The category of preferred creditors is not found in the bankruptcy legislation of many countries. Canadian law

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The category of preferred creditors is not found in the bankruptcy legislation of many countries. Canadian law provides specific but limited protection for those in this category. What is the rationale for this protection? Is it worth the deprivation caused to those creditors who are not preferred?
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Canadian Business & the Law

ISBN: 978-0176501624

4th edition

Authors: Dorothy DuPlessis, Shannnon o'Byrne, Steven Enman, Sally Gunz

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