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Dana, Unions Request More Time For Labor Talks

Law360 (May 1, 2007, 12:00 AM EDT) -- Still wrangling over collective bargaining agreements, Dana Corp. and its two largest labor unions have asked a Manhattan bankruptcy court to give the warring parties more time to try to work out their disagreements.

On Monday, lawyers for both sides asked U.S. Bankruptcy Judge Burton Lifland to postpone his impending decision on labor contracts until May 31.

The bankrupt auto parts maker has argued that it will only be able to emerge from Chapter 11 protection and compete with cheaper suppliers if it reduces labor costs...
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