• New Bankruptcy Law adopts the method of severance to deal with the conflict between wage priority and security interest.

    新的《企业破产法》针对工资优先权担保物权冲突采取了“分界式”处理方式

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  • Usually the creditors could not recover the full amount and they will be paid in proportion to the size of their debts, but certain debts have priority, such as wage arrears or severance payments.

    债权人能未必取回所有欠款只能各自项比例取回部分欠款,某些债项(欠薪或遣散费)将会优先偿还。

    youdao

  • Usually the creditors could not recover the full amount and they will be paid in proportion to the size of their debts, but certain debts have priority, such as wage arrears or severance payments.

    债权人能未必取回所有欠款只能各自项比例取回部分欠款,某些债项(欠薪或遣散费)将会优先偿还。

    youdao

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