ABFA Commodities Trading Ltd v Petraco Oil Company SA (Re Consequential Matters) [2024] EWHC 706 (Comm) (27 March 2024)
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ABFA Commodities Trading Ltd v Petraco Oil Company SA (Re Consequential Matters) [2024] EWHC 706 (Comm) (27 March 2024)
A designated person had no legal or equitable interest in money held in escrow. Pending an order of the court, the designated person had had an equity of redemption which might, if the court so ordered be paid out, but was extinguished when the court ordered payment out to another party.
See here.
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