BREAKING NEWS

Court rules Kika has 72 hours to pay employees' April wages

By JPOST.COM STAFF

MAY 13, 2012 09:24

Petah Tikva District Court on Sunday approved a request by the management of the Israeli branch of the Austrian furniture chain Kika in Netanya to freeze legal proceedings against it for failure to pay its some 250 employees their April salaries. The court ruled that Kika has 72 hours to pay the employees what is owed them.

After having its line of credit cut off by Bank Hapoalim and Bank Leumi, the store closed its doors on Thursday, prompting the unpaid employees to stage a de facto demonstration in the store's parking lot.

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