Ruling gives workers added protection when employers go bankrupt

Supreme Court of Canada finds that unionized employees are creditors too
By
|hrreporter.com|Last Updated: 08/15/2006

Employees now stand a better chance of having their rights protected in bankruptcy cases and of sharing in whatever proceeds remain when bankruptcies occur, thanks to a recent Supreme Court of Canada ruling.

The case,

GMAC Commercial Credit Corporation - Canada v. T.C.T. Logistics Inc, 2006