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Statutory Priorities in Corporate Insolvency Law: An Analysis of Preferred Creditor Status

Christopher F. Symes



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09 September 2016
Finance & accounting; Legal history; Company law; Social law
Who enjoys statutory preferred creditor status? What justifications exist for jurisdictions to maintain statutes that favour 'priority' creditors over other creditors and contributories? This book examines preferential debts derived from specific legislative provisions applying to corporate insolvency. In exploring the concept of preferential treatment, Statutory Priorities in Corporate Insolvency Law includes chapters that provide a doctrinal, theoretical and historical analysis of who enjoys preferred creditor status. As well as examining the traditional major categories of priorities, this work also identifies potential new categories for priority status such as environmental clean-up costs, international creditors, tort claimants and consumers among other non-consensual creditors. While the study focuses on Australian corporate insolvency law, where appropriate, comparisons are made with other common law jurisdictions, particularly the UK, Canada, New Zealand and the US.
By:   Christopher F. Symes
Imprint:   Routledge
Country of Publication:   United Kingdom
Dimensions:   Height: 234mm,  Width: 156mm, 
Weight:   454g
ISBN:   9781138275034
ISBN 10:   1138275034
Series:   Markets and the Law
Pages:   316
Publication Date:   09 September 2016
Audience:   College/higher education ,  College/higher education ,  Primary ,  Primary
Format:   Paperback
Publisher's Status:   Active

Christopher F Symes is Associate Professor, Flinders University School of Law, Adelaide, Australia. He teaches corporate and commercial law. He is author of Bankruptcy Law (2004) for Thomsons. He is a barrister and solicitor in the High Court of Australia and is a member of the Law Council of Australia's Insolvency and Reconstruction subcommittee.

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