Bankruptcy Related Advice on WARN Compliance and Litigation

  • Defense of WARN suit in United States District Court against parent company alleging de facto control of bankrupt subsidiary. Case settled based on capped dollars and percentage of recovery on claim by subsidiary and parent company against financial entity related to cancellation of credit line.
  • Negotiated settlement with union WARN adversaries each seeking approximately $30 million in damages in addition to negotiating settlement with a class action plaintiff as predicate to consensual plan of liquidation.
  • Pre-petition advice on WARN compliance, severance and contractual liabilities; and 1113 negotiations with IBT as aspect of motion to approve plan on behalf of bankrupt cargo airline; advice addressed status of CBA, furlough and severance demands, resolution of pending grievances, and wind up matters and to effectuate settlement of WARN claims.

Related Practices

Email Disclaimer