Index card In re Spectrum Plus Ltd

Hearings

England & Wales

15 Jan 2004 [2004] EWHC 9 (Ch); [2004] Ch 337; [2004] 2 WLR 783; [2004] 1 All ER 981, Ch D

26 May 2004 [2004] EWCA Civ 670; [2004] Ch 337; [2004] 3 WLR 503; [2004] 4 All ER 995, CA

30 Jun 2005 [2005] UKHL 41; [2005] 2 AC 680; [2005] 3 WLR 58; [2005] 4 All ER 209; [2005] 2 Lloyd's Rep 275, HL(E)

Additional names

National Westminster Bank plc v Spectrum Plus Ltd

Subject Matter

COMPANY — Debenture — Charge over book debts — Charge expressed to be “by way of specific charge” prohibiting disposal of book debts and requiring proceeds to be paid into account with chargee bank — Bank permitting company to draw proceeds of debts from account to use in course of business subject to restrictions — Whether charge fixed or floating

[2004] Ch 337; [2005] 2 AC 680; [2004] 2 WLR 783; [2004] 3 WLR 503; [2005] 3 WLR 58

JUDICIAL PRECEDENT — Court of Appeal decision — How far binding — Court of Appeal authority disapproved by Privy Council — Whether Court of Appeal authority binding

[2004] Ch 337; [2004] 3 WLR 503

JUDICIAL PRECEDENT — House of Lords decision — Effect — House of Lords overruling previous decision of lower court — Whether jurisdiction to overrule prospectively only

[2005] 2 AC 680; [2005] 3 WLR 58

Appellate History

In re Spectrum Plus Ltd [2004] EWHC 9 (Ch); [2004] Ch 337; [2004] 2 WLR 783; [2004] 1 All ER 981, Ch D

Decision of Sir Andrew Morritt V-C reversed

In re Spectrum Plus Ltd [2004] EWCA Civ 670; [2004] Ch 337; [2004] 3 WLR 503; [2004] 4 All ER 995, CA

In re Spectrum Plus Ltd [2004] EWHC 9 (Ch); [2004] Ch 337; [2004] 2 WLR 783; [2004] 1 All ER 981, Ch D

Decision of Sir Andrew Morritt V-C restored

In re Spectrum Plus Ltd [2005] UKHL 41; [2005] 2 AC 680; [2005] 3 WLR 58; [2005] 4 All ER 209; [2005] 2 Lloyd's Rep 275, HL(E)

In re Spectrum Plus Ltd [2004] EWCA Civ 670; [2004] Ch 337; [2004] 3 WLR 503; [2004] 4 All ER 995, CA

Decision of the Court of Appeal reversed

In re Spectrum Plus Ltd [2005] UKHL 41; [2005] 2 AC 680; [2005] 3 WLR 58; [2005] 4 All ER 209; [2005] 2 Lloyd's Rep 275, HL(E)