The court was asked whether the debts due to a former holder of a floating charge which, after the commencement of the liquidation of the company, releases its security, are ‘unsecured debts’ within section 176A.
Judges:
Roger Kaye QC J
Citations:
[2010] EWHC 2850 (Ch), [2011] BCC 93
Links:
Statutes:
Insolvency Act 1986 176A(2)(A)
Jurisdiction:
England and Wales
Insolvency
Updated: 22 July 2022; Ref: scu.439801