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Concord Trust v The Law Debenture Trust Corporation plc: Difference between revisions
Concord Trust v The Law Debenture Trust Corporation plc (view source)
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{{cite|Concord Trust|The Law Debenture Trust Corporation plc|2004|EWCACiv|1001)}} (Court of Appeal) <br> | |||
{{cite|Concord Trust|Law Debenture Trust Corporation plc|2005|UKHL|27}} (House of Lords) | |||
In which the Court of Appeal considered the legal dynamics of [[bond]] [[acceleration]] where the bond [[issuer]] disputed the purported [[acceleration]]. The central issue in this case was whether the trustee was entitled to call for an {{tag|indemnity}} from the bondholders before accelerating the bonds. | In which the Court of Appeal considered the legal dynamics of [[bond]] [[acceleration]] where the bond [[issuer]] disputed the purported [[acceleration]]. The central issue in this case was whether the trustee was entitled to call for an {{tag|indemnity}} from the bondholders before accelerating the bonds. | ||