미국연방파산법상 담보권과 우선적 파산채권의 지위

다국어 초록 (Multilingual Abstract)

The Bankruptcy Code distinguishes between secured claims and unsecured claims. Creditors with secured claims have senior priority over the estates assets. Moreover, they are entitled to have their interests in the debtors property adequately protected while the case is pending.
Unsecured claims fall into two broad categories: priority claims and general claims. Among priority claims, there are a few super-priority claims that are entitled to be paid after secured claims, but before other priority claims. Priority claims are unsecured claims that are singled out by the Bankruptcy Code for favorable treatment. Section 507 establishes a group of claims entitled to priority status. Each claim in each priority class is entitled to payment in full before any payment is made on any claim in a lower priority class.
There are three super-priority claims: Post-conversion liquidation expenses, post-petition credit claims and claims for inadequate Adequate protection. Post-conversion liquidation expenses are the most senior among the three. It applies to administrative expenses only in liquidation cases that have been converted from a case under Chapter 11, 12 or 13. Post-petition credit claims are the second senior among the three, which are designed to induce post-petition creditors to extend credit to a debtor that is reorganizing. Claims for inadequate adequate protection are just ahead of administrative priority claims, and it is for the secured creditors who were granted adequate protection that turned out to be inadequate.
Among the priority claims, a new first priority was added for domestic support obligations owed to a spouse or child of debtor. The second priority is given to administrative expense claims, which are those that arise from the expenses involved in the bankruptcy proceeding. This paper analyzes the administrative expense in the Bankruptcy Code and in the court interpretation to compare the Korean counterpart of it and to adduce the conclusion that it is not appropriate for the Korean administrative expense clause to include the wage claims and tax claims in it. Other priority claims are also analyzed in this context.

참고문헌 (Reference)

1 남동희, "회생기업의 자금조달방법 - 미국 연방파산법상의 DIP Financing 제도의 도입가능성을 중심으로 -" 법조협회 58 (58): 245-287, 2009

2 유해용, "통합도산법 시행 이후 한국의 기업회생 실무와 쟁점" 법조협회 59 (59): 82-132, 2010

3 박형준, "법정관리기업 인수ㆍ합병(M&A)의 실무와 전망" 44 : 619-,

4 양형우, "독일 도산법에서의 근로자의 보수청구권" 한국비교사법학회 16 (16): 167-199, 2009

5 전병서, "도산법, 2판" 법문사 2007

6 김태현, "담보권에 우선하는 채권의 파산선고 후 지위-최우선변제 임금채권과별제권의 관계를 중심으로" 11 : 411-, 2002

7 전원열, "개인채무자회생제도의 개관 및 실무현황" 9-, 2005

8 이의영, "倒産節次에서 租稅債權의 地位(下)" 법조협회 58 (58): 170-207, 2009

9 이의영, "倒産節次에서 租稅債權의 地位(上)" 법조협회 58 (58): 45-87, 2009

10 Jeffrey T. Ferriell, "Understanding Bankruptcy, 2nd ed" LexisNexis 2010

11 Bryan W. Leach, "The unfinished business of bankruptcy reform; a proposal to improve the treatment of support creditors" 115 : 247-, 2006

12 Susan R. Desimone, "The price of doing business: environmental criminal fines and the administrative expense solution" 17 : 489-, 2001

13 David A. Skeel Jr., "The past, present and future of debtor-in-possession financing" 25 : 1905-, 2004

14 C. Scott Pryor, "The missing piece of the puzzle: perspectives on the wage priority in bankruptcy" 16 : 121-, 2008

15 Elizabeth Warren, "The law of debtors and creditors, sixth ed" Wolters Kluwer 2008

16 David M. Reeder, "The administrative expense priority in bankruptcy-a survey" 36 : 135-, 1987

17 Stephen D. Hurd, "Re-reading Reading. Fairness to all persons in the context of administrative expense priority for post-petition punitive fines in bankruptcy" 51 : 1459-, 1998

18 David Zalesne, "Priorities: section 507" 3 : 253-, 1986

19 이진웅, "PEF의 회생기업에 대한 투자 및 회생절차 종결 - 사례 및 실무상 쟁점의 소개 -" 법조협회 60 (60): 255-321, 2011

20 John P. Hennigan, Jr., "Do claims for workers' compensation insurance premiums have priority in bankruptcy?"" 2006 : 314-, 2006

21 Sidney K. Swinson, "Administrative expense claims in bankruptcy §503(b)(9): the 20-day claim" 80 : 1571-, 2009

22 Michelle A. Cecil, "A reappraisal of attorney's fees in bankruptcy" 98 : 67-, 2010