Directors are employees of the company and they will always get paid even if the company will fold as employees have preferential treatment over everyone else. It sucks I know because they were the ones leading the company and making decisions but that is the law.
Creditors are creditors and, (unless they are preferential creditors and/or whereby they hold securities or mortgages over the company assets), they are all to be treated equally and impartially.
Dyor.!!
CDU Price at posting:
23.5¢ Sentiment: None Disclosure: Held
