The Weekly Law Reports
[1979] 3 WLR 672
[COURT OF APPEAL]
BORDEN (U.K.) LTD. v. SCOTTISH TIMBER PRODUCTS LTD. AND ANOTHER
[1977 B. No. 5545]
1979 July 4,
5,
6,
9,
10
Buckley, Bridge and Templeman L.JJ.
Sale of Goods
— Implied term
— Obligation to account
— Conditions of sale of resin containing reservation of ownership clause
— Property not to pass to buyers until all outstanding debts paid
— Goods irrecoverably used in manufacture of new product
— Buyers in liquidation
— Whether sellers entitled to trace into new product
— Whether sellers having any charge on new product
— Whether such charge void for non-registration
—
Companies Act 1948 (11 & 12 Geo. 6, c. 38), s. 95