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What is Delaware Sequestration Jurisdiction Case about?

This document summarizes a court case regarding a dispute over shares of stock in a Delaware corporation that had been pledged as collateral for a loan in Florida. The court held that under Florida law, where the loan transaction took place, the defendant/debtor retained certain rights in the collateral even though it had been pledged, including the right to return of the collateral if the loan was repaid. The court also held that under Delaware law, these retained rights constituted a property interest tha

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Scribd Government Docs

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EN