Question: If a Division 2 proposal is made a landlord can take priority over other creditors a corporation with a debt of $400,000 that is insolvent

If a Division 2 proposal is made

a landlord can take priority over other creditors
a corporation with a debt of $400,000 that is insolvent can restructure and keep operating.
a person with a debt of $50,000 may avoid bankrupcy
a supplier can have priority over secured creditors for their goods
directors can avoid liability for the company's actions

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