This article examines the concept of privilege introduced in the Insolvency Law through legislative changes brought about by Law No. 216/2022 in the context of implementing Directive (EU) 2019/1023 of the European Parliament and the Council of 20 June 2019 on preventive restructuring frameworks and its relevant impact on new financiers and intermediaries in restructuring and preventive composition proceedings. Among other things, these l...

The valid civil obligation gives the creditor the right to fulfil his claim right. When the debtor has several debts which are guaranteed with different guarantees, the question that arises concerns the analysis of the legal provisions applicable to the concurrence of creditors. In this paper we will try a theoretical and practical analysis of the rules established in this matter.