After buying National Steel last year, USS signed new labor contracts shrinking the combined domestic work force by 27%.
State law allows emergency managers to negotiate labor contracts and deals with vendors.
Delphi's bid to cancel its labor contracts did not come as a surprise.
In each of the recently renegotiated union labor contracts there exists a clause prohibiting anyone from complaining about executive compensation.
After months of negotiations with labor unions, the company asked the court for permission to cancel its existing labor contracts.
Right now, most employers take a hands-off approach, their labor contracts simply say the hiring agencies will abide by the law.
Instead of skipping Saturdays, the agency will look to renegotiate labor contracts and consider a special postage rate increase on money-losing services.
He worked with Teamsters leader Jimmy Hoffa to modernize REA's labor contracts.
The appointee will also have the ability to break municipal labor contracts starting later this month when a new state law takes effect.
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.
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.
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.
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.
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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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.
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").
Apparently, he also renegotiated some union labor contracts.
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Meanwhile, a number of labor contracts in the mining sector are scheduled to expire at the end of the month, bringing the threat of strikes, particularly with the unions asking for double-digit percentage increases in pay.
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That makes the White House claim that 15 million workers would benefit from the planned minimum wage over the next few years pretty extravagant, even as many labor contracts stipulate automatic renegotiation when the minimum is raised.
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.
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.
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.
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.
Owners this month backed off their demand for no guaranteed contracts in the next labor deal, which was a non-starter with the players.
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.
For starters, the NFLPA filed a legal complaint with the Special Master that has been assigned to deal with labor disputes with the league over how the contracts were designed with money still flowing to the owners in the event of a work stoppage.
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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.
To ensure labor peace over the years, domestic automakers negotiated union contracts that require them to pay workers even if their job has been permanently eliminated.
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