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September 2, 2009
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Despite Company Bankruptcy, Court Finds Managers Liable for Wages
The decision may not even resonate outside the court's jurisdiction, but the Ninth Circuit Court of Appeals has found that individual managers can be held liable for former employees' back wages even after a company has gone bankrupt.
In a Nevada case, Boucher v. Shaw, former employees sued the CEO and CFO of the bankrupt parent company for back wages. After a District Court dismissal, the Nev...
