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 | | Typically, this type of case may involve proceedings in the High Court of England and Wales as well as in other jurisdictions seeking, inter alia, a freezing order (dealing with assets within the jurisdiction and possibly worldwide); orders for disclosure; an inquiry; a proprietary claim against funds/assets within the jurisdiction; damages and other relief. |
 | | The policy of insurance also puts the defendant on notice that the claimant is in the litigation for the duration and cannot be subjected to political and/or financial pressure with regard to the costs being incurred, both in respect of own costs and in respect of contingent liability for the costs of the defendant. |
 | | Proceedings in Jurisdictions outside England and Wales There is no reason, in principle, why a policy of insurance cannot be written or extended to cover proceedings outside of England and Wales which involve tracing against the same defendant. |
| www.firstlegal.co.uk /aei.doc (1745 words) |