We recognize that problem and we changed it. We removed the word ``willful'' in our bill. For those people that are not sure what changes we have made in the description of the bill here on the report, we have in there the changes that we made at the request of the Democrats on the committee. Also, again I would like to say as far as bankruptcies are concerned, the first claim that will be applied against any assets of any bankrupt company are wages and these are classified; that is, in the same manner as wages and will have first choice on any money that is left in that bankrupt company.
Cass Ballenger: “We recognize that problem and we changed it. We removed the word ``willful'' in our bill. For those people that are not…”
Editor's note · Context
Discussing changes made to a bill regarding employee claims in bankruptcy.
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