Geoff Brewer of Brewer Consulting considers the ownership of plant following receivership
Brewer, G
Geoff Brewer of Brewer Consulting considers the ownership of plant following receivership - 2001 - Contract Journal 411(6356) 5 December 2001, 21(1) .
Discusses the case "Smith (Administrator of Cosslett Ltd (contractors)) v Bridgend County Borough Council" which raised the issue of whether the ICE Conditions give effective transfer of title in constructional plant following the insolvency of the contractor. Considers the implication that the standard wording of the ICE Contracts does not transfer title to the employer but instead creates a 'floating charge' which will be ineffective unless registered under the Companies Act.
ICE FORMS OF CONTRACT
SMITH (ADMINISTRATOR OF COSLETT LTD (CONTRACTORS)) V BRIDGEND CBC
OWNERSHIP
TRANSFER OF TITLE
CONSTRUCTIONAL PLANT
Geoff Brewer of Brewer Consulting considers the ownership of plant following receivership - 2001 - Contract Journal 411(6356) 5 December 2001, 21(1) .
Discusses the case "Smith (Administrator of Cosslett Ltd (contractors)) v Bridgend County Borough Council" which raised the issue of whether the ICE Conditions give effective transfer of title in constructional plant following the insolvency of the contractor. Considers the implication that the standard wording of the ICE Contracts does not transfer title to the employer but instead creates a 'floating charge' which will be ineffective unless registered under the Companies Act.
ICE FORMS OF CONTRACT
SMITH (ADMINISTRATOR OF COSLETT LTD (CONTRACTORS)) V BRIDGEND CBC
OWNERSHIP
TRANSFER OF TITLE
CONSTRUCTIONAL PLANT