but if the company has declared bankruptcy...
i suppose,
the aggrieved party or someone, will have to show that the company is not bankrupt as claimed.
but if the company has declared bankruptcy...
i suppose,
the aggrieved party or someone, will have to show that the company is not bankrupt as claimed.
Last edited by dr. d; September 21st, 2020 at 01:30 PM.
Yes they needed to show us the financial statements and dole certificates for bankruptcy before we sign the papers. They reasoned out the “bankruptcy” a week after we signed the papers. As per youtube videos, bankruptcy = closure of their business. They’re still operating. They just downsized. We’re so happy that they declared it as Redundancy and not Retrenchment.
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Matagal na laban ito
Plus, decision in labor cases are inconsistent.
May cases where one party has won the case with the Labor Arbiter, won with the NLRC, won at the CA, then only to lose in the SC
May cases din where one party lost at the Labor Arbiter, won at the NLRC, lost at the CA, then won at the SC.
In short, expect all parties, including yourself, to bring this up all the way to the SC unless one party accepts the decision.
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