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PRIORITIES: International Experience. International Labor Organization (ILO) Protection of Wages Convention (1949)Art. 11.1 - workers wages for a prescribed period prior to bankruptcy privileged Art. 11.3 - national laws / regulations govern relative priority - claims protected by a guarantee orga
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1. Insolvency and Social ProtectionEmployee Entitlements in an Employers Insolvency James H.M. Sprayregen Gordon W. Johnson Kirkland & Ellis LLP April 28, 2006