Nomihold Securities Inc v Mobile Telesystems Finance SA [2011] EWCA Civ 1040; [2011] WLR (D) 278
“Where a freezing order bound a party against whom an arbitral award had been made the position was not directly analogous to that of a ‘judgment debtor’ when the question fell to be determined whether the party owing the sum awarded should be permitted to make a payment out to a third party.”
WLR Daily, 1st September 2011
Source: www.iclr.co.uk