We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Rancor Builds Between Dana, Retirees

Law360 (February 15, 2007, 12:00 AM EST) -- Dana Corp. is continuing to fight a group of retirees seeking to postpone the auto supplier’s reorganization, which proposes to eliminate the former workers’ benefits.

On Monday, Dana blasted a suggestion put forth by a retiree panel to hold off on enacting labor and benefit changes for two months, according to papers filed in the U.S. Bankruptcy Court in Manhattan.

"Cutting through the retiree committee's rhetoric, it is clear that what it seeks is delay for delay's sake," Dana said in the motion, arguing that it...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.