The WLR Daily case summaries
[2017] WLR (D) 523
Court of Appeal
Saw (SW) 2010 Ltd and another v Wilson and others
[2017] EWCA Civ 1001
2017 June 20; July 25
Arden, Briggs LJJ
Company— Debenture— Floating charge— Lender holding floating charge in respect of company’s property— Company granting further floating charge to another lender— First floating charge crystallising into fixed charge— Second lender appointing administrators— Whether administrators validly appointed—
Insolvency Act 1986 (c 45), Sch B1, para 14 (as inserted by Enterprise Act 2002 (c 58), s 248)