Bill Type
Long Title
AN ACT EXTENDING PROTECTION TO LABOR IN CASES OF WORK STOPPAGE, CLOSURE, FORECLOSURE, INSOLVENCY AND RECEIVERSHIP, AMENDING FOR THE PURPOSE PRESIDENTIAL DECREE NUMBERED FOUR HUNDRED AND FORTY-TWO, OTHERWISE KNOWN AS THE LABOR CODE OF THE PHILIPPINES, AS AMENDED
Date filed
October 28, 1998
Scope
Urgent Bill
No

Legislative History

House Bill/Resolution NO. HB05059
FULL TITLE : AN ACT EXTENDING PROTECTION TO LABOR IN CASES OF WORK STOPPAGE, CLOSURE, FORECLOSURE, INSOLVENCY AND RECEIVERSHIP, AMENDING FOR THE PURPOSE PRESIDENTIAL DECREE NUMBERED FOUR HUNDRED AND FORTY-TWO, OTHERWISE KNOWN AS THE LABOR CODE OF THE PHILIPPINES, AS AMENDED
ABSTRACT : In the event of WORK STOPPAGE, CLOSURE, CORECLOSURE, INSOLVENCY, RECEIVERSHIP, bankruptcy or liquidation of an employer's business, his workers shall enjoy FIRST PREFERENCE as regards their unpaid wages and other monetary claims.
PRINCIPAL AUTHOR/S : LAGMAN-LUISTRO, CIELO KRISEL
DATE FILED : 1998-10-28
SIGNIFICANCE: NATIONAL
CO-AUTHORS :
1. 2.
ADMINISTRATION BILL? No
URGENT BILL? No
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON LABOR AND EMPLOYMENT ON 1998-11-10

Abstract

In the event of WORK STOPPAGE, CLOSURE, CORECLOSURE, INSOLVENCY, RECEIVERSHIP, bankruptcy or liquidation of an employer's business, his workers shall enjoy FIRST PREFERENCE as regards their unpaid wages and other monetary claims.

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Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.