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Cukurova Finance International Ltd v Alfa Telecom Turkey Ltd
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Cukurova Finance International Ltd v Alfa Telecom Turkey Ltd : ウィキペディア英語版
Cukurova Finance International Ltd v Alfa Telecom Turkey Ltd





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is a leading case of the Judicial Committee of the Privy Council on the remedy of appropriation for security interests that was introduced into United Kingdom law under the ''Financial Collateral Arrangements (No.2) Regulations 2003'',〔 ("FCAR 2003")〕 which implemented the ''Financial Collateral Arrangements Directive''. Together with its related appeals on preliminary and subsequent issues, it has defined the scope of the remedy, as well as what equitable relief may be available. The case eventually came before the Privy Council on four separate occasions: one in relation to a preliminary issue, again in relation to the substantive hearing, a third time in relation to the terms of the relief, and finally in relation to application to vary the terms of the relief. The case has been called "the British Virgin Islands equivalent of ''Jarndyce v Jarndyce''".
==Background==


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