Bankruptcy Court Judge Approves Nassau Severance Plan

Terminated Employees To Be Paid

U.S. Bankruptcy Court Judge KEVIN GROSS has approved a severance plan for former NASSAU BROADCASTING employees. 

The plan gives eligible parties terminated without cause and not offered a comparable job (at least 75% of the NASSAU salary) with the stations' buyers payments based on their tenure with NASSAU, capped at 2 months' base salary.

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