Section 1March 2, 1989, Sec./Art. 1

Article 110 of Presidential Decree No. 442, amended, otherwise known as the Labor Code of the Philippines, is hereby further amended to read as follows:

"Article 110. Worker preference in case of bankruptcy. - In the event of bankruptcy or liquidation of an employer's business, his workers shall enjoy first preference as regards their unpaid wages and other monetary claims, any provision of law to the contrary notwithstanding. Such unpaid wages and monetary claims shall be paid in full before the claims of the Government and other creditors may be paid."