Labor/Employment
Dec. 5, 2014
To WARN or not to WARN, that is the issue the court faced
Must a financially troubled employer, anticipating that a sale of its business will solve its financial problems, give federally mandated layoff notices to its employees? By Ivan L. Kallick
Must a financially troubled employer, anticipating that a sale of its business will solve its financial problems, give federally mandated layoff notices to its employees? And, having decided not to give the notices, what happens to the employer when the sale fails to close? To WARN or not to WARN, that is the issue that faced the U.S. Bankruptcy Court for the District of Delaware in Annette Varela etc. v. Eclipse Aviation Corporation (AE Liq...
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