http://popsquire.com/axium/axium-is-axed/ where pop culture and law collide... Fri, 19 Mar 2010 00:40:09 -0500 http://wordpress.org/?v=2.8.4 hourly 1 http://popsquire.com/axium/axium-is-axed/comment-page-1/#comment-98 russell wetanson Thu, 10 Jan 2008 23:30:14 +0000 http://popsquire.com/2008/01/08/axium-is-axed/#comment-98 Popsquire is unaware of any express exception due to Chapter 7. However, the WARN Act does provide an exception in the event of so-called "unforeseen circumstances" that prevent a company from providing advanced notice of closure. This, of course, would depend on the particular circumstances. Some question that need answering include: How long before closing did a company know it was going to shut down? What were the reasons for the shut down? Was it due to a series of events? Or was it due to one major, unpredictable event? Popsquire is unaware of any express exception due to Chapter 7. However, the WARN Act does provide an exception in the event of so-called “unforeseen circumstances” that prevent a company from providing advanced notice of closure. This, of course, would depend on the particular circumstances. Some question that need answering include: How long before closing did a company know it was going to shut down? What were the reasons for the shut down? Was it due to a series of events? Or was it due to one major, unpredictable event?

]]> http://popsquire.com/axium/axium-is-axed/comment-page-1/#comment-97 John Engler Thu, 10 Jan 2008 22:59:34 +0000 http://popsquire.com/2008/01/08/axium-is-axed/#comment-97 Does chapter 7 exempt Axium from the WARN Act? Does chapter 7 exempt Axium from the WARN Act?

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