“…g from a Ukrainian law right of possession. Contrary to the submission of Mr MacDonald Eggers KC, there was no reason why the logic of Re Goldcorp Exchange Ltd [1995] 1 AC 74 and the test for whether there was a proprietary interest should apply to insurable interest. Mr Khurshid KC pointed out that, as set out in the Law Commission…”
“…The question in every case is whether the parties intended the money to be at the free disposal of the recipient: In re Goldcorp Exchange Ltd [1995] 1 AC 74, 100 per Lord Mustill. His freedom to dispose of the money is necessarily excluded by an arrangement that the money shall be used exclusively for the stated pu…”
“…the trust without identification of the particular chattels: see In re LondonWine Co (Shippers) Ltd [1986] PCC 121, In re Goldcorp Exchange Ltd(inreceivership) [1995] 1 AC 74 and In re Harvard Securities Ltd [1998] BCC 567.…”