State and federal labor laws ensure that employees are fairly compensated for their work. When companies become insolvent, similar protections give wages and benefits a higher priority in bankruptcy over other creditors' claims. But does a bankruptcy judge have the...
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Layoffs, Closings and WARN Act
WARN Act Protects Laid off Employees of Companies in Bankruptcy
Being laid off is likely one of the most stressful events employees and their families will face. It means looking for a new job and wrestling with the financial uncertainty that comes with being out of work.Recognizing this, Congress passed the Worker Adjustment and...
U.S. Oil Worker Wage-and-Hour Pay Rights Issues
Since July 2014, the price of oil has dropped by half. That's good for consumers' pocketbooks, but one segment of the population is facing hard times: U. S. oil industry workers. In the past few years, the boom in oil production meant that companies needed to quickly...
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