--- title: "Meaning & Key Takeaway of: Other countries around the world make…" description: "\"Other countries around the world make employees and retirees first in the priority. For example, in Mexico, the bankruptcy laws say if a company wants ..." image: "https://sms4smile.com/quotes/i/008/elizabeth-warren-879_around_other-countries-around-the-world-make-em_1310079.jpg" --- # Other countries around the world make employees and… ![“Other countries around the world make employees and retirees first in the priority. For example, in Mexico, the bankruptcy laws say if a company wants to go bankrupt... obligations to employees and retirees will have a first priority. That has an effect on every negotiation that takes place with…” quote by Elizabeth Warren](https://sms4smile.com/quotes/i/008/elizabeth-warren-879_around_other-countries-around-the-world-make-em_1310079.jpg) [Download](https://sms4smile.com/quotes/i/008/elizabeth-warren-879_around_other-countries-around-the-world-make-em_1310079.jpg) [Open image](https://sms4smile.com/quotes/i/008/elizabeth-warren-879_around_other-countries-around-the-world-make-em_1310079.jpg) > “Other countries around the world make employees and retirees first in the priority. For example, in Mexico, the bankruptcy laws say if a company wants to go bankrupt... obligations to employees and retirees will have a first priority. That has an effect on every negotiation that takes place with every company in Mexico.” [Elizabeth Warren](https://sms4smile.com/quotes/author/elizabeth-warren/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Prioritizing employee and retiree claims in bankruptcy protects workers and influences corporate negotiations. **In simple terms:** Protect workers by giving them top claim priority in bankruptcy. Key Takeaway Advocate policies that put workers first. Themes labor rights bankruptcy law corporate responsibility Mood concerned determined Type policy advocacy When to use this quote - company negotiations - policy advocacy - employee benefits - retirement security Key Concepts social safety nets legal hierarchy economic stability Questions to Reflect On - How does this priority affect business risk? - What alternatives exist for balancing creditor interests? A Different Perspective May reduce creditor recovery and deter investment. ★ ★ ★ ★ ★ No ratings yet [Around](https://sms4smile.com/quotes/about/around/) [Around the world](https://sms4smile.com/quotes/about/around-the-world/) [Bankrupt](https://sms4smile.com/quotes/about/bankrupt/) [Bankrupt Obligations](https://sms4smile.com/quotes/about/bankrupt-obligations-4332264/) [Bankruptcy](https://sms4smile.com/quotes/about/bankruptcy/) [Company](https://sms4smile.com/quotes/about/company/) [Countries](https://sms4smile.com/quotes/about/countries/) [Effect](https://sms4smile.com/quotes/about/effect/) [Employees](https://sms4smile.com/quotes/about/employees/) [Employees Retirees](https://sms4smile.com/quotes/about/employees-retirees-4332265/) [Every](https://sms4smile.com/quotes/about/every/) [Example](https://sms4smile.com/quotes/about/example/) [First](https://sms4smile.com/quotes/about/first/) [First priority](https://sms4smile.com/quotes/about/first-priority/) [For example](https://sms4smile.com/quotes/about/for-example/) [Go](https://sms4smile.com/quotes/about/go/) [Laws](https://sms4smile.com/quotes/about/laws/) [Make](https://sms4smile.com/quotes/about/make/) [Mexico](https://sms4smile.com/quotes/about/mexico/) [Mexico Bankruptcy](https://sms4smile.com/quotes/about/mexico-bankruptcy-4332263/) [Negotiation](https://sms4smile.com/quotes/about/negotiation/) [Obligations](https://sms4smile.com/quotes/about/obligations/) [Other](https://sms4smile.com/quotes/about/other/) [Other countries](https://sms4smile.com/quotes/about/other-countries/) [Place](https://sms4smile.com/quotes/about/place/) [Priority](https://sms4smile.com/quotes/about/priority/) [Retirees Priority](https://sms4smile.com/quotes/about/retirees-priority-4332262/) [Say](https://sms4smile.com/quotes/about/say/) [Takes](https://sms4smile.com/quotes/about/takes/) [Wants](https://sms4smile.com/quotes/about/wants/) [Wants Bankrupt](https://sms4smile.com/quotes/about/wants-bankrupt-4332266/) [Will](https://sms4smile.com/quotes/about/will/) [World](https://sms4smile.com/quotes/about/world/) ## Related quotes > [It's very likely that graduates, current employees and retirees have some wonderful pieces of Deer Park history in their closets or garages.](https://sms4smile.com/quotes/matt-lucas/it-s-very-likely-that-graduates-current-employees-and-retirees-have/) [Matt Lucas](https://sms4smile.com/quotes/author/matt-lucas/) > [Some economists estimate that for every family that goes bankrupt, there are about 15 more who are in the same amount of financial trouble…](https://sms4smile.com/quotes/elizabeth-warren/some-economists-estimate-that-for-every-family-that-goes-bankrupt/) [Elizabeth Warren](https://sms4smile.com/quotes/author/elizabeth-warren/) > [“The single best predictor that a family would go bankrupt was if they had a child.”](https://sms4smile.com/quotes/elizabeth-warren/the-single-best-predictor-that-a-family-would-go-bankrupt-was-if-they/) [Elizabeth Warren](https://sms4smile.com/quotes/author/elizabeth-warren/) > [I was spiritually bankrupt, and when that happens, it's like a spiritual cancer afflicts you.](https://sms4smile.com/quotes/mel-gibson/i-was-spiritually-bankrupt-and-when-that-happens-it-s-like-a/) [Mel Gibson](https://sms4smile.com/quotes/author/mel-gibson/) > [“Why is this such a well-kept secret? 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When they break the law, they deserve to have handcuffs.](https://sms4smile.com/quotes/elizabeth-warren/you-can-put-handcuffs-on-people-who-push-the-envelope-when-they-break/) [Elizabeth Warren](https://sms4smile.com/quotes/author/elizabeth-warren/) > [The broken consumer credit market had to be repaired by making sure that consumers had the right information and could use it effectively. That…](https://sms4smile.com/quotes/elizabeth-warren/the-broken-consumer-credit-market-had-to-be-repaired-by-making-sure/) [Elizabeth Warren](https://sms4smile.com/quotes/author/elizabeth-warren/) > [“When you have no real power, go public—really public. The public is where the real power is. Those”](https://sms4smile.com/quotes/elizabeth-warren/when-you-have-no-real-power-go-public-really-public-the-public-is/) [Elizabeth Warren](https://sms4smile.com/quotes/author/elizabeth-warren/) [Explore all 342 Elizabeth Warren quotes ](https://sms4smile.com/quotes/author/elizabeth-warren/) ## More Around quotes > [I actually think acting is a form of self-hypnosis. You have to be hyper, hyper aware of what's going on around you. You have…](https://sms4smile.com/quotes/julianne-moore/i-actually-think-acting-is-a-form-of-self-hypnosis-you-have-to-be/) [Julianne Moore](https://sms4smile.com/quotes/author/julianne-moore/) > [I guess, it's a father's dream for his daughter to be known around the world.](https://sms4smile.com/quotes/liza-soberano/i-guess-it-s-a-father-s-dream-for-his-daughter-to-be-known-around-the/) [Liza Soberano](https://sms4smile.com/quotes/author/liza-soberano/) > [I've been to Manchester enough to know it's a real place. 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I guess what is fun about this role in 'Suburgatory' is that there's a lot…](https://sms4smile.com/quotes/alan-tudyk/i-guess-i-m-attracted-to-things-that-are-fun-i-guess-what-is-fun/) [Alan Tudyk](https://sms4smile.com/quotes/author/alan-tudyk/) > [When I was a teen, I would draw a really, really long line around my eyes with eyeliner, like Lola Flores.](https://sms4smile.com/quotes/rosalia/when-i-was-a-teen-i-would-draw-a-really-really-long-line-around-my/) [Rosalia](https://sms4smile.com/quotes/author/rosalia/) > [I think the issues around diversity of all kinds are really a huge problem in the startup world.](https://sms4smile.com/quotes/daniel-lyons/i-think-the-issues-around-diversity-of-all-kinds-are-really-a-huge/) [Daniel Lyons](https://sms4smile.com/quotes/author/daniel-lyons/) > [You always hear actors say, 'Theater is my first love,' and it is. 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