UAW Takes Defiant Stand In Delphi Talks

Law360, New York (February 2, 2007, 12:00 AM EST) -- The United Auto Workers is refusing to cooperate with any Delphi-imposed deadline in its labor negotiations with the auto supplier, upset because it was supposedly shut out of the decision-making process regarding the timeline.

On Thursday, the UAW emphasized that it will not cave into pressure from Delphi to reach an agreement within a certain timeframe, potentially thwarting a crucial step in the company’s efforts to emerge from bankruptcy.

“While the UAW desires to work with the company and its potential investors in order to allow...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.