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Insolvency: pitfalls for the unwary receiver

By: Language: English Series: Estates Gazette ; (9127) 13 July 1991, 74-132(2)Publication details: 1991Subject(s): Summary: With reference to the case Re Croftbell (1990) BCLC 844, this article discusses the use of floating charges by lenders to property companies to frustrate the making of administrative orders and the implications for surveyors appointed as receivers .

With reference to the case Re Croftbell (1990) BCLC 844, this article discusses the use of floating charges by lenders to property companies to frustrate the making of administrative orders and the implications for surveyors appointed as receivers .