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Unfortunately, the legal obligations are almost reversed.

• pkaye 8y ago
  In that case they just need to forthcoming to the customers early on that they are last in priority.
• bradknowles 8y ago
  Which is why you have to go out of your way to do them in the order specified. You have to operate within the confines of the laws at each step, but if you don't take care of the employees before the founders and the investors, then they're going to get screwed the most.