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    Posted January 14, 2008

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Axium International Payroll Service Bankrupts

-Equity Offers Assistance-

Axium International, a prominent entertainment industry payroll service, unexpectedly and suddenly went out of business and declared bankruptcy on January 8, 2008. While only a few Equity companies were actively using Axium's services at that time, please be aware of the following potential problems if you worked a show under an Axium payroll:

  1. If you have any Axium paychecks that have not yet been deposited or cashed, do not try to cash them now - they will bounce. Contact the management of the show/theatre where you were employed and/or contact your Equity Business Rep.

  2. If a check you deposited in the last week has bounced contact the management of your show/theatre and/or your Equity Business Rep.

  3. If you file an Unemployment claim where part of your past employment was through Axium and the claim is denied, contact Val LaVarco in the New York Equity office.

  4. If you had a work-related injury during a show that used Axium and you have any problem with your Workers' Comp claim, call Val LaVarco in the New York Equity office.
  5. Axium is sending out W-2 forms, but there may have been some delays, so please be patient.

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