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In the matter of COSSLETT (CONTRACTORS) Ltd and in the matter of THE INSOLVENCY ACT 1986 IAN CLARK, ADMINISTRATOR OF COSSLETT (CONTRACTORS) Ltd (in administration) v MID-GLAMORGAN COUNTY COUNCIL

(1998) 85 BLR 1

Court of Appeal

Evans and Millett LJJ, Sir Ralph Gibson

Contract - ICE Conditions, 5th Edition, clauses 53 and 63 - Whether employer’s right to retain possession of plant amounts to a charge - Whether employer’s rights to sell plant amounts to a possessory lien or a floating equitable charge - Companies Act 1985, s395

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