United Kingdom uncategorized

Re New Bullas Trading Ltd

[1994] 1 BCLC 485 (CA)

JurisdictionUnited Kingdom

CourtCourt of Appeal (England and Wales)

Year1994

StatusBinding authority

Key Principle

It was held to be possible to separate a book debt from its proceeds, creating a fixed charge over the uncollected debt but only a floating charge over the proceeds once collected.

Area of Law

Related Cases

Statoil ASA v Louis Dreyfus Energy Services LP [2008] EWHC 2257 (Comm); [2008] 2 Lloyd's Rep 685; [2008] 2 CLC 520

Statoil ASA v Louis Dreyfus Energy Services LP (The Harriette N) [2008] EWHC 2257 (Comm); [2008] 2 Lloyd's Rep 685; [2009] 1 All ER (Comm) 1035

R v Rahman [2008] UKHL 45; [2009] 1 AC 129; [2008] 3 WLR 264; [2008] 4 All ER 351

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