And You Thought the Bailout Was Bad: Employment Law Risks in the Current Financial Crisis

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As the current economic crisis escalates and governmental plans to provide billions of dollars to intervene in the capital markets take shape, financial institutions and other businesses are being forced to restructure their operations through merger, acquisition or reductions in force. There are several, critical employment law issues that must be taken into account in any organization?s plan to address the new economic realities especially if reductions in force are a part of the organization?s strategy.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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