Payment of pre-petition and post-petition employee severance benefits
This article examines whether severance benefits promised to employees pre-petition may be paid after the employer has filed a chapter 11 bankruptcy petition. The answer depends on whether the severance benefits were payable based on length of service or in a single lump-sum payment, and whether the...
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Online Access: | http://hdl.handle.net/2047/d20002435 |