Severance Pay When a Business Closes
Severance pay for employees when a company shutters
Employment lawyer Alex Lucifero discusses severance pay when a business closes on CTV News. The company that owns Carlton Cards and Papyrus is closing all of its stores in North America, including 76 Canadian locations.
Schurman Retail Group CEO Dominique Schurman announced that many of the closures will occur within the next four to six-week period.
Are you owed severance pay when a business closes, but does not declare bankruptcy or creditor protection?
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• Carlton Cards severance packages
Alex Lucifero is an Ottawa employment lawyer and partner at Samfiru Tumarkin LLP. He joined Leslie Roberts on CTV Morning Live to discuss employee rights to severance pay when a business closes down and shuts its doors.
About the Author
Alex C. Lucifero
Alex C. Lucifero is a partner and member of Samfiru Tumarkin LLP's Labour and Employment Law Group and Long-term Disability Group in Ontario.
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