Lloyd's Maritime and Commercial Law Quarterly

Edited by Professor Francis D Rose

Document

FIXED AND FLOATING CHARGES

Re Brightlife Ltd.

Introduction

In this case,1 the liquidator of Brightlife Ltd. had realized assets of about £40,000 broken down as to nearly £18,000 from the collection of book debts, £19,000 standing to the credit of the company’s bank account, and £2,200 from the sale of stock.

1. [1986] 3 All E.R. 673.

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