Tiphook (original) (raw)

Tiphook PLC was a United Kingdom headquartered transport services company, registered on the London and New York stock markets, which became the world's second largest marine container leasing business in the 1990s. The Company was once a constituent of the FTSE 100 Index. Following a debt-fuelled buying spree in the late 1980s, it crashed in the early 1990s due to accounting changes brought about by its expansion into North America caused by a technical and then actual default in its debt coverage.