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Preferential claims comprising outstanding holiday pay to employees were settled in full.
It was held that fees for liquidation came in priority to preferential claims and floating charges.
These real security rights provide the creditor with a preferential claim to the proceeds of the sale of the attached property.
The Venedotian Code establishes that land must be partitioned between all sons and that the youngest has a preferential claim to the buildings: "
The intention of the spouses, in agreeing to the notarial bond, was only to give a preferential claim on the sum if the husband were to be declared insolvent.
The seller's tacit hypothec under an instalment sale agreement secures the credit grantor's claim to outstanding instalments, so that the credit grantor has a preferential claim.
The mortgagee has a right of preference, a "preferential claim," where sale of the property has been levied (even where it has been levied by other creditors).
Third, employees and their pensions have preferential claims above other creditors' rights, and if this is exhausted may claim money from the National Insurance Fund or the Pension Protection Fund.
In the event of the Pfandbrief issuer's insolvency, Pfandbrief investors have a preferential claim on the cover assets in the cover register because cover pool assets are not included in insolvency proceedings.