In large measure, city unions in Waterbury have gotten exactly what they feared when they vehemently opposed legislation giving the state unprecedented control over getting the chronically mismanaged municipality’s finances back on track.

In the less than 14 months since state lawmakers approved Waterbury’s takeover, the state oversight board charged with pulling the city from the brink of bankruptcy has forced unions into millions of dollars in concessions, often by flexing its extraordinary power to serve as the binding arbitration panel in collective bargaining disputes.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]