Discussion Of Regulations On Priority Claims In P.R.C. Bankruptcy Law

Regulations on priority claims has been one of the most important subjects in the bankruptcy law.Chinese new "bankruptcy law" after the introduction of the regulations of priority claims has improved,but the discussion on the academic has never ceased.Whether the tax claims and personal tort claims should be included in the priority claims?How is the issue of the settlement between labor claims and secured claims?Where's the limitation of labor claims?Explicit and reasonable arrangements for the settlement of various types of bankruptcy claims,not only to maintain the optimal balance between bankruptcy stakeholders,but also to maintain a balanced goal between bankruptcy economic and legal purpose.This paper attempts to analyze the World Bank bankruptcy Guild and the UNCITRAL Legislative Guide on Insolvency Law,the current bankruptcy law is complete in the developed countries.Finally,combined with Chinese bankruptcy policy,economic and social factors,this paper tries to bring up a solution which can solve the problem of bankruptcy in China.The paper puts forward the idea of the regulations on priority claims in bankrupt law.On the one hand,tax claims and personal tort claims should not give priority to the status of claims.On the other hand,the secured claims are superior to the labor claims,and labor claims are subject to a certain amount of time and amount.