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Cukurova in the Court of Appeal

Benjamin, Joanna (2008) Cukurova in the Court of Appeal. Insolvency intelligence, 21 (7). pp. 105-106. ISSN 0950-2645

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Abstract

Comments on the decision of the British Virgin Islands Court of Appeal in Alfa Telecom Turkey Ltd v Cukurova Financial International Ltd on whether a company that held equitable charges over the shares of another under UK law, including a power of appropriation, validly exercised that power when it gave notice of appropriation but took no other operational steps. Notes the court's analysis of whether the relevant EC legislation required a functional approach to the principle of uniformity, whether appropriation in equity was possible and whether appropriation required only a mental process.

Item Type: Article
Official URL: http://www.sweetandmaxwell.co.uk/Catalogue/Product...
Additional Information: © 2008 Sweet & Maxwell
Uncontrolled Keywords: Appropriation, British Virgin Islands; equitable charges; financial collateral arrangements; insolvency; notice; uniformity
Library of Congress subject classification: H Social Sciences > HF Commerce
H Social Sciences > HG Finance
K Law > K Law (General)
Journal of Economic Literature Classification System: G - Financial Economics > G1 - General Financial Markets > G15 - International Financial Markets
G - Financial Economics > G3 - Corporate Finance and Governance > G34 - Mergers; Acquisitions; Restructuring; Corporate Governance
Sets: Departments > Law
Collections > Economists Online
Rights: http://www.lse.ac.uk/library/rights/LSERO.htm
URL: http://eprints.lse.ac.uk/39510/

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