Translation of Illingworth v Houldsworth in English

Illingworth v Houldsworth Translation

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Illingworth v Houldsworth in English
Illingworth v Houldsworth or Re Yorkshire Woolcombers Association [1904] AC 355 is a UK insolvency law case, concerning the taking of a security interest over a company's assets with a floating charge. In the Court of Appeal Romer LJ held that a key to a floating charge, as opposed to a fixed charge was that the company can carry on its business with assets subject to the charge.

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Copyright: © This article uses material from Wikipedia® and is licensed under the GNU Free Documentation License and under the Creative Commons Attribution-ShareAlike License Dictionary source: Wikipedia English - The Free Encyclopedia
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