. This is because a floating charge is subordinated by statute to other claims in the debtor's insolvency, whereas a fixed … claimants in corporate insolvency is generally undesirable. If particular types of voluntary transaction are subjected to … its juridical 'nature', have been driven by the desire to avoid redistribution in insolvency. This has resulted in …

Using agent-based simulation methods we explore the interplay between income distribution, personal insolvency … social comparison effects, the insolvency regime decides on lower income households' incentives to expose themselves to …