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The battle over book debts: the final chapter?


by Stephen Joseph Walsh View Biography
Ian R. Coles View Biography
Edmund Mark Sautter View Biography
Stephen Woodward
Mayer Brown International LLP View Firm Credentials
London Office

May 15, 2006

Previously published on July 2005

On 30 June 2005, the House of Lords handed down its eagerly awaited judgment in National Westminster Bank Plc v Spectrum Plus Ltd. The Court held that a Siebe Gorman type charge on book debts (that is, a charge over present and future book debts that restricts the customer from disposing of the...


 

The views expressed in this article are solely the views of the author and not Martindale-Hubbell. This article is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance.




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