Where the subject of the security is a fund in court, the obtaining of a stop order relating to that fund1 gives the same priority as notice to the trustees with regard to funds in their hands2 and notice to the trustees is ineffectual3; but notice to the trustees before the payment of the fund into court continues to be effectual notwithstanding a stop order obtained by another incumbrancer
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and millions of others like it, sign-in to LexisLibrary or register for a free trial.
EXISTING USER? SIGN IN
TAKE A FREE TRIAL
0330 161 1234