Proceedings of the 3rd International Conference on Globalization of Law and Local Wisdom (ICGLOW 2019)

Legal Implication the Constitutional Court's Decision Number 67/PUU-X/2013 on Creditor Concurrent's Rights in Bankruptcy Case

Authors
Shokib Mahendra, Adi Sulistiyono, Emmy Latifah
Corresponding Author
Shokib Mahendra
Available Online October 2019.
DOI
10.2991/icglow-19.2019.5How to use a DOI?
Keywords
Concurrent Creditors, Bankruptcy, Decision of the Constitutional Court
Abstract

The implication of the Constitutional Court Decision Number 67 / PUU-XI / 2013 is very interesting to study, it is because of after the decision, the repayment of workers’ payment in the case of bankruptcy of a company must take precedence over other creditors. On the one hand, the decision provides benefits to workers and in the opposite, it suffers the concurrent creditors because it is less likely to obtain debt repayments from debtors. Furthermore, this following question arise e.g. the protection of the concurrent creditors. This is not taken into discussion in the Constitutional Court decision No. 67 / PUU-XI / 2013 above, which implies the undermining the position of concurrent creditors and minimizing the guarantee of repayment of debts from bankrupt debtors.

Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 3rd International Conference on Globalization of Law and Local Wisdom (ICGLOW 2019)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
October 2019
ISBN
10.2991/icglow-19.2019.5
ISSN
2352-5398
DOI
10.2991/icglow-19.2019.5How to use a DOI?
Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Shokib Mahendra
AU  - Adi Sulistiyono
AU  - Emmy Latifah
PY  - 2019/10
DA  - 2019/10
TI  - Legal Implication the Constitutional Court's Decision Number 67/PUU-X/2013 on Creditor Concurrent's Rights in Bankruptcy Case
BT  - Proceedings of the 3rd International Conference on Globalization of Law and Local Wisdom (ICGLOW 2019)
PB  - Atlantis Press
SP  - 19
EP  - 23
SN  - 2352-5398
UR  - https://doi.org/10.2991/icglow-19.2019.5
DO  - 10.2991/icglow-19.2019.5
ID  - Mahendra2019/10
ER  -