.A look at relevant employment laws and litigation vulnerabilities that companies, including their owners, officers and directors, should consider before ceasing operations or filing for bankruptcy.
USA, New Jersey, Employee Benefits & Pensions, Employment & Labor, Insolvency & Restructuring, Litigation, Greenberg Traurig LLP, Employee Retirement Income Security Act 1974 (USA), Coronavirus, Equal Employment Opportunity Commission (USA)
This week, the Third Circuit issued an opinion in NJDEP v. American Thermoplastics Corp et al., No. 18-2865, which adds a new wrinkle on CERCLA section 113(f)(2), which bars non-settling parties from bringing claims for contribution against settling parties, while also placing new emphasis on CERCLA section 104 cooperative agreements in the context of settlements.