Other expenses paid in the course of bankruptcy proceedings for the common interest of the creditors.

为债权人的共同利益而在破产程序中支付的其他费用。

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Article 204 After deduction of bankruptcy proceedings expenses from the bankrupt property, first repayment shall be made in the following order of priority.

第二百零四条破产财产优先拨付破产费用后，按照下列顺序清偿。

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The expenses of creditors for participating in the bankruptcy proceedings may not constitute bankruptcy claims.

债权人参加破产程序的费用不得作为破产债权。

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The courts use it to establish priority in bankruptcy proceedings and real estate sales.

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In bankruptcy proceedings, unsecured creditors such as shareholders and employees are last in line.

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Bankruptcy proceedings in Europe are messy, and merely to avoid the tangle of multiple jurisdictions is appealing.

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