Insolvency rules are not to blame for the CHCH TV restructuring case that has left former employees of the broadcaster without severance pay, according to a Toronto lawyer who says it is instead corporate law policies that should be reviewed in light of that situation.
As Canadian Lawyer InHouse reported in December, Channel Zero Inc., the parent company of CHCH TV, announced the bankruptcy filing of Channel 11 LP, which was contracted to provide programming and studio operations for CHCH. About 130 full-time and 40 part-time employees of the station were let go.
According to employment lawyer Danny Kastner of Kastner Law, losing a job isnt ideal at any point, but most employees would prefer early notice and severance pay to long…
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