 In its implementating Regulations, the United Kingdom opted to extend this remedy to all companies, provided that the arrangement in question allowed for the use of such remedy.In September 2005, Çukurova Holding AS, a large Turkish company, through its subsidiary Cukurova Finance International Ltd ("CFI"), borrowed US$1.352 billion from Alfa Telecom Turkey Ltd ("ATT", part of the Russian Alfa Group).The debt was secured in part by an equitable mortgage, governed by English law, over CFI's 51% interest in a British Virgin Islands company that indirectly held a controlling interest in Turkcell, the leading cellular network in Turkey.