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| Re Harvard Securities Ltd ： ウィキペディア英語版 |
Re Harvard Securities Ltd
''Re Harvard Securities Ltd'' () (EWHC Comm 371 ) is an English trusts law case, concerning the certainty of subject matter in a trust.
==Facts==
The liquidator of Harvard Securities Ltd, a stockbroking company, applied under the Insolvency Act 1986 section 112 to determine whether the company or its clients held a beneficial interest in shares of which the company held possession. Harvard Securities business was buying blocks of Australian or US shares, which it sold onto clients in parcels. It retained legal title of the shares, as a nominee for each client. But the parcels were not registered individually in the names of the clients. The company then went insolvent. It was also necessary to determine the applicable law. If the clients had a beneficial interest in the shares, it meant that they would not be available for the liquidator.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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