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Buchler v Talbot [2004] UKHL 9 is a UK insolvency law case, concerning the priority of claims in a liquidation. Under English law at the time the expenses of liquidation took priority over the preferred creditors, and the preferred creditors took priority over the claims of the holder of a floating charge. However, a crystallised floating charge theoretically took priority over the liquidation expenses. Accordingly the courts had to try and reconcile the apparent triangular conflict between priorities.

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rdf:type
rdfs:label
  • Buchler v Talbot (en)
rdfs:comment
  • Buchler v Talbot [2004] UKHL 9 is a UK insolvency law case, concerning the priority of claims in a liquidation. Under English law at the time the expenses of liquidation took priority over the preferred creditors, and the preferred creditors took priority over the claims of the holder of a floating charge. However, a crystallised floating charge theoretically took priority over the liquidation expenses. Accordingly the courts had to try and reconcile the apparent triangular conflict between priorities. (en)
name
  • Buchler v Talbot (en)
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  • http://commons.wikimedia.org/wiki/Special:FilePath/Leyland_Sherpa_ca_1981.jpg
dcterms:subject
Wikipage page ID
Wikipage revision ID
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sameAs
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citations
  • [2004] 2 WLR 582 (en)
  • [2004] AC 298 (en)
  • [2004] BCC 214 (en)
  • [2004] UKHL 9 (en)
court
full name
  • Re Leyland DAF Ltd or Buchler v Talbot (en)
judges
  • Lord Hoffmann (en)
  • Lord Nicholls of Birkenhead (en)
  • Lord Millett (en)
  • Lord Rodger of Earlsferry (en)
  • Lord Walker of Gestingthorpe (en)
keywords
  • Priority, administration expenses (en)
has abstract
  • Buchler v Talbot [2004] UKHL 9 is a UK insolvency law case, concerning the priority of claims in a liquidation. Under English law at the time the expenses of liquidation took priority over the preferred creditors, and the preferred creditors took priority over the claims of the holder of a floating charge. However, a crystallised floating charge theoretically took priority over the liquidation expenses. Accordingly the courts had to try and reconcile the apparent triangular conflict between priorities. (en)
date decided
opinions
  • (en)
  • Lord Hoffmann (en)
  • Lord Nicholls of Birkenhead (en)
  • Lord Millett (en)
prior actions
  • [2002] EWCA Civ 228 (en)
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