What can a employee of a c-corporation do to get his back pay if the large stockholders want to close the corp. For tax losses._

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The officers of the corporation have not been paid for many months. The large investors need write offs and want close the corporation can we force payment because if left operating the future income could pay all our back pay.

Attorney Answer

1
Gregory Mack ·
You need to consult a Kentucky lawyer with knowledge of the Business Organizations Code or Statutes in your state to determine what your rights as employee are, if any. You may want to consider speaking with a Labor and Employment lawyer regarding the back wage issue, if the amount is substantial enough.
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