The Ninth Circuit Court of Appeals held on July 27, 2009 in Boucher v. Shaw that individual managers of a bankrupt corporation can be held liable to the corporation's former employees for unpaid wages under the federal Fair Labor Standards Act ("FLSA").
USA, Employment & Labor, Insolvency & Restructuring, Litigation, Sheppard Mullin Richter & Hampton LLP, Wage, Bankruptcy, Class action, Debt, Fair Labor Standards Act 1938 (USA), Chief executive officer, Chief financial officer, Supreme Court of the United States, Ninth Circuit, Nevada Supreme Court