Voidable floating charge
In law, a voidable floating charge refers to a floating charge entered into shortly prior to the company going into liquidation which is void or unenforceable in whole or in part under applicable insolvency legislation. The effect of laws relating to voidable floating charges varies from jurisdiction to jurisdiction. Some countries simply provide that such charge are automatically void or not enforceable, In other jurisdictions, they are only voidable and an application must be made by a liquidator or creditor for the floating charge to be set aside.
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British Virgin Islands bankruptcy lawBritish Virgin Islands company lawCayman Islands company lawFloating chargeHong Kong insolvency lawLaw of the British Virgin IslandsRe New Bullas Trading LtdRe Spectrum Plus LtdRe Yeovil Glove Co LtdSiebe Gorman & Co Ltd v Barclays Bank LtdUndervalue transactionUnfair preferenceVulnerable floating charge
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Voidable floating charge
In law, a voidable floating charge refers to a floating charge entered into shortly prior to the company going into liquidation which is void or unenforceable in whole or in part under applicable insolvency legislation. The effect of laws relating to voidable floating charges varies from jurisdiction to jurisdiction. Some countries simply provide that such charge are automatically void or not enforceable, In other jurisdictions, they are only voidable and an application must be made by a liquidator or creditor for the floating charge to be set aside.
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In law, a voidable floating ch ...... ystallised into fixed charges.
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In law, a voidable floating ch ...... oating charge to be set aside.
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Voidable floating charge
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