Union Protests Dura's Exec Retention Plan

Law360, New York (February 20, 2007, 12:00 AM EST) -- The union representing workers at bankrupt Dura Automotive Systems Inc. has objected to an incentive program that rewards executives for transferring close to 2,000 jobs to Mexico and Eastern Europe.

The International Union, United Automobile, Aerospace and Agricultural Implement Workers of America, which represents 690 Dura workers, filed a motion Friday objecting to the company’s “Key Management Incentive Program.”

“In essence, through the [program], the debtors seek to reward their executives and management personnel who succeed by eliminating United States and Canada-based jobs,” the union said...
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