatne [1990] Ch 13. The court accepted that there was nothing to preclude English courts from granting Mareva type injunctions against defendants extending to assets outside the …”
“…one of the companies under the concession. The order included so-called Babanaft provisos, derived from the decision in Babanaft International Co SA v Bassatne [1990] Ch 13, the broad effect of which were that wholly foreign customers of the companies were not affected by the order except to the extent that it was declared enforce…”