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Top 10 Labor and Employment Issues in Bankruptcy

The Energy Law Blog

The three exceptions are: Faltering Company Exception (applies to closing but not mass layoffs) which requires that the employer 1) sought capital or business at the time that the 60 days’ notice would have been required, 2) had a realistic opportunity to obtain finance or business which 3) would have been sufficient to avoid the shutdown (the employer (..)

E&A 52
article thumbnail

Top 10 Labor and Employment Issues in Bankruptcy

The Energy Law Blog

The three exceptions are: Faltering Company Exception (applies to closing but not mass layoffs) which requires that the employer 1) sought capital or business at the time that the 60 days’ notice would have been required, 2) had a realistic opportunity to obtain finance or business which 3) would have been sufficient to avoid the shutdown (the employer (..)

E&A 40