Open AccessThe Floating Charge in Canada
Author(s) -
Roderick J. Wood
Publication year - 1989
Publication title -
alberta law review
Language(s) - English
Resource type - Journals
eISSN - 1925-8356
pISSN - 0002-4821
DOI - 10.29173/alr1633
Subject(s) - demise , property (philosophy) , charge (physics) , relevance (law) , legislation , personal property , law and economics , law , political science , economics , physics , quantum mechanics , philosophy , epistemology
This article examines the evolution of the floating charge in England and Canada, and predicts its demise as a conceptually discrete security device upon the enactment of personal property security legislation in the provinces. However, the author contends that a study of the floating charge can aid our understanding of the economic and historical processes that shaped the judicial attitude towards the security idea and explains how this will be of continuing relevance following the implementation of a personal property security regime in Alberta.