Star Tribune Asks Court To Toss Union Agreement

Law360, New York (May 18, 2009, 12:00 AM EDT) -- Star Tribune Holdings Corp. has asked a judge to allow it to reject a collective bargaining agreement with a Teamsters union, saying a failure to modify the agreement could cripple the newspaper company's chances at successfully emerging from bankruptcy.

The company on Sunday filed a memorandum in the U.S. Bankruptcy Court for the Southern District of New York, saying the long-term costs of a pension plan in the CBA, as well as a substantial withdrawal liability associated with that plan, “will likely prevent the company from...
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