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?Possible company buy out, ?Unemployment Eligibility
#1
New question .........

The company my son works for is owned by 3 brothers, with 1 of the brothers selling out. The other 2 brothers have til 5/1 to come up with the $$ to buy him out, or another company is ready to buy. The other company has already determined they will most probably drop the division my son works in, (undergound electrical), most probably my son will then be out of a job as the overhead division requires climbing (poles) which he at this point cannot do and maybe never will. (crushed foot, Dr. states at least 2 more years for nerve, tendon, ligament healing)

If this senario takes place, would my son then be eligible for unemployment at the end of his wc claim?

By the way, his company has found work (4hrs p/day as Dr. released him to do) this week. This should resolve the insurance issue for him and his 2 yr old son.

Hope this makes sense, I am off to work and do not have much time.

Thank you all!
 
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#2
probably depends on if your son has enough qualifying pay periods in his account.
Reminder :
........Each state has their own comp system; POST YOUR STATE to get accurate information. Use the search feature to find information from similar questions.
THANKS FOR POSTING.
 
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