Employees who sue their employers must disclose that lawsuit if they file for bankruptcy—right? Maybe not. In Slater v. U.S. Steel Corp., the Eleventh Circuit overruled prior precedent and impaired a valuable defense for early dismissal or settlement with bankrupt plaintiffs. This decision will affect strategy for employers that face litigation from bankrupt plaintiffs.
Legal Background
USA, Banking, Employment & Labor, Insolvency & Restructuring, Litigation, Bradley Arant Boult Cummings LLP, Eleventh Circuit