Rep. Nadler, Sen. Durbin: Corporations Must Give Workers and Retirees Fair Treatment in Bankruptcy
June 26, 2020
June 26, 2020
WASHINGTON, June 26 -- Rep. Jerrold Nadler, D-New York, issued the following news release on June 25:
House Judiciary Committee Chairman Jerrold Nadler (D-NY) and U.S. Senate Democratic Whip Dick Durbin (D-IL) introduced a bicameral bill to curb abuses that deprive employees and retirees of their earnings and retirement savings when businesses file for bankruptcy. The Protecting Employees and Retirees in Business Bankruptcies Act would make reforms to rebalance the Chapter 11 bankru . . .
House Judiciary Committee Chairman Jerrold Nadler (D-NY) and U.S. Senate Democratic Whip Dick Durbin (D-IL) introduced a bicameral bill to curb abuses that deprive employees and retirees of their earnings and retirement savings when businesses file for bankruptcy. The Protecting Employees and Retirees in Business Bankruptcies Act would make reforms to rebalance the Chapter 11 bankru . . .