680/1130 News – “Sears Act” Needed to Recognize Employee Rights During Bankruptcy
Lior Samfiru is a Toronto Employment Lawyer and partner at Samfiru Tumarkin LLP. He has issued a letter to MPs throughout Canada, urging Parliament to create a “Sears Act” to recognize employee rights during bankruptcy proceedings, so that the debacle that Sears Canada employees experienced where severance pay was concerned can be avoided when the next large-scale business closes its doors for good.
680 News business editor Kris McCusker reported on Samfiru’s Sears Act below, and wrote further about the requested legislation in an online article for both 680 News in Toronto and 1130 News in Vancouver.
Learn more about the Sears Canada bankruptcy and what the Sears Act is all about.