SAW (SW) 2010 Ltd v Wilson

Subject Matter

COMPANY — Debenture — Floating Charge — Company purporting to secure borrowing by creation of qualifying floating charge — Whether floating charge valid if company’s property already subject to fixed charge — Whether floating charge enforceable — Whether lender empowered to appoint administrators — Insolvency Act 1986 (c 45) (as amended by Enterprise Act 2002 (c 40), s 248, Sch 16), Sch B1, paras 14, 16

[2017] EWCA Civ 1001; [2018] Ch 213; [2018] 2 WLR 636; [2018] 1 BCLC 291; [2017] WLR (D) 523, CA

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