cumsock
11:52
Warning
Info
Warning
Info
LSDefine
Simple English definitions for legal terms
sixty-day notice
Read a random definition: preferred-provider organization
A quick definition of sixty-day notice:
Term: Sixty-Day Notice
Definition: A sixty-day notice is a requirement under labor law for either party involved in a collective-bargaining agreement to give advance notice before reopening or terminating the contract. During this period, strikes and lockouts are not allowed. This rule is in place to ensure that both parties have enough time to negotiate and come to an agreement without disrupting work or causing harm to employees.
A more thorough explanation:
Definition: A sixty-day notice is a requirement under labor law, specifically the Taft-Hartley Act, that mandates either party to a collective-bargaining agreement to provide a 60-day advance notice to reopen or terminate the contract. During this period, strikes and lockouts are prohibited.
Example: If a company wants to terminate a collective-bargaining agreement with its employees, it must provide a sixty-day notice to the union representing those employees. This notice gives both parties time to negotiate and come to an agreement before the contract is terminated.
Explanation: The example illustrates how a sixty-day notice works in practice. It shows that the notice is a legal requirement that must be followed by both parties to a collective-bargaining agreement. The notice period allows for negotiations to take place, which can help prevent strikes and lockouts that could disrupt business operations.