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My understanding is that wages owed is senior to any other corporate debt. Is this not true?
by gbhn 15y ago
My understanding is that wages owed is senior to any other corporate debt. Is this not true?
- bsenftner 15y agoNo true. Bankruptcy law in the US is all about helping the company get back on its feet. There's some useful information here, but the page takes forever to load: http://smallbusiness.chron.com/employee-rights-company-bankruptcy-2670.html http://smallbusiness.chron.com/employee-rights-company-bankr...