In re Super Seconds v [1996] JLR 117 (18 April 1996)

In re Super Seconds v [1996] JLR 117 (18 April 1996)

The court considered whether the interest on a secured debt, specifically one secured by hypothec, is limited to three years or can extend for a longer period depending on the terms of the security and applicable law.

Citation
[1996] JLR 117
Parties
Applicant: Super Seconds
Jurisdiction
Jersey
Judgment Date
18 April 1996
Procedural Posture
Bankruptcy / Judgment
Legal Topics
Remise De Biens, Interest on Secured Debts, Hypothec

Case Brief

Summary, issues, holding and outcome

More case intelligence is available

Unlock the full research layer for this judgment.

Full judgment text Downloadable case file Legal principles 1 Party arguments 1
Sign in to unlock

Parties

Super Seconds

Applicant

Procedural Posture

Bankruptcy / Judgment

  1. 1 Whether interest secured by hypothec securing principal sum is limited to three years or for a longer period

Ratio Decidendi

The court considered whether the interest on a secured debt, specifically one secured by hypothec, is limited to three years or can extend for a longer period depending on the terms of the security and applicable law.