New Swedish Legislation on Right of Priority in Bankruptcies.
Mondaq Business Briefing › Nbr. 2004, May 2004
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New Swedish Legislation on Right of Priority in Bankruptcies.
The current Swedish right of priority legislation, which is set forth in the Right of Priority Act (SFS 1970:979) was amended on 1 January 2004. The new legislation has been preceded by considerable disunion in the Swedish Parliament with several controversial questions being raised. So what are the reasons for changing the legislation? The overall aims of the new rules are 1) to facilitate busi...
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