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Insolvency Law

Expert guidance on all aspects of corporate and personal insolvency

31 OCT 2011

Rehman v Chamberlain [2011] EWHC 2318 (Ch), (His Honour Judge Keyser QC (sitting as a judge of the High Court), 6 Sep 2011)

R sought to argue that a floating charge over a company’s assets contained in a debenture registered within the 12 months preceding the company’s insolvency was not invalidated by s 245 of the Insolvency Act 1986 because the debenture merely recorded an earlier agreement that R would take immediate security upon the advance of the moneys giving rise to an equitable security in the form of a floating charge.


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