Absolute Priority Rule 指在美国破产清算时使用优先权规则.它要求按以下顺序充分补偿债权人:首先是因破产发生的管理费用;其次是像税收,工资这些具有法律优先权的索赔权;再次是未担保债权人的索赔权;如果还有剩余,股东将得到剩下的财产.
第六项原则规定,对国家和社会必须保证这些基本权利被授予相应的绝对优先。
The sixth principle establishes that the state and society must assure that such fundamental rights are granted absolute priority accordingly.
但是,如果允许策略性债务违约或对绝对优先权原则偏离,股东权益价值最大化的破产决策将达到与公司价值最大化一致的结果;
But if the strategic default or deviation from absolute priority rule is allowed, the decision that maximizes value of equity will be consistent with one that maximizes corporate value.
在水权取得方面主要有河岸权原则、先占用原则和所有权绝对原则,而在水权优先位序规则的确立上,各国因具体情况不同,采取的方案也不尽相同。
While as to the establishment of the rule of the priority order of water right, the projects of countries are different because of the concrete circumstances.
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