WAS Services, Inc.

  1. April 10, 2013

    Bankrupt Pemco Settles Workers' WARN Act Suit

    Bankrupt aircraft parts and maintenance company Pemco World Air Services Inc. agreed Tuesday to pay nearly $375,000 to the roughly 500 workers who say they were laid off in August without adequate notice.

  2. August 24, 2012

    Abrupt Pemco Layoffs Should Negate Ch. 11 Sale: Ex-Worker

    A former employee of Pemco World Air Services Inc. asked a Delaware bankruptcy judge Thursday to vacate the sale order for the aircraft-maintenance company, claiming the notice that announced a change in buyers failed to give workers adequate notice of the planned layoff of nearly 500 workers.

  3. August 06, 2012

    Pemco Lender To Buy Assets After $50M Singapore Deal Jams

    Bankrupt Pemco World Air Services Inc. said Friday that it will sell its assets to an affiliate of private equity firm Sun Capital Partners LP, the aircraft maintenance company's primary lender, after failing to close a $50 million asset-purchase agreement with a Singapore-based company.

  4. August 06, 2012

    Ex-Pemco Employees Lodge WARN Suit Over Mass Layoffs

    Former employees sued bankrupt Pemco World Air Services Inc. in Delaware on Friday, claiming the commercial aircraft maintenance firm unlawfully failed to give almost 500 employees enough notice of planned mass layoffs at its Florida facility.

  5. June 12, 2012

    Pemco Cleared To Sell Assets To Singapore Co. For $50M

    A Singapore-based company won court approval Tuesday to buy bankrupt Pemco World Air Services Inc.'s assets for $49.7 million after topping a credit bid from an affiliate of private equity firm Sun Capital Partners LP, the aircraft maintenance company's current owner.

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