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Re New Bullas Trading Ltd
''Re New Bullas Trading Ltd'' () 1 BCLC 485 is a UK insolvency law case, concerning the definition of a floating charge. It is outdated as authority, in light of the House of Lords decision in ''Re Spectrum Plus Ltd''.
==Facts==
New Bullas Trading Ltd granted a charge over book debts in favour of 3i plc. It said this was a fixed charge over the uncollected debts and a floating charge over their proceeds, which went into a designated bank account (or another one that 3i could specify in writing).
Knox J held this was impossible. He said there was a floating charge throughout, so the company’s preferential creditors were entitled in a receivership to priority under IA 1986 s 40 with regard to uncollected debts.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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