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Sears Canada employees are seeking a continuation of health benefits.
Manage episode 431646751 series 2342420
Sears Canada employees are seeking a continuation of their health benefits through to October as the company restructures under creditor protection. The request is one of several motions being heard today at the Ontario Superior Court which granted Sears creditor protection. The motion says $7.6 million in discretionary retention payments for key employees should have a lower priority than the claims by employees who have been laid off or given notice that they will lose their jobs without severance in the coming months. Do they have a shot?
Guest: Marvin Ryder. Business Professor, DeGroote School of Business, McMaster University.
Learn more about your ad choices. Visit megaphone.fm/adchoices
5000 episodes
Manage episode 431646751 series 2342420
Sears Canada employees are seeking a continuation of their health benefits through to October as the company restructures under creditor protection. The request is one of several motions being heard today at the Ontario Superior Court which granted Sears creditor protection. The motion says $7.6 million in discretionary retention payments for key employees should have a lower priority than the claims by employees who have been laid off or given notice that they will lose their jobs without severance in the coming months. Do they have a shot?
Guest: Marvin Ryder. Business Professor, DeGroote School of Business, McMaster University.
Learn more about your ad choices. Visit megaphone.fm/adchoices
5000 episodes
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