US House bill would shield workers in bankruptcies

Newswire

WASHINGTON, Sept 24 (Reuters) - Workers' and retirees' wages and pension benefits would be protected in corporate bankruptcies under a bill to be introduced on Tuesday by Democratic U.S. lawmakers with support from labor unions. House of Representatives Judiciary Committee Chairman John Conyers, a Michigan Democrat, said he will offer the bill to "make it more difficult for the companies to use bankruptcy as a way to gut workers' wages and benefits," according to a statement. Conyers ...

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