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The Proposed Bankruptcy Fairness and Employee Benefits Protection Act of 2014: Restrictions on Employers in Bankruptcy

Legislation that was recently introduced in the Senate called the Proposed Bankruptcy Fairness and Employee Benefits Protection Act of 2014 would limit the abilities of corporations who are in the midst of bankruptcy to alter the pay rate or benefits that is provided to employees and/or retirees of the company. Senator Jay Rockefeller and the […]