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Plant and machinery
Practical Law UK Legal Update Case Report 8-101-6162 (Approx. 4 pages)
Plant and machinery
The House of Lords has held that an unregistered charge is void against the chargor company in administration and not merely against the administrator and that security over plant and machinery will generally be construed as a floating charge if the chargor has a right to replace the plant and machinery in the ordinary course of business.
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Resource ID 8-101-6162© 2024 Thomson Reuters. All rights reserved.
Published on 03-Dec-2001
Resource Type Legal update: case report
Jurisdiction
Related Content- United Kingdom