One worker who attended the protest, held at ANZ's offices in Collins Place on Tuesday, said it aimed to put pressure on the bank and receivers to ``put the workers first''.

"It went pretty well,'' he said.

"We got quite a bit of support from people walking past.''

The man said workers were concerned the ANZ bank, which is owed more than $60 million from Nylex Ltd, would be given priority over their entitlements.

"The bank will get its money before we do,'' he said.

"There needs to be changes made to the corporate law to put the workers first.

"Workers need to be the priority.''

National Union of Workers legal adviser Gary Maas agreed the workers' protest was successful.

"It helped in raising awareness about the long serving and loyal employees who have been left in the dark,'' he said.

Mr Maas attended the Nylex creditors meeting held on Wednesday, at which resolutions were put forward to put the various companies into liquidation.

"From our perspective that is the best way to have possible monies realised and have the money dispersed quickly,'' he said.

Mr Maas said the union had had difficultly ascertaining certainty about workers' full entitlements from the receivers.

"It's frustrating,'' he said.

"The information we're getting (from the receivers) is getting shakier.''

However Mr Maas also said there were a number of Nylex businesses still negotiating sales and there was a possibility the "shell company'' Nylex Ltd could be recapitalised.

"We're not sure about it yet, but it could be potentially very attractive to buyers,'' he said.

Mr Maas said if that were the case, the recapitalisation could possibly provide funding for employees' entitlements.

"We're yet to receive advice on this, but our position is we will keep working with the receivers and see how we go.

"We will keep battling along and put as much pressure on as we can.''