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Priority of charges

Language: English Series: Times ; 27 July 1992, L&T6(1)Publication details: 1992Subject(s): Summary: "Mortgage Corporation Ltd v Nationwide Credit Corporation Ltd" ChD 14 July 1992. The court had to decide the priority of unregistered charges. The first in time was held to have priority over the later charge, which had, however, been noted on the register whereas the first charge had not.

"Mortgage Corporation Ltd v Nationwide Credit Corporation Ltd" ChD 14 July 1992. The court had to decide the priority of unregistered charges. The first in time was held to have priority over the later charge, which had, however, been noted on the register whereas the first charge had not.