“…y the Deed of Charge and he adjourned that issue. An appeal by the Liquidators on the New Monies Point was dismissed by the Court of Appeal on 16 October 2018 ([2018] EWCA Civ 2256). Candey did not appeal against the decision that the Deed of Charge created a floating charge rather…”
“…court, with the consequence that the money continued to be one of its existing assets and therefore fell within the scope of the charge: see [2018] EWCA Civ 2256. The judge also held that the floating charge given to Candey was invalid under section 245 of the 1986 Act “save to the extent of the value of the services su…”