Practice question · Numerical answer
A liquidation yields 250k€. Estate claims take 20k€, secured creditors 130k€, general privilege 60k€. How many thousand euros remain for the ordinary creditors?
Hints
- Walk the waterfall in order.
- .
Show the answer
40 (answers within ±1 count)
Why
k€ reach the ordinary tier. Whether that is generous or a pittance depends on the size of ordinary claims, the waterfall fixes the order, arithmetic fixes the fate.
Practise Insolvency and the Concurso
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