LEGAL POSITION OF CREDIT INSTITUTIONS AS PRIVILEGED CREDITORS IN PRE-BANKRUPTCY AND BANKRUPTCY PROCEDURE

Abstract

The paper deals with the issue of the position of credit institutions when pre-bankruptcy or bankruptcy proceedings are opened against the debtor of the credit institution, and thus the credit institution acquires the position of a separate creditor. The institute of the separate creditor was mainly analyzed according to the latest amendments to the Bankruptcy Act. It is also emphasized in which segments it’s position has changed and to what extent. Previously, the very concept of a credit institution and the peculiarities of their operations in the Republic of Croatia were explained, and finally, authors analyze the case when a compulsory liquidation procedure is opened against a credit institution.

Keywords

• : credit institution
• seperate creditor
• pre-bankruptcy proceedings
• bankruptcy proceedings
• credit.