THE TIMING OF RECEIVABLES AFTER REORGANIZATION Cover Image

TIMPUL CREANŢELOR DUPĂ REORGANIZARE
THE TIMING OF RECEIVABLES AFTER REORGANIZATION

Author(s): Adrian Ştefan Clopotari
Subject(s): Law, Constitution, Jurisprudence, Civil Law
Published by: Universul Juridic
Keywords: time; order of payment; insolvency; reorganization; pro rata; art. 140 para. (3); Law no. 85/2014; Law no. 85/2006; guaranteed receivables; categories of receivables; groups of receivables;

Summary/Abstract: Insolvency imposes a certain order for the payment of claims, but in practice this subject is ambiguous. Reorganization provides for pro rata payment, while bankruptcy pays in a certain order. We have tried to detail what each one means, focusing on changing time with the opening of the procedure.

  • Issue Year: 70/2019
  • Issue No: 4
  • Page Range: 29-34
  • Page Count: 6
  • Language: Romanian