The Circle Squared? Floating Charges and Diligence After MacMillan v T Leith Developments Ltd.

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Abstract

Discusses MacMillan v T Leith Developments Ltd (In Receivership and Liquidation) (IH) on whether an inhibition was "effectively executed diligence" that conferred priority over a floating charge holder. Considers remaining issues about the relationship of diligence, floating charges and insolvency.
Original languageEnglish
Pages (from-to)230-249
Number of pages20
JournalJuridical Review
Issue number4
Publication statusPublished - Dec 2018

Keywords

  • diligence
  • floating charges
  • inhibitions
  • preferences
  • receivers
  • Scotland

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