31 Mar 2004
CDC FINANCE & LEASING CORPORATION AND ANOTHER v. THE OWNERS AND/OR DEMISE CHARTERERS OF THE VESSEL M V "CONVENIENCE CONTAINER"
- Citation
- CDC FINANCE & LEASING CORPORATION AND ANOTHER v. THE OWNERS AND/OR DEMISE CHARTERERS OF THE VESSEL M V "CONVENIENCE CONTAINER"
- Court
- Court of First Instance
- Case number
- HCAJ207/2003
Taiwanese law (the law of CDC's incorporation) is relevant for assessing corporate capacity, but on the proper characterization Article 15 was a banning provision whose breach did not render the Facility Agreement void; therefore the Facility Agreement and the Mortgages remained operative and there was no basis to set aside the in rem Writs.