Monday, April 28, 2008

OSRAM's Towanda plant sold to Austrian company

I posted this news item in the "News" section C&C Law's web site here.

Whenever we have a major plant closing I often get calls from people who have current workers' compensation cases with the company being sold. The employees are usually concerned about the continuation of their benefits, etc.

99% of the time, though, you don't have to worry about your benefits stopping or being effected at all by the sale. Obviously, though, your job (assuming you're still working either full or light duty) might be affected. So, if your company is sold and you are laid off but you also have an open workers' compensation case, make sure you talk to an experienced workers' comp. lawyer to review your options.

There's more information on the sale here.

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