D&O Liability For Wages, WARN Act Violations

Law360, New York (February 9, 2009, 12:00 AM EST) -- As the current financial markets have reminded us, attempts to predict the future are fraught with peril.

Businesses that survived the Great Depression have imploded with frightening speed. Businesses once described as “too big to fail” are now circling the drain. While some businesses remain well-positioned to weather the storm, countless others are struggling to remain afloat.

Facing an uncertain future, now is a good time for officers and directors of distressed companies to ask themselves: “What is the worst that can happen?”

This article explores...
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