The Justification of Statutory Priorities as a Keystone to Further Research and Action

The above chapters have sought to justify keeping statutory priorities in corporate insolvency legislation. By using doctrinal research to explain the existing statutory priorities the chapters point to a conclusion that it is clearly expedient to maintain the present treatment of administrative expenses and employee creditors. The later chapters have presented possible developments in Australian statutory priorities, by using comparisons with other jurisdictions, and by reference to judicial and academic comment. Additionally, some attempt has been made to reflect the various voices of the community.