Burlington, NC asked in Bankruptcy for North Carolina

Q: Do I have recourse? I took a job only to find out on my first day that the company filed Chapter 11 a few days prior.

I interviewed three times for this job and made clear that transparency was my biggest factor due to bad experiences. I researched the company and found nothing and then accepted the job. I left another job for this one. On my first day I find out they had filed bankruptcy Chapter 11 a few days after my offer acceptance. I’m not listed as a creditor and their intent is to sell but my position looks like it will disappear. Did they not have a responsibility to notify me before resigning from another job to come here?

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1 Lawyer Answer
Timothy Denison
Timothy Denison
Answered
  • Bankruptcy Lawyer
  • Louisville, KY

A: It is unfortunate and they should have notified you but they are not legally obligated to do so.

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