Howell Heflin said "I believe that the services that are provided by independent sales representatives of this country are equally as important to the survival of a company as is the work performed by the employees at the factories of those companies. It is in that same vein that I support the idea behind this amendment to give priority to certain claims of the independent sales representative. Senator Cochran's amendment would make the claim of the independent sales representative equal to the claim presently allowed, under the Bankruptcy Code, for an employee. The purpose behind this third place in priority is, in part, to insure that employees will not abandon a failing business for fear of not being paid; thus, they will contribute to the rehabilitation of the company. This same rationale also holds true for the independent sales representatives." @ PoliticalQuotes.com

On the recordApril 20, 1994

I believe that the services that are provided by independent sales representatives of this country are equally as important to the survival of a company as is the work performed by the employees at the factories of those companies. It is in that same vein that I support the idea behind this amendment to give priority to certain claims of the independent sales representative. Senator Cochran's amendment would make the claim of the independent sales representative equal to the claim presently allowed, under the Bankruptcy Code, for an employee. The purpose behind this third place in priority is, in part, to insure that employees will not abandon a failing business for fear of not being paid; thus, they will contribute to the rehabilitation of the company. This same rationale also holds true for the independent sales representatives.

Said by

Howell Heflin

Democratic · Alabama

Source

govinfo.gov

Editor's note · Context

Discussing the importance of independent sales representatives in relation to bankruptcy claims.

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