Ordinea plății creanțelor și distribuirea sumelor în contextul Legii nr. 85/2014 privind procedurile de prevenire a insolvenței și de insolvență
Order of payment of claims and distribution of amounts in the context of the Law No 85/2014 on the procedures for preventing insolvency and for insolvency

Summary/Abstract: The importance of distributing of the amounts in the insolvency procedure is unquestionable. Practically, only at this point in time, the purpose of the insolvency procedure from the point of view of creditors can be palpable and achievable by covering their claims. The legislator’s imperativeness in relation to the order of payment of the claims, respectively of the distribution of the amounts obtained from liquidation, found in the legal regulations, is based mainly on the economic, social, humanitarian and juridical aspects of each type of claim and on the impact that the insolvency procedure, respectively the recovery or non-recovery of claims, may have on each category of creditors. In the context of the entry into force of the Law No 85/2014 on the procedures for preventing insolvency and for insolvency, we propose to analyze the procedure for the distribution of amounts and the order of payment of claims, in a comparative overview as to the old regulation, by emphasizing the notable differences in this field. At the same time, we will perceive this study by structuring it depending on the order of distribution of the amounts within the two fundamental categories of claims, namely the guaranteed claims and secured claims.

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