Yellow | 90 Day Notice... What am I Missing

[Cav3 Man]

I just can't stop thinking about the required 90 Notice...

Can someone explain this to me...

 

[Cav3 Man]

90 Day Notice

 

[joefirm]

Only need a 90 day notice (Warn Act) if the company purposely intends to close their doors in a location while keeping others open. Doesn't apply during a bankruptcy or act of God.

 

[SuperCourse]

It's subject to interpretation and will probably end up in litigation or just ruled out.

 

[drummerforhire]

 

[Streaker69]

WARN is a 60 day notice and there are a few exceptions. There are 2 that apply to Yellow.

First, is the company can avoid WARN if they are actively trying to gain capital to save the business and if issuing a WARN would damage that ability.

Second, if they're filing for bankruptcy the court can decide the terms of WARN. If they file bankruptcy before closing, they're in the clear but they can not continue to operate after filing.

 

[Razorblade]

WARN is a 60 day notice and there are a few exceptions. There are 2 that apply to Yellow.

First, is the company can avoid WARN if they are actively trying to gain capital to save the business and if issuing a WARN would damage that ability.

Second, if they're filing for bankruptcy the court can decide the terms of WARN. If they file bankruptcy before closing, they're in the clear but they can not continue to operate after filing.

To summarize, you can't be required to pay what you don't have.