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News Release

For Immediate Release
November 16, 2010

Senior Assistant Attorney General Peter Roth
(603) 271-3679
Commissioner George N. Copadis
Department of Labor
(603) 271-3699

Delaware Bankruptcy Trustee Pays Remaining Accrued Vacation Time to CCT Workers Laid Off in 2005

Attorney General Michael Delaney and Commissioner of Labor George Copadis announced today that a Delaware Bankruptcy Court has approved New Hampshire's request for an additional $181,000 to pay the last of the vacation time owed to former workers of Car Component Technologies (CCT) of Bedford and Merrimack which closed without notice just before Thanksgiving 2005.

In December 2005, Governor Lynch asked the Department of Justice and the Department of Labor to intervene in CCT's bankruptcy filing to help protect the rights of New Hampshire workers. New Hampshire's Labor Commissioner George Copadis and Peter Roth, Senior Assistant Attorney General, led the state's efforts in the CCT bankruptcy, and in early 2006 secured an initial payment of $100,000. The agreement reached then provided that the Trustee would pay the remainder of approximately $181,000 when his liquidation of CCT's assets had progressed far enough to enable payment of the workers' priority claims.

Through the efforts of Commissioner Copadis and the Department of Justice, the Trustee recently funded the remainder of the accrued vacation pay priority claims. Commissioner Copadis is reaching out to former workers and will deliver checks to those who come to the New Hampshire Works Office, 300 Hanover Street, Manchester, at 3:00 P.M., Thursday November 18th, the day after the 5th anniversary of CCT's closing. Commissioner Copadis will mail checks to those who do not pick them up on Thursday.

Labor Commissioner Copadis said, "I am very pleased that with the Attorney General's assistance and perseverance and at Governor Lynch's direction, we were able to secure payment of the priority claim amounts due for accrued vacation time benefits for the former employees of CCT through the Delaware Bankruptcy Court."

For additional information please contact Commissioner Copadis at 271-3699 or Senior Assistant Attorney General Peter Roth at 271-3679.

New Hampshire Department of Justice | 33 Capitol Street | Concord, NH | 03301
Telephone: 603-271-3658