2016
DOI: 10.2139/ssrn.2911502
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A Dream Case?

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“…Finally, the subject matter of a defective transfer may not be property. 61 In a typical mistaken payment case, what is transferred is not a property right, but a personal claim against a bank. We do not 'own' the money in our bank accounts; we merely have a right, the same as an ordinary debtor's right, to be paid this money by the bank.…”
Section: Restitution As a Response To An Injusticementioning
confidence: 99%
“…Finally, the subject matter of a defective transfer may not be property. 61 In a typical mistaken payment case, what is transferred is not a property right, but a personal claim against a bank. We do not 'own' the money in our bank accounts; we merely have a right, the same as an ordinary debtor's right, to be paid this money by the bank.…”
Section: Restitution As a Response To An Injusticementioning
confidence: 99%