Securities Lending Contracts Mean What They Say.
Mondaq Business Briefing › Nbr. 2008, March 2008
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Securities Lending Contracts Mean What They Say.
And that - according to the Federal Court - is that the lender of securities loses all title and interest in the securities.
Accordingly, the borrower of securities is free to dispose of the securities to third parties - and, if the borrower is insolvent, the lender cannot demand the retu...See the full content of this document
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