10 ENGLISH BOOKS RELATING TO «FLOATING CHARGE»
Discover the use of
floating charge in the following bibliographical selection. Books relating to
floating charge and brief extracts from same to provide context of its use in English literature.
1
Securities Over Personalty
1 THE MODERN FLOATING CHARGE John Chandler I INTRODUCTION This
chapter will look al the floating charge in its modern form as used in Australia and
comment on some of the legal dilemmas it creates. It is the writer's experience
that ...
The bank's charge was a floating charge. This meant that of the £1 13,000
collected by the liquidator, £16,000 had to be set aside for the preference
creditors. The bank was entitled to £97,000, not £113,000, as it ranked below the
preferential ...
Jon Rush, Michael Ottley, 2006
3
Project Finance: A Legal Guide
8-022 (g) The death of the featherweight floating charge. Prior to the coming into
force of Pt 10 of the Enterprise Act, lenders had developed the featherweight
floating charge as a means of ensuring that, although a borrower was
commercially ...
Graham D. Vinter, Gareth Price, 2006
4
Company Law and Secretarial Practice
Vs. Manila Railways, "A floating charge is ambulatory and shifting in its nature,
hovering over and, so to speak, floating with the property which it is intended to
affect until some event occurs, or some act is done, which causes it to settle and ...
5
Blackstone's Statutes on Company Law 2014-2015
(4) Interest accrues, in respect of a floating charge which after 16th November
1972 attaches to the property of the company, until payment of the sum due
under the charge is made. 464 Ranking of floating charges (1) Subject to
subsection (2), ...
6
Blackstone's Statutes on Company Law 2013-2014
(4) Interest accrues, in respect of a floating charge which after 16th November
1972 attaches to the property of the company, until payment of the sum due
under the charge is made. 464 Ranking of floating charges (1) Subject to
subsection (2), ...
7
Annotated Companies Legislation
CA85.12 and 176 of the Insolvency Act. In particular, section 175 has the effect
that preferential debts25 will be paid in priority to the claims of a holder of a
floating charge.26 Subsection (4) makes clear that interest accrues on a debt
secured ...
John Birds, Robert Miles, Robert Hildyard, 2010
8
A Text Book Of Company Law
(c) The company cannot create a second floating charge, over the same property,
having priority over the first floating charge. However, the subsequent pari pasu (
i.e., without any priority of one over the other) floating charge can be created ...
9
Sri Lanka Company Laws and Regulations Handbook
(6) Without limiting the provisions contained in subsection (3) of section 427,
where land owned by a company is subject to a floating charge and to a fixed
security which has been registered underthe Registration of Documents
Ordinance ...
Ibpus.com, International Business Publications, USA, 2008
10
Mayson, French & Ryan on Company Law
See further A Walters, 'Priority of the floating charge in corporate insolvency:
Griffiths v Yorkshire Bankplc' (1995) 16 Co Law 291. Where a company's property
is subject to two or more floating charges, crystallisation of one of them may
cause ...
Derek French, Stephen Mayson, Christopher Ryan, 2013
10 NEWS ITEMS WHICH INCLUDE THE TERM «FLOATING CHARGE»
Find out what the national and international press are talking about and how the term
floating charge is used in the context of the following news items.
Revenue's loss a gain for struggling firms - The Irish Times
“If the company fails, the bank can crystallise the floating charge and rank ahead of the preferential creditors, leading to increased certainty on ... «Irish Times, Jul 15»
Crystallisation of floating charges – Supreme Court decision
The Companies had entered into various debentures with Bank of Ireland (the Bank) in 2005 which included floating charge security over the ... «Lexology, Jul 15»
Banks create money while peer-to-peer lenders recycle it
The security, by the way, is a fixed and floating charge over the business — not a mortgage on the business owner's house, which is what ... «The Australian, Jul 15»
Banks win greater protection in company liquidations - The Irish Times
A floating charge, which applies generally to movable assets, ranks below preferential creditors in the event of a liquidation. The holder of a ... «Irish Times, Jul 15»
If banks are disrupted, who will create money?
The security, by the way, is a fixed and floating charge over the business – not a mortgage on the business owner's house, which is what banks ... «Business Spectator, Jul 15»
Pension fund could scupper Cumbrian firm's £8.2m takeover bid
... and to future accrual from existing members in April 30 2012, when its trustees were granted a floating charge over the company's assets. «News & Star, Jul 15»
Has Larry Howai bungled the CLF resolution?
Does this $11 billion claim to the statutory funds of the insurance companies not constitute a fixed and floating charge over the assets of the ... «Trinidad Guardian, Jul 15»
ATO garnishee notices and secured creditors
The prime example of this is when the lender holds a registered security interest over the circulating assets of the taxpayer (a floating charge in ... «Lexology, Jul 15»
When Worlds Collide: Reconciling Inventory Financing Principles …
If there is an event of default (howsoever that is defined), then the floating charge crystallises into a fixed charge over the inventory then in store ... «Mondaq News Alerts, Jul 15»
New pig breeding company buys ACMC assets from administration
This would come from what is known as the “prescribed part”, a proportion of a floating charge on the assets of a company in administration ... «FarmersWeekly, Jun 15»
