Examlex
What options are available to management when contract negotiations break down?
Discharged
The action of being released or relieved from an obligation, duty, or debt.
Tax Consequences
The effects that financial or legal decisions have on one's taxes owed to the government.
Bankruptcy Code
The set of laws codified under Title 11 of the United States Code, governing bankruptcy proceedings in the U.S.
Qualified Pension Plan
A retirement plan that meets the requirements established by the IRS, offering tax advantages to both employers and employees.
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