NEW ORLEANS - A panel of the Fifth Circuit U.S. Court of Appeals on Feb. 11 affirmed a bankruptcy court's ruling that a company did not violate federal employment law when it suddenly filed for bankruptcy, closed its plan and conducted mass layoffs because those developments were not foreseeable (David Angles, et al. v. Flexible Flyer Liquidating Trust $(In Re: Flexible Flyer Liquidating Trust$), No. 12-60242, Chapter 11, 5th Cir.)....(read more)![]()
↧