In a recent judgment, the Dutch Supreme Court ruled that a party who purchases and accepts the transfer of moveable assets subject to a retention of title acquires a right of conditional ownership with respect to those moveable assets and has the power to create an unconditional right of pledge over such right of conditional ownership.
Netherlands, Insolvency & Restructuring, Litigation, Stibbe, Bankruptcy, Condition precedent, Deed, Title retention clause, Supreme Court of the United States, Court of Appeal of England & Wales, Supreme Court of the Netherlands