1MC 2.27% 4.3¢ morella corporation limited

Ann: Appointment of Receivers and Managers, page-189

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    lightbulb Created with Sketch. 2643
    Unfortunately, No. Not against secured creditors.

    You probably mean "unsecured" creditors. Staff, not directors of the company, are paid their outstanding entitlements before "unsecured" creditors.
 
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