Chaos Spells Opportunity
The very mention of a "troubled company" sends shivers up and down your spine. For good reason. Many of us were fired from companies that…
Bankruptcy
Detroit Struggles to Pay Pensions
Now that Detroit has become the largest U.S. city to declare bankruptcy, many other large cities are watching to see how it all plays out.…
Detroit Declares Bankruptcy
It's finally happened: due to the financial collapse of 2009, the crises that shook the nation, and which made Michigan, for a time, the state…
Workers at Hostess Would Rather be Unemployed
In a report from Reuters, workers with the Bakery, Confectionery, Tobacco and Grain Millers (BCTGM) Union approved a strike early in November of Hostess after…
Clothing Store Argues that Woman’s Age-Discrimination Claim Belongs to Bankruptcy Trustee
A woman fired from a clothing store brought an age-discrimination lawsuit to the courts. But was the claim even hers, or did it belong to…
Company Bankrupt, Supervisor and HR Manager Next in Line for Lawsuit
A former employee alleged racial discrimination and retaliation, but the company where he worked, Equistar Chemicals, LP – as well as its affiliate, Lyondell Chemical…
Lawsuit Against Tyson Foods Averted by Plaintiff’s Bankruptcy Claim
A truck driver for Tyson Foods, Inc. was fired after he tested positive for drugs. He filed a lawsuit, but his failure to prove his…
Former FedEx Employee Alleges Fraud in Bankruptcy Court
A former employee of FedEx Freight, Inc. had lost a case of discrimination brought against the company. His subsequent appeal included a claim of fraud…
Tough Economy could Cause New Bankruptcies
As the economy continues to struggle, experts warn that new bankruptcies will occur across the entire business spectrum. It has been three years since Lehman…
22,000 Jobs May Be Saved with New Blockbuster Deal
Blockbuster Inc. has received a ruling on March 10 on what it can do with the company after having filed for bankruptcy on September 23. …