Registration of Company Charges

Third Edition

By Gerard McCormack

Registration of Company Charges is a comprehensive guide to the charges registration system under Part 12 of the UK's Companies Act 1985, setting out the objectives and background of charges registration and explaining the requirements and procedure. The work helps distinguish charges which require registration in the UK and those which do not, and it explains in detail the mechanisms of the registration system with particular attention given to the roles of the various parties to the process. It provides practical advice on the complex issue of determining priorities between competing charges over the same property, and it considers weaknesses in the registration regime and the inadequacies of the priority rules. Fully updated, this third edition is timed to coincide with the implementation of relevant provisions of the UK's Companies Act 2006 and key developments including: full coverage of the new registration of charges regime introduced by Part 25 Companies Act 2006, timed to coincide with the implementation of the new regime on October 1, 2009 . a comparison of the new law with what went before . coverage of the case law since the publication of the previous edition including the implications of the Spectrum decision . a full consideration of the new regime for the registration of charges created by foreign-registered companies, including the replacement of the Slavenburg register . a detailed examination of the priority position with competing charges over the same property . consideration of the prospect of further legislative reforms and the scope of such reforms.

321 pages

Publication Date: 11/30/2009
Format: Cloth
ISBN: 9781846611902