Dana Corp. needs to cut labor costs and retirement obligations to emerge from bankruptcy and compete with cheaper overseas suppliers, lawyers for the auto parts maker argued Tuesday in asking for the right to make the cuts. The company asked a judge to allow it to reject collective bargaining agreements that cover about 5,200 active union employees. Dana also proposes eliminating retiree health benefits for union workers. U.S. Bankruptcy Judge Burton Lifland urged the company and unions to negotiate more.
April 04, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Dana Corp. needs to cut labor costs and retirement obligations in order to emerge from bankruptcy and compete with cheaper overseas suppliers, lawyers for the auto parts maker argued Tuesday in asking for the right to make the cuts.
U.S. Bankruptcy Judge Burton Lifland urged the company and unions to negotiate more.
Presented by BigVoodoo
This conference aims to help insurers and litigators better manage complex claims and litigation.
Recognizing innovation in the legal technology sector for working on precedent-setting, game-changing projects and initiatives.
Legalweek New York explores Business and Regulatory Trends, Technology and Talent drivers impacting law firms.
Description:NFSA has a great opportunity for a Labor Relations Associate and Junior Counsel. This position will support NFSA's collective ba...
McCarter & English, LLP is seeking litigation attorneys for our Newark, NJ offices. Candidates must have 3-6 years of law firm experien...
McCarter & English, LLP is actively seeking a corporate associate for its office located in Boston, MA. Candidate must have 2 - 5 years ...
