FlyerTalk Forums - View Single Post - ATA Airlines Out Of Business
View Single Post
Old Apr 3, 2008, 7:17 am
  #4  
Craig6z
Original Member
 
Join Date: May 1998
Location: The shape-shifting urban sprawl that is El Lay. FT member #71.
Programs: UA Gold & MM; DL & AA credit card dirt status; Hilton Diamond; Marriott Fool's Gold
Posts: 4,690
Originally Posted by 3Cforme
Employees may have to wait a bit, but payroll is first in line for liabilities to be paid.
I always understood that Fed and State tax liability technically comes first. However from a practical standpoint, employees generally get advanced to the front of the line.
Craig6z is offline