Securities and funds in court—charging orders, stop orders and stop notices

Published by a LexisNexis Dispute Resolution expert
Practice notes

Securities and funds in court—charging orders, stop orders and stop notices

Published by a LexisNexis Dispute Resolution expert

Practice notes
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This Practice Note is relevant if you are seeking to preserve the status quo and prevent (or be given notice of an intended) disposition of securities or prevent disposition of funds in court. Depending on the circumstances you can seek to do so by obtaining any of the following:

  1. a charging order over securities or over funds in court

  2. a stop order over securities or funds in court

  3. a stop notice over securities (you cannot obtain a stop notice over funds held in court)

Charging orders, stop orders and stop notices are governed by the Charging Orders Act 1979 (COA 1979), CPR 73 and CPR PD 73.

This Practice Note provides guidance on the interpretation and application of the relevant provisions of the CPR. Depending on the court in which your matter is proceeding, you may also need to be mindful of additional provisions—see further in the section: Court specific guidance below.

When would you apply for a stop order or stop notice rather than a charging order?

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Jurisdiction(s):
United Kingdom
Key definition:
Securities definition
What does Securities mean?

This is one of the groups of regulated investments defined in the regulated activities order (the other groups being identified as contractually based investments and others).

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