A coalition of House Democrats led by Rep. John Conyers Jr., D-Mich., plans to introduce legislation Tuesday that would protect worker wages and benefits in corporate bankruptcies, according to a news release.
“The bill seeks to protect workers and retirees when corporations file for bankruptcy and makes it more difficult for the companies to use bankruptcy as a way to gut workers’ wages and benefits,” according to the news release issued today by the House Judiciary Committee.
Melanie Roussell, a committee spokeswoman, said additional details about the legislation won’t be released until Tuesday.
