Add Comment Question: I was employed at a company a little over a year ago and let go with just what was owed by the the employment standards act. I have found out that the company has been sold and the new owners take over next week. That being said can I still get proper severance from the original corporation or since they close next week am I out of luck? Answer: If the original company is financially liquid, then you more than likely be able to get additional compensation. Please give us a call to discuss. Your Comment * Your Email * Your Name * Your City Note, your name, city and email is not displayed on the website. It is used to notify you that we have approved your comment.