Aeromexico, prepping for layoffs, looks to pay severance amid bankruptcy
11/4/20 REUTERS LEGAL 21:32:42
•
Copyright (c) 2020 Thomson Reuters
•
Maria Chutchian
REUTERS LEGAL
•
November 4, 2020
The logo of the aerial company Aeromexico is seen at the Aeromexico counter at Benito Juarez international airport in Mexico City, Mexico, July 1, 2020. REUTERS/Edgard Garrido
(Reuters) - Grupo Aeromexico is seeking bankruptcy court approval to make $31.5 million in severance payments to 1,830 employees it plans to lay off as part of its restructuring process.
The Mexican airline, represented by Davis Polk & Wardwell, filed...
End of Document© 2024 Thomson Reuters. No claim to original U.S. Government Works.