Court grants freezing orders over claims Canadian firm reneged on deal with Dublin-based oil company

San Leon, with offices at Crampton Ave, Dublin 4, has alleged in the High Court that Ontario-based Tri Ri Asset Management has not honoured two agreements negotiated by the firms since October 2023. File Picture: AFP/Getty Images

San Leon, a Dublin headquartered oil and gas company, has been granted a short-term injunction freezing up to €50m in assets owned by a Canadian asset management company.

San Leon, with offices at Crampton Ave, Dublin 4, has alleged in the High Court that Ontario-based Tri Ri Asset Management has not honoured two agreements negotiated by the firms since October 2023.