The Law Reports (Chancery Division)
[1987] Ch 200
[CHANCERY DIVISION]
In re
BRIGHTLIFE LTD.
[No. 005351 of 1985]
1986 July 17,
18;
24
Hoffmann J.
Company
— Debenture
— Floating charge on assets
— Notice to convert to specific charge
— Subsequent resolution for voluntary winding up of company
— Whether contractual notice effective to crystallise charge
— Whether preferential debts taking in priority to debenture-holder