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Can My Business In New York Discharge, In Bankruptcy, Employees’ Claims for Unpaid Wages?

In general, yes. Employees’ claims for wages, salaries or commissions earned before the filing of a corporate employer’s bankruptcy petition are dischargeable, unless such pre-petition wage claims are debt for “willful and malicious injury by the debtor [the employer] to another entity...

Ninth Circuit Rules that Withdrawal Liability is Dischargeable in Bankruptcy

Withdrawal liability can arise when an employer ceases to participate or reduces its participation in a multiemployer pension plan, and the plan's assets are not sufficient to meet the benefits that have been promised to participants. What that can mean for employers is a large assessment from the...