1887

oa De Rebus - Cessions of reversionary rights in book debts

 

Abstract

Cessions of book debts as security are commonplace instruments in the commercial world. What, however, is the precise legal standing of a cession to a creditor of the so-called ""reversionary"" rights or residual dominium of the cedent where the book debts as such have already been ceded to a first cessionary as security? The cedent is here endeavouring to cede as security to his second creditor, the residual value which may exist in his existing book debts after satisfaction of the debts due by him to his first creditor.

Loading

Article metrics loading...

/content/derebus/1983/191/AJA02500329_1129
1983-11-01
2016-12-09
This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error