Question
NationsWay, Inc., a trucking company, declared bankruptcy in 2016, and as a result had all of its contract obligations discharged.. The employees of the company
NationsWay, Inc., a trucking company, declared bankruptcy in 2016, and as a result had all of its contract obligations discharged.. The employees of the company then sued the president of NationsWay, contending she should be held personally liable for the unpaid wages and benefits. They based their cause of action on the fact that they had been hired by the president and that she had given them assurances that they had a permanent job. Is the president individually liable for the wages of the corporation's former employees?
An answer should show recognition of the issues presented by the question, an understanding of the material facts, the principles of law applicable, and the reasoning relied upon by you to support your conclusion.
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