After multiple trips through bankruptcy court, abrogation and renegotiating for favorable labor contracts, and subsequent mergers, the major airlines are in their strongest position in history.
The NFL and NBA both have labor contracts expiring next year and the doom and gloom coming from all parties indicate that lockouts are almost a foregone conclusion for both sports.
Vetter suggested that bankruptcy would allow GM to make significant changes faster, because a judge could void labor and supplier contracts, debts could be restructured, and Congress would not be involved.
American has also felt competitive pressures as most of its competitors like Delta, United, US Airways and several similar carriers have reorganized under Chapter 11 Bankruptcy Code in recent years and emerged a stronger competitors as companies have renegotiated labor, supply and financing contracts that have brought operating costs down.
State law allows emergency managers to negotiate labor contracts and deals with vendors.
Instead of skipping Saturdays, the agency will look to renegotiate labor contracts and consider a special postage rate increase on money-losing services.
The publication surveys 178 economies and ranks them in ten critical areas essential to economic growth, such as taxation, property rights, enforcement of contracts and labor market regulations.
Stockton Mayor Ann Johnston said in the 1990s the city council approved labor contracts and retiree health insurance plans believing the hyper-growth the city was experiencing would continue forever.
General Motors, Ford and Chrysler are facing big pension expenses and renegotiation of their labor contracts with the United Auto Workers (see " The Union Is Strong, The Automakers Are Weak").
Since cities can't be liquidated, Stockton has attempted to restructure some debt by renegotiating labor contracts and cutting the health benefit for retirees, but creditors argued that by ignoring bond debt they haven't created a plan that shares the pain equitably, as required under bankruptcy code.
Attorney Guy Neal, who represents creditors, spent a good deal of his trial time showing that for years Stockton had granted bloated labor contracts and benefits, and then allowed employees to boost their retirement benefits further by cashing out vacation time and sick leave in their last year of employment, thus raising their benchmark annual salary for retirement benefit purposes.
Yes, the labor market contracts during the winter and expands in the spring and summer.
American companies cannot compete in a global economy when they are burdened with labor contracts that are so numerous, onerous and counter-productive that they make generating a profit an impossibility.
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Labor unions have shrunk and with them the power to negotiate contracts that bake cost increases into the cake.
In 2008, Sorozan succeeded in placing "mutual respect" provisions in labor contracts with the state that say harassment, abusive language and bullying behavior will not be tolerated in the workplace.
At the same time, pending increases in electricity costs and the potential of further labor unrest over the coming months, when wage contracts will be up for renegotiation, as well as uncertainty over mining legislation, have all helped exacerbate an already challenging situation.
They may have labor law expertise, but soon they begin advising fund boards on money management contracts and other investment issues.
Using the bankruptcy law to threaten rejection of its labor contracts, United forced the unions in 2003 to accept large cuts in wages and benefits.
First firms like Mitsubishi and Canon that funneled contracts to Ota's workshops began shifting jobs to Southeast Asia, where labor is cheaper.
On March 7, the Philadelphia Federation of Teachers, students, parents, labor allies and community leaders will rally at the School District of Philadelphia to protest planned cuts to teacher contracts in the City.
Liu was a vocal critic of a scandal-marred city payroll-technology project and has rapped Mayor Michael Bloomberg's administration for not reaching new labor agreements with many unionized city employees whose contracts have expired.
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