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Siebe Gorman & Co Ltd v Barclays Bank Ltd [1979] 2 Lloyd's Rep 142 is a UK insolvency law case, concerning the definition of a floating charge. It was an influential decision for many years, but is now outdated as authority in light of the House of Lords decision in Re Spectrum Plus Ltd.
Punj Lloyd Limited is an Indian Engineering, procurement and construction (EPC) company providing services for energy, infrastructure and defense sectors. The company's operations are spread across the Middle East and Africa, [ 2 ] [ 3 ] Asia Pacific, South Asia and Europe.
Colin Gwyer & Associates Ltd v London Wharf (Limehouse) Ltd [2003] BCC 885 (also, Eaton Bray Ltd v Palmer) is a UK insolvency law and company law case concerning directors' duties. It recognized that directors owe fiduciary duties to creditors when a company is on the verge of insolvency.
This was a new provision in the Insolvency Act 1985, s 15. It contrasts with s 213 of the Insolvency Act 1986 in relation to fraudulent trading, which is derived from s 630 of the Companies Act 1985, itself derived (with some amendments) from s 332 of the Companies Act 1948, in turn derived from the
Re New Bullas Trading Ltd [1994] 1 BCLC 485 is a UK insolvency law case, concerning the definition of a floating charge. It held, somewhat controversially, that it was possible to separate a book debt from its proceeds, and that it was possible to create a fixed charge over the book debt but only a floating charge over the proceeds.
Insolvency, voidable transaction Coutts & Co v Stock [1999] EWHC 191 (Ch) , [2000] 1 WLR 906 is a UK insolvency law case, concerning voidable transactions. Facts
Agnew v Commissioners of Inland Revenue, more commonly referred to as Re Brumark Investments Ltd [2001] UKPC 28 is a decision of the Privy Council relating to New Zealand and UK insolvency law, concerning the taking of a security interest over a company's assets, the proper characterisation of a floating charge, and the priority of creditors in a company winding-up.
The case came before Vinelott J. The parties acknowledged that these issues had come before the courts several times, most notably in the leading cases of Aluminium Industrie Vaassen BV v Romalpa Aluminium Ltd [1976] 1 WLR 676, Re Bond Worth Ltd [1980] Ch 228 and Borden (UK) Ltd v Scottish Timber Products Ltd [1981] Ch 25. However counsel for ...