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cstanleytech

(28,332 posts)

5. If a judge can void a union contract in bankruptcy then they can void an executives as well.

Reply to Populist_Prole (Reply #4)

Fri Mar 23, 2012, 01:32 PM

Mar 2012

Which if I were the union I would be pushing for hard, after all nothing quiet makes the upper executives squeal like the fear over losing their own compensation and or having their own pay and benefits cut.

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AMR Seeks to Reject Union Contracts in Bankruptcy Court [View all] Julian Englis Mar 2012 OP

Which is doubtless the entire reason for them going Chapter 11 BK. Populist_Prole Mar 2012 #1

Are you sure they bargained in bad faith though or are you assuming they did? cstanleytech Mar 2012 #2

Pilots gave avg of 40 percent in 2003 cpamomfromtexas Mar 2012 #3

Not "sure" in the sense I'm privvy to their inner strategem, basing it on BK's over the past years Populist_Prole Mar 2012 #4

If a judge can void a union contract in bankruptcy then they can void an executives as well. cstanleytech Mar 2012 #5

Totally agree. Will be interesting. Judge Lane was appointed by President Obama cpamomfromtexas Mar 2012 #6