Bankruptcy
What Employees Are Owed When an Employer Files for Bankruptcy
Unpaid pay, 401(k) money, pensions and health coverage each follow different rules when an employer goes bankrupt. The priority cap, first-day wage motions and where to file.
Tag: employees
Mergers & Acquisitions
What Happens to Employees When Their Company Is Acquired
Your job, salary, paid time off, benefits and seniority after an acquisition depend on how the deal is structured and on the employee matters section of the merger agreement.