Arthur D Little Ltd (in Administration) v Ableco Finance LLC: ChD 27 Mar 2002
The company was a subsidiary of two American companies, but was registered in Scotland. It charged its assets, but the charge was not registered in Scotland. On the insolvency of the company, the respondent chargee claimed it was a fixed charge not requiring registration. The administrators asserted that the charge was a floating charge and … Continue reading Arthur D Little Ltd (in Administration) v Ableco Finance LLC: ChD 27 Mar 2002