By Ji Hyun Lim | AsianWeek Staff Writer
For 18 months, 250 former employees of Wins of California, a San Francisco garment company the Wins bankruptcy trustee and GE Capital Commercial Services, Inc. battled one another in court for the monies owed to them by the now defunct factory owned by Anna Wong and Jimmy Quan. The opposing parties finally settled on an agreement on Dec. 31 that will compensate Wins workers in the sum of $337,000.
Under the agreement, GE Capital and the bankruptcy trustee will receive only 20 percent of the $422,000 in the lockbox that was created after confiscating money from goods made by unpaid workers and from the liquidation of factory equipment. The Department of Labor (DOL) declared that the struggle to obtain money from the lockbox has been settled and that workers will finally be compensated for wages owed to them. Currently, this written agreement is waiting to be formally approved by the U.S. District Court in San Francisco.