Hearings
England & Wales
23 May 1985 [1986] Ch 471; [1985] 3 WLR 610; [1985] 2 Lloyd's Rep 372; [1985] BCLC 327, Ch D (Nourse J)
In re Welsh Irish Ferries Ltd
Ships
Ugland Trailer
Additional names
The Ugland Trailer
Subject Matter
COMPANY — Charge — Registration — Charterparty giving owners lien on subfreight — Lien not registered — Registration of subsequent fixed charge on company's book debts — Whether lien or fixed charge taking priority — Companies Act 1948, s 95(1)
[1986] Ch 471; [1985] 3 WLR 610
SHIPPING — Charterparty — Time charter — Owner's lien on subfreights — Mortgage by charterer of all book debts — Mortgage registered under Companies Act — Owner's lien not registered — Receivers appointed of charterer — Charterer compulsorily wound up — Whether subfreight collected by receivers from shippers payable to owner or to mortgagees — Companies Act 1948, s 95(1)