Legal Definitions - quoad creditorem

QUOAD CREDITOREM

Quoad creditorem is a Latin term that means "with regard to the creditor." It is often used in legal contexts to refer to actions or decisions that affect the rights or interests of a creditor.

1. The court ruled that the debtor's assets could be seized quoad creditorem, meaning that the creditor had priority over other claimants.

2. The bankruptcy trustee must act quoad creditorem, ensuring that the interests of the creditors are protected and that any available assets are distributed fairly.

These examples illustrate how the term quoad creditorem is used in legal contexts to refer to actions or decisions that affect the rights or interests of a creditor. In the first example, the court's ruling gives priority to the creditor over other claimants, while in the second example, the bankruptcy trustee is responsible for protecting the interests of the creditors and ensuring that any available assets are distributed fairly.