Posts tagged bankruptcy
After unionized strippers accused club owner of violating deal, federal labor board intervenes
April 1, 2024 // Star Garden reopened in August, after a 15-month tussle during which club management fired more than a dozen dancers, contested the results of a union election held by strippers, filed for bankruptcy and closed its doors. Soon after Star Garden reopened, dancers told The Times that drink prices had ratcheted up, the bar had gone cashless and removed its ATM and management was discouraging customers from tipping with cash. Dancers accused Star Garden management of introducing arbitrary rules and implementing high drink prices and cover fees in bad faith in an effort to deter customers, demoralize dancers and weaken resolve in contract negotiations. Union attorneys filed multiple unfair labor practice charges with the NLRB alleging club owners were engaging in bad faith bargaining and arbitrarily disciplining employees, among other claims.
Ravn cuts workforce two years after pilots unionize
February 27, 2024 // The airlines had declared bankruptcy in 2020, sold off some of its aircraft, and reorganized. Its parent company is FLOAT Alaska. Ravn is suffering from a labor shortage, competition, and inflation, it reported. But in 2022, its pilots joined a union — Airline Pilots Association. Two years later, their company is evidently struggling to stay alive.
Ford CEO says company will rethink where it builds vehicles after last year’s autoworkers strike
February 15, 2024 // Ford’s highly profitable factory in Louisville, Kentucky, was the first truck plant that the UAW shut down with a strike. “Our reliance on the UAW turned out to be we were the first truck plant to be shut down,” Farley told the conference. “Really our relationship has changed. It’s been a watershed moment for the company. Does this have business impact? Yes.”
Trump will meet with the Teamsters in Washington as he tries to cut into Biden’s union support
January 31, 2024 // During Trump's presidency, the National Labor Relations Board reversed several key rulings that made it easier for small unions to organize, strengthened the bargaining rights of franchise workers and provided protection against anti-union measures for employees. The Supreme Court's conservative majority — including three justices that Trump nominated — overturned a decades-old pro-union decision in 2018 involving fees paid by government workers. The justices in 2021 rejected a California regulation giving unions access to farm property so they could organize workers.
Massive California fruit grower is bankrupt. Here’s how many jobs will be lost
January 29, 2024 // The letter also served as notice under the Worker Adjustment and Retraining Notification, or WARN, Act, which under federal and state law requires companies to provide at least 60 days advance notice of mass layoffs. A company document of regular full time positions shows there are 5,411 employees. Of those, 3,743 are seasonal employees. Dan Gerawan, the former CEO of Gerawan Farming and Prima Wawona, spoke briefly about the upcoming sale of the farm’s property. Gerawan, the third generation owner of Gerawan Farming, has a pending lawsuit against Paine Schwartz Partners. Read more at: https://www.sacbee.com/news/california/article284696191.html#storylink=cpy
Behind the last-ditch effort to save a trucking company that owes $700M to taxpayers
December 1, 2023 // Estes Express earlier this fall offered $1.53 billion "stalking horse" bid for Nashville-based Yellow's shipment centers. That would easily be enough to repay around $500 million in debt held by senior lender Citadel — which purchased the notes from Apollo, post bankruptcy — plus other creditors and the CARES Act loan. Then we got a wrinkle, just ahead of the bankruptcy auction kicking off this past Tuesday. It was a bid led by the owner of auto trucking company Jack Cooper to restart Nashville-based Yellow, not just scoop up logistics properties or other assets. This new proposal, as reported by the NY Times, would repay private creditors immediately, but postpone the Treasury loan repayment to 2026 from 2024. It's this second deal that's being supported, at least in principle, by a chorus of U.S. senators, including Elizabeth Warren (D-Mass.), Josh Hawley (R-Mo.), Sherrod Brown (D-Ohio), Roger Marshall (R-Kan.), and Bernie Sanders (I-Vt.). Rep. French Hill
Ford workers join those at GM in approving contract settlement that ended UAW strikes
November 20, 2023 // The United Auto Workers union overwhelmingly ratified a new contract with Ford, a pact that, along with similar deals with General Motors and Stellantis, will raise pay across the industry, force automakers to absorb higher costs and help reshape the auto business as it shifts away from gasoline-fueled vehicles. Workers at Ford voted 69.3% in favor of the pact, which passed with nearly a 15,000-vote margin in balloting that ended early Saturday. Earlier this week, GM workers narrowly approved a similar contract. At Stellantis, 68.7% of workers favored ratification, an insurmountable lead with votes at only two small facilities left to be counted.
Here’s why the UAW’s record deals with GM, Ford and Stellantis aren’t getting full support
November 16, 2023 // At least three major assembly plants representing 9,730, or 21%, of GM’s 46,000 UAW-represented employees have voted against the pact. They include 61% against at Lansing Delta Township plant in Michigan, which builds Buick and Chevrolet crossovers; 67.5% rejection at a Cadillac and GMC crossover plant in Spring Hill, Tennessee; and 52% opposed at GM’s Flint, Michigan, truck plant. A handful of other smaller plants also have voted against the deal. At Ford, the automaker’s Kentucky Truck Plant — its largest in terms of employment and revenue — had 54.5% of members vote against it. The UAW reached tentative deals with each of the automakers, so each is voted on separately. One or more could fail, while another ratifies. They are not contingent on one another.
‘Battle royale’: Tesla and anti-union Musk make enticing targets for UAW’s next push
November 5, 2023 // Some current UAW members are already fired up to take on Tesla. “Go out west to California? Absolutely, I would go,” said John Jake Kincaid, a Stellantis employee in Michigan. “Show them our strength.” Still, fighting for a contract at companies with established relationships with union workers is a far different effort than starting from scratch. Several workers who were key to Tesla’s earlier union effort are no longer at the company. The Fremont plant’s history with the UAW predates the electric vehicle maker. For about 25 years, Toyota and GM operated the facility together in an unusual joint venture. It was a union shop. In 2009, GM pulled out of the partnership as part of its bankruptcy proceedings and in 2010 Toyota shut the operation down, throwing 4,700 people out of work. A month later, Tesla bought the sprawling 5.3 million square foot factory; the union didn’t come with the purchase.
Blue Cross shares how much it would pay workers to end strike
November 1, 2023 // The proposal by Blue Cross to United Auto Workers, which represents the striking workers, calls for 23% to 33% in wage increases during the four-year contract, according to the insurer's calculations. It also would shorten the time for Blue Cross workers to progress the salary scale to reach top pay to 10 years, down from what the union says is now 22 years. This decadeslong wait has been an especially sore point for workers on strike, which include those in customer service, billing, claims and maintenance.