Skip to main content
Enter a keyword
  • Login
  • Home

    Main navigation

    Menu
    • US Law
      • Chapter 15 Cases
    • Regions
      • Africa
      • Asia Pacific
      • Europe
      • North Africa/Middle East
      • North America
      • South America
    • Headlines
    • Education Resources
      • ABI Committee Articles
      • ABI Journal Articles
      • Covid 19
      • Conferences and Webinars
      • Newsletters
      • Publications
    • Events
    • Firm Articles
    • About Us
      • ABI International Board Committee
      • ABI International Member Committee Leadership
    • Join
    Employee Claims in Hungarian Insolvency: Priority Ranking and Practical Implications
    2025-09-29

    Insolvency and liquidation proceedings inevitably raise the question of how competing creditor claims are ranked. One area of particular importance is the treatment of employee claims, as legislators typically grant them special protection to safeguard livelihoods. Hungarian insolvency law reflects this policy by granting priority status to certain employee entitlements.

    When Do Employee Claims Rank Ahead of Other Creditors?

    Filed under:
    Hungary, Employment & Labor, Insolvency & Restructuring, Litigation, Katona & Partners, Liquidation, Insolvency
    Authors:
    Dr. Géza Katona
    Location:
    Hungary
    Firm:
    Katona & Partners
    Employee Claims in Hungarian Insolvency: Ranking and Practical Implications
    2025-09-19

    In insolvency and liquidation proceedings, the question regularly arises of how competing creditor claims should be satisfied. Of particular importance is the treatment of employee claims, as legislators typically seek to ensure their special protection. Hungarian insolvency law addresses this concern by granting certain employee claims a privileged ranking.

    When do employee claims take precedence over other creditors?

    Filed under:
    Hungary, Employee Benefits & Pensions, Insolvency & Restructuring, Litigation, Katona & Partners, Liquidation, Moratorium, Social security, Secured creditor, Unsecured creditor, Insolvency
    Authors:
    Dr. Géza Katona
    Location:
    Hungary
    Firm:
    Katona & Partners
    Implementation of the Restructuring Directive (EU) 2019/1023 in Germany: The StaRUG
    2025-05-26

    Introduction

    With Directive (EU) 2019/1023, the European Union has created a uniform framework for pre-insolvency restructuring measures. The goal is to enable companies in financial difficulties to restructure at an early stage, thereby avoiding insolvency and preserving jobs. In Germany, the Directive was essentially implemented through the Act on the Stabilization and Restructuring Framework for Enterprises (StaRUG), which entered into force on 1 January 2021.

    Objectives of the Directive and the German Legislator

    Filed under:
    European Union, Germany, Insolvency & Restructuring, Katona & Partners, Insolvency, Directive on Preventive Restructuring Frameworks (2019/1023/EU)
    Authors:
    Dr. Géza Katona
    Location:
    European Union, Germany
    Firm:
    Katona & Partners
    Home

    Quick Links

    • US Law
    • Headlines
    • Firm Articles
    • Board Committee
    • Member Committee
    • Join
    • Contact Us

    Resources

    • ABI Committee Articles
    • ABI Journal Articles
    • Conferences & Webinars
    • Covid-19
    • Newsletters
    • Publications

    Regions

    • Africa
    • Asia Pacific
    • Europe
    • North Africa/Middle East
    • North America
    • South America

    © 2025 Global Insolvency, All Rights Reserved

    Joining the American Bankruptcy Institute as an international member will provide you with the following benefits at a discounted price:

    • Full access to the Global Insolvency website, containing the latest worldwide insolvency news, a variety of useful information on US Bankruptcy law including Chapter 15, thousands of articles from leading experts and conference materials.
    • The resources of the diverse community of United States bankruptcy professionals who share common business and educational goals.
    • A central resource for networking, as well as insolvency research and education (articles, newsletters, publications, ABI Journal articles, and access to recorded conference presentation and webinars).

    Join now or Try us out for 30 days