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The Worker Adjustment and Retraining Notification Act of 1988 (the "WARN Act") is a U.S. labor law that protects employees, their families, and communities by requiring most employers with 100 or more employees to provide notification 60 calendar days in advance of planned closings and mass layoffs of employees. [1]
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The notice period within which the buyer must fulfill the buyer contingencies can be negotiated and so longer or shorter than 72 hours. Further ambiguities arise if the 72 hours were only considered counted on business working days, excluding weekends and legal holidays .
The following holidays are observed by the majority of US businesses with paid time off: New Year's Day, New Year's Eve, [2] Memorial Day, Independence Day, Labor Day, Thanksgiving, the day after known as Black Friday, Christmas Eve and Christmas. There are also numerous holidays on the state and local level that are observed to varying degrees.
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To change this template's initial visibility, the |state= parameter may be used: {{Public holidays in the United States | state = collapsed}} will show the template collapsed, i.e. hidden apart from its title bar. {{Public holidays in the United States | state = expanded}} will show the template expanded, i.e. fully visible.
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