Pensions in chapter 11 bankruptcy
[DOC File]Partner - ABI Commission to Study the Reform of Chapter 11
https://info.5y1.org/pensions-in-chapter-11-bankruptcy_1_d90856.html
Immediately after its chapter 11 filing, United Airlines asked a bankruptcy judge to impose 14% “emergency” pay cuts on IAM members. The judge complied. More long-term cuts in pay and benefits cost IAM members $460 million a year (or $2.644 billion over the life of the agreement).
[DOC File]United Air Wins Right to Default on Its Employee Pension Plans
https://info.5y1.org/pensions-in-chapter-11-bankruptcy_1_f38842.html
By MICHELINE MAYNARD . May 11, 2005 NYTimes.com. United Airlines, which is operating in bankruptcy protection, received court permission yesterday to terminate its four employee pension plans, setting off the largest pension default in the three decades that the government has guaranteed pensions.
[DOC File]Settlement Agreement with PBGC Did Not
https://info.5y1.org/pensions-in-chapter-11-bankruptcy_1_79b7de.html
United Airlines and US Air recently used chapter 11 as a means of jettisoning over $9.6 billion in employee pension liabilities by obtaining bankruptcy court approval to terminate their pension plans. Delta and Northwest, both of which filed for chapter 11 protection on …
[DOC File]CHAPTER 1
https://info.5y1.org/pensions-in-chapter-11-bankruptcy_1_94db42.html
Chapter 11 Bankruptcy Reorganization. Reorganizes the debtor's financial affairs under the supervision of the Bankruptcy Court to give the debtor a new capital structure so that it will emerge from bankruptcy as a viable concern. ... No pensions. 6. Bankruptcy estate includes:
[DOCX File]Keeping Bankruptcy Both Efficient and Fair - ABI
https://info.5y1.org/pensions-in-chapter-11-bankruptcy_1_a1567b.html
Director, Pension Benefit Guaranty Corporation. Previously, Mr. Gotbaum has served as Chapter 11 Trustee for Hawaiian Airlines, as a partner and managing director at Lazard, as a partner in a private equity firm, as a chief restructuring officer, as a restructuring consultant, and as an expert witness in one of the earliest cases implementing Section 1113.
[DOC File]Pension protection
https://info.5y1.org/pensions-in-chapter-11-bankruptcy_1_4e9b0b.html
Bankruptcy Reform Act of 1978—expanded company’s right to file Chapter 11, building on programs of the New Deal—froze creditors, workers, unions out of the reorganization process—Section 1113 allows management to petition the court to unilaterally void the CBA—required for a short period to “bargain in good faith,” but no results ...
Nearby & related entries:
To fulfill the demand for quickly locating and searching documents.
It is intelligent file search solution for home and business.