Clog on the equity of redemption

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A word about credit risk mitigation

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Giving the lie to the old saw that civil law tradition favoured by our continental cousins isn’t clever enough to separate legal and beneficial ownerships comes this proof that a fundament of the law of equity has its origins in Netherlands. For otherwise it would be sneakers on the equity of redemption, wouldn't they.

Clogs on the equity of redemption (obscured)