Sunday, June 30, 2013

COLOMBIAN EMERALDS ST MAARTEN TO CLOSE AFTER DECADES IN SXM, BUT IS IT LEGAL?

Colombian Emeralds has always been one of the finer jewelry stores in St Maarten, they have just announced that they will be closing all St Maarten stores, but for the concession stand at the Princess Juliana International Airport. The government is now bringing up questions of legality, considering the fact that not only does Colombian Emeralds have a large group of employees that they will be laying off. In St Maarten law, there are certain guidelines to laying off so many people at one time, and it appears that Colombian Emeralds have not followed the rules when it comes to the proper procedure laying off their employees. In any event, expect large payouts to certain employees who have loyally worked at Colombian Emeralds for decades.

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