Chancery Division
In re Spectrum Plus Ltd (in liquidation)
[2004] EWHC 9 (Ch)
2003 Dec 16, 17;
2004 Jan 15
Sir Andrew Morritt V-C
CompanyDebentureCharge over book debtsCharge expressed to be “by way of specific charge”Company able to use proceeds of debts in course of businessWhether charge fixed or floating

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