This fact sheet is intended to explain the basics and significance of corporate bankruptcy from a Union employee’s perspective. It is not meant to constitute a legal opinion or advice, and does not replace independent consultation with an attorney. Each employer and employee’s situation is unique. Accordingly, contact the Legal Department with any questions if you learn that your employer has filed a bankruptcy petition.
Download and read the fact sheet here.
Letter from Jeff Brundage to International President James C. Little.