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

Law360, Wilmington (August 24, 2012, 5:11 PM EDT) -- 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.

Ethan Willock filed a putative class action Aug. 3, the day he and some 490 other employees at Pemco's Florida headquarters were let go. Later that day Pemco filed notice that its court-approved auction had fallen apart and the...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

WAS Services, Inc.


Case Number

1:12-bk-10799

Court

Delaware

Nature of Suit

Date Filed

March 5, 2012

Law Firms

Companies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.