United Kingdom uncategorized

Siebe Gorman & Co Ltd v Barclays Bank Ltd

[1979] 2 Lloyd's Rep 142 (Ch D)

JurisdictionUnited Kingdom

CourtHigh Court (Chancery Division)

Year1979

StatusBinding authority

Key Principle

A charge expressed as a fixed charge over book debts, coupled with restrictions requiring proceeds to be paid into the chargee's account, could constitute a valid fixed charge where the chargee had sufficient control.

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

Ask CommonBench about this case

Get a detailed analysis of Siebe Gorman & Co Ltd v Barclays Bank Ltd and how it applies to your situation.

Explain Siebe Gorman & Co Ltd v Barcla...