Writ of prevention

WRIT OF PREVENTION. This name is given to certain writs which may be issued in anticipation of suits which may arise. Co. Litt. 100. See Quia Timet.

References in periodicals archive ?
Braskem (NYSE: BAK); (BOVESPA: BRKM5); (LATIBEX: XBRK), leader in the thermoplastic resins segment in Latin America and second largest Brazilian industrial company owned by the private sector, announces that the plenary session of the Administrative Council for Economic Defense - CADE revoked the writ of prevention for the acquisition of Ipiranga Petroquimica and Ipiranga Quimica businesses by Braskem.
Braskem"), in compliance with the order contained in the writ of prevention NA* 087000.
The companies appreciate the concern that motivated CADE to issue the Writ of Prevention and have already started to prepare analyses and information to be submitted to CADE, demonstrating that the transaction would benefit competitiveness of the petrochemical sector and would consolidate the Brazilian fuel distribution market without causing any harm to consumer interests.