We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

All American Semiconductor Seeks Worker Bonuses

Law360 (April 26, 2007, 12:00 AM EDT) -- All American Semiconductor Inc., a Miami electronics distributor that filed for Chapter 11 on Wednesday, is seeking to offer bonuses to retain key employees as it moves forward with efforts to sell its business as a going concern.

The company asked the U.S. Bankruptcy Court for the Southern District of Florida on Thursday to allow it to pay bonuses to about 290 employees as it works to sell its business as a stand-alone company.

All American said its ability to maintain the value of its estates...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.