This resulted in a backlash against the effect of variable charges in the form of the Preferential Payments in Bankruptcy Amendment Act 1897. The first recorded case in English in which a floating cargo was detected was In-Panama, New Zealand, and Australian Royal Mail Co (1870) 5 Ch App 318. The use of these variable fees grew in popularity and quickly spread until Lord Walker described it: “The floating tax had become a hiccup in the nest of the company`s insolvency.”  Criticism of the effect of Floating Charges intensified until Lord Macnaghten finally announced in Salomon v A Salomon & Co Ltd  UKHL 1,  AC 22:. Unlike a fixed cargo produced by specific and specific goods, a floating cargo is produced by the property of an ambulatory and displacement nature. Examples of such real estate are receivables and shares. The floating load The floating load “floats” or “floats” to the point where it is transformed into a solid load. As soon as it is a “fixed fee”, the fee is linked to the specific assets of the company. [Clarification needed] This transformation of the variable fee into a fixed tax (called “crystallization”) can trigger common law jurisdictions]] It is a term implicit in security documents that generates variable costs that the termination of the company`s right to trade with the assets (also under insolvency proceedings) leads to automatic crystallization. In addition, safety documents usually contain explicit conditions that trigger the crystallization of a breach by the person providing the guarantee. Floating loads are very popular as a safety device for two main reasons. From the secured creditor`s point of view, the guarantee covers each asset of the insurer. . .