Waves of bankruptcies in the US
U.S. retail chains caught in a wave of bankruptcies - International Herald Tribune
And the changes may force companies to pay suppliers before paying wages or honoring obligations to customers, like redeeming gift cards, said Sally Henry, a partner in the bankruptcy law practice at Skadden, Arps, Slate, Meagher & Flom and the author of several books on bankruptcy.
Dang, dog. I wonder what’s going to happen in the US. Looks like this law *also* sticks it to the consumer/worker, but pays businesses.
Although, I admit that one can argue those supply businesses pay workers too.