Employees and pensioners face financial risks in business insolvencies.
The article discusses what happens when a business can't pay its debts, and how this affects different people involved. Some creditors are better prepared for this situation, while others, like employees and pensioners, may lose more money. These groups are given special treatment because they can't afford to lose as much. The article looks at how these stakeholders are affected and why they need to be treated differently during insolvency.