Floating Charge

August 31, 2024 4 min read Definitions

Administrative Receiver: Definition and Overview

Finance Law Administrative Receiver Floating Charge Insolvency Company Assets Financial Management

An administrative receiver is a receiver appointed by the holder of a floating charge covering the whole, or substantially all, of a company's assets. The administrative receiver has the power to sell the secured assets or to manage the company's business. This term is crucial in insolvency law and finance.

August 31, 2024 4 min read Definitions

Charge: Understanding the Legal and Financial Implications

Law Finance Legal Charge Financial Charge Fixed Charge Floating Charge Debentures

An in-depth explanation of the concept of charge in both legal and financial contexts, including its types, importance, applications, key events, and historical context.

August 31, 2024 4 min read Definitions

Crystallization: Transforming Floating Charges into Fixed Charges

Finance Banking Law Floating Charge Fixed Charge Insolvency Secured Creditors Legal Processes

Crystallization refers to the process in which a floating charge is converted into a fixed charge, affecting secured creditors' rights in insolvency scenarios.