Taking Care of HR Business

A blog from the attorneys of Verrill

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Category: WARN Act

WARNing: You Could be Personally Liable

"Can I be personally liable?" Directors, officers, and managers of business entities frequently ask that question of their attorneys. A recent Delaware decision reveals an important area of potentially huge personally liability involving a sudden shutdown caused by insolvency. Some states, including Maine, California, Hawaii, Illinois, Iowa, New Hampshire...
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