When Worlds Collide: Labor and Bankruptcy Law in the 21st Century
6 East 44th Street
New York, NY
Well-publicized financial struggles in recent years of a good number of prominent companies have brought to the fore the impact of these companies' economic difficulties on their employees' existing benefits and protections. The intersection of bankruptcy law with existing labor laws, including collective bargaining agreements in place in particular companies, has given rise to a number of hot legal issues and concerns that will be addressed at this important and timely program:
- How does federal bankruptcy law, in particular Sections 1113 and 1114 of the Bankruptcy Code, fit or cause conflict with federal labor laws?
- Is there an inherent and irreconcilable conflict between the policies underlying the federal bankruptcy and the federal labor laws?
- What legal directions and practical guidance are available in dealing with employee benefits in a bankruptcy environment?
- What can happen to retiree benefits in a bankruptcy environment?
The experienced and well-qualified program faculty will cover labor law issues attendant to the corporate restructuring setting as well as the intersection of and relationship between the federal labor and bankruptcy laws in the corporate restructuring context, with particular emphasis on the operation of Sections 1113 and 1114 of the Bankruptcy Code on collective bargaining agreements and employee benefits in specific cases.
This program will offer you a useful opportunity to gain knowledge and insight, from both the company's and employee's perspectives, in this current and often controversial setting. It is hoped that the faculty consisting of both bankruptcy and labor law specialists will draw practitioners from the bankruptcy and labor bars and that each such constituency will gain valuable insight from the perspectives of their colleagues from the two different disciplines.
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