
Voidable Floating Charge
Versandkostenfrei!
Versandfertig in 6-10 Tagen
23,99 €
inkl. MwSt.
PAYBACK Punkte
12 °P sammeln!
Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. In law, a voidable floating charge refers to a floating charge entered into shortly prior to the company going into liquidation which is void or unenforceable in whole or in part under applicable insolvency legislation. Generally speaking, a floating charge is only potentially vulnerable if it is entered into within the vulnerability period under applicable law. The vulnerability period is a period prescribed by statute immediately preceding the company going into liq...
Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. In law, a voidable floating charge refers to a floating charge entered into shortly prior to the company going into liquidation which is void or unenforceable in whole or in part under applicable insolvency legislation. Generally speaking, a floating charge is only potentially vulnerable if it is entered into within the vulnerability period under applicable law. The vulnerability period is a period prescribed by statute immediately preceding the company going into liquidation. Most jurisdictions provide for alternative vulnerability periods: a longer one for parties who are "connected" to the company, and a shorter one for unrelated third parties.