ABSTRACT

Crystallisation is the name given to the conversion of a floating charge into a fixed charge. While much has been written on how charges are classified as fixed or floating and on the theoretical nature of the floating charge, crystallisation is, by comparison, less developed. This article offers three main contributions. First, it draws a clear distinction between two types of crystallisation: automatic and express. Second, it applies the theoretical literature on floating charges to crystallisation and examines the different meanings crystallisation takes under these theoretical frameworks. Finally, it makes an original argument on the effectiveness of express crystallisation clauses. The claim is that because a crystallised floating charge establishes the same proprietary interest as a fixed charge ab initio, the legal criteria necessary to create a fixed charge should also be necessary for the triggering of an express crystallisation clause to be effective in crystallising a charge.

摘要

结晶是将浮动电荷转换为固定电荷的名称。尽管关于电荷如何分类为固定电荷或浮动电荷以及浮动电荷的理论性质已写了很多文章，但相比之下，结晶化的发展较差。本文提供了三个主要贡献。首先，它在两种结晶类型之间进行了明确区分：自动结晶和快速结晶。其次，它将有关浮电荷的理论文献应用于结晶，并研究了在这些理论框架下结晶所具有的不同含义。最后，它对表达结晶条款的有效性提出了独到的见解。这种说法是因为结晶的浮动电荷与固定电荷从头开始建立了相同的专有权益， 为了触发明确的结晶条款以有效地使收费结晶，创建固定收费所必需的法律标准也应该是必需的。