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Labor & Employment – ERISA – Severance Benefits – Plant Closing – Notice Of Amendment (access required)

Where the manufacturing company in 1989 purported to draft and file amendments to its 1987 severance package, but the company did not have the amendments approved and signed by the company president, and the 1987 policy provided no specific procedures for amending the plan, the 1987 plan applied when the company closed its plant. The 1987 ...

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