Bankrupt Game Co. THQ Looks To Settle With Laid-Off Workers

Law360, Wilmington (February 1, 2013, 8:26 PM EST) -- Defunct video-game maker THQ Inc. on Thursday asked for a Delaware bankruptcy judge’s permission to offer more than 200 former employees a settlement consisting of 30 days’ pay and benefits to compensate for their unexpected termination.

The settlement would resolve potential Worker Adjustment Retraining and Notification Act claims that arose just last week, when THQ sold its assets at a bankruptcy auction but failed to sell a Texas studio and its California headquarters, resulting in the Jan. 25 layoffs, according to a motion filed with the...
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