Former RadioShack Employees Object To Del. Ch. 11 Plan

Law360, Wilmington (October 16, 2017, 4:13 PM EDT) -- A group of former employees suing defunct RadioShack over botched mass layoffs urged a Delaware bankruptcy court Monday to shoot down the electronic retailer's proposed Chapter 11 plan, saying it provides no information on how RadioShack will pay for the proposed class action if the laid-off workers prevail.

RadioShack's proposed Chapter 11 plan seeks to reorganize the bankrupt electronics retailer's debt structure and to shift its operational focus to its e-commerce assets. But lead plaintiffs Calvin Hoskison and Eric Vanderlip say it barely addresses their proposed class action, which alleges RadioShack violated wage theft laws and the Worker Adjustment and Retraining...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!