UAW Strikes Deal With GM On Labor Agreement

Law360, New York (May 21, 2009, 12:00 AM EDT) -- The United Auto Workers union said Thursday it had reached a tentative deal with General Motors Corp. and the U.S. Treasury on modifications to its 2007 collective bargaining agreement with GM and to a union retiree health care trust, as the government's June 1 deadline for GM to improve its business or seek bankruptcy protection approaches.

The UAW said it had reached the “tentative understanding” that contained modifications to the GM-UAW collective bargaining agreement and changes to the Voluntary Employee Beneficiary Association, a union health care...
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