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crystallisation of floating charge

Floating charge — A floating charge is a security interest over a fund of changing assets of a company or a limited liability partnership (LLP), which floats or hovers until conversion into a fixed charge, at which point the charge attaches to specific assets. The … Wikipedia
crystallisation — the fixing of a floating charge on assets. Where money borrowed by a company is secured by a floating charge over the company s assets and undertaking, the company may continue trading and dispose of any assets in the course of that business. If… … Law dictionary
Report of the Review Committee on Insolvency Law and Practice — (1982) Cmnd 8558, also known as the Cork Report was an investigation and set of recommendations on modernisation and reform of UK insolvency law. It was chaired by Kenneth Cork and was commissioned by the Labour government in 1977. The Cork… … Wikipedia
Mary Rose — For later ships with the same name, see HMS Mary Rose. For the play by J.M. Barrie, see Mary Rose (play). The remnants of the Mary Rose undergoing conservation in Portsmouth … Wikipedia