wage priority in bankruptcy
Defined in 1 dictionary — Case Law
Definitions from Case Law
From 204 U.S. 186 - Shropshire, Woodliff & Co. v. Bush · 1907Most cited · 29 citing opinions
The priority is attached to the debt, and not to the person of the creditor; to the claim, and not to the claimant. The act does not enumerate classes of creditors and confer upon them the privilege of priority in payment, but, on the other hand, enumerates classes of debts as 'the debts to have priority.' ... The character of the debts was fixed when they were incurred, and could not be changed by an assignment.