Receiver use nothing new

With regard to Andrew Pena's Litigator's View (The Lawyer, 7 October), the reason the decision in Soinco SACI & anor v Novokuznetsk Aluminium Plant & ors has received relatively little attention may well be because the appointment of a receiver by way of equitable execution over future debts is not in fact "ground breaking in the field of enforcement".

In October 1990, this firm acted for the judgment creditor in Fenton Insurance Company Ltd v Compania Anonima de Seguros Catatumbo when a receiver by way of equitable execution was appointed.

This firm has subsequently acted and advised in several other instances in relation to the appointment of a receiver by way of equitable execution as an aid to the enforcement of judgments, particularly relating to reinsurance.



Charles Russell

London EC3.