Bankruptcy is tough on companies, with creditors needing to get paid and legal hoops to jump through. Dealing with unionized labor during bankruptcy may not be a top priority for general counsel and other executives. But as two recent cases show, the intersection of labor law and bankruptcy can get tricky. Companies need to be aware of their obligations to negotiate with the unions about the effects of a bankruptcy filing. They also must remember that they need not necessarily deal with an onerous labor contract when reorganizing their business.
Republic Windows & Doors
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
