Floating charge

Creation of the floating charge in English jurisdiction had been developed throughout the nineteenth century. In Holroyd v Marshall1 in 1862, all of future assets could be charged and obtained after its acquisition by the debtor. This principle creates problem on how the company could run its business as a going concern and the company could be paralysed because the company’s business relied ultimately on its assets. This problem was solved by Sir Giffard LJ in Re Panama, New Zealand and Australian Royal Mail Company 2 that the security transactions could not disrupt the company to carry on its ordinary business until the creditors enforce their rights under the charge or the debtor is winding up. The definition of a floating charge was first…

Even a century long time after his death, Wilfred Owen is still famous for his war poetry written during World War 1. In his poem, Owen uses various language techniques to vividly illustrate the horrendous reality of the war. Hence, he communicates his own anti-war feelings implied beneath his techniques. However, although he is now known as an anti-war poet, for once, he had been a naive boy, who had volunteered to fight in war. At first, he was thrilled to fight for one’s country. But soon,…

A place one could only get to by flying, and a place very few knew about. It was special to the three of them, and they liked to think that it was their own special place. Cloud Lake was on a floating island, the largest of eleven floating islands, in Distira. The island itself did not have a name, but the lake on it had a name. The Lake was made of water, but it flowed off of the island in a stream that turned into clouds. Thus, Cloud Lake. Some of the animals were crystal, others were…

Data Type Description and example use **You must provide an example of what each data type could be used for** String A data type used in programmings such as an integer and floating point unit, but is used to represent text rather than numbers. • I bought 3 CD’s which were from 3 different artists. It shows that I bought it from 3 different people. • If (Option 1==Option 2) If the values are the same, then it is true. If they are different, then it is false. • Usernames are an example of…

Conductivity of Salt Water/ Salt Water Circuit Introduction to Physics UBT 1- Task #2 19/11/2015 Western Governors University Thiago Predebon Introduction: Saltwater Circuit; Did you know that you can use salt water to make a light bulb shine? It sounds crazy, but it's true! This is because salt water is a good conductor of electricity. Salt molecules are made of sodium ions and chlorine ions. (An ion is an atom that has an electrical charge because it has either gained or lost an…

in the RMP The membrane potential in the Resting Membrane Potential, or the RMP, is the little bit of voltage or electrical potential going across from the membrane of its regular resting voltage. This is caused because of gradients that make the ions go across the membrane of a cell through ion channels because ions are not soluble so they have to go through channels. These channels are called ion channels that are watery pores allowing ions to get through according to their size, charge, and…

the short term future. Secondly, to assess the advantages and disadvantages of both fixed and floating loans and how these will affect Marcus, based on the information we know…

Introduction: Renewable technologies are our future. Limited resources such as oil and coal are only a stepping stone to get us to clean and sustainable technologies like photovoltaic, oceanic, geothermal, and wind electrical generators. For the past decade, the United States has been investing in many inland wind farms which are located in Class 3 areas. Wind speeds are categorized by classes, and Class 3 is the minimum before a wind farm is not worth the installation costs; Class 1 being far…

for weapons, equipment, gains, and losses with respect to what is being fought over, be it land or other resources. In thinking of war that way, however, we often overlook the very personal costs of war; while we may think in the abstract terms of numbers of dead soldiers, we overlook the cognitive, physical, and psychological on soldiers, civilians, and even the entire world. Indeed, while war shows man’s resilience and sacrifice, it also highlights what is worst about mankind, and its effects…

Some observers have even described his visits as great manifestations of floating balls of light, others have called them bluish columns shooting up out of the earth like reverse lightning, reaching up into the sky from the ground. No one yet knows the mysteries behind this mythical being. However with every new sighting, and every new scientific discovery the myth behind Earthshaker is slowly fading. Earthshaker the myth relates to the unexplained, sporadic phenomenon known as ‘Earthquake…