Ch. 11 Exits Fail To Calm Turbulent Labor Relations

Law360, New York (June 5, 2007, 12:00 AM EDT) -- The expectation that all's well that ends well when a company finally emerges from bankruptcy has been shattered in recent months by the airline industry, as the contentious labor negotiations that dominated Chapter 11 proceedings continue to plague the carriers long after everyone has exited the courtroom.

While the state of post-bankruptcy labor relations varies on industry-by-industry and case-by-case bases, the airline market on the whole has been particularly haunted recently by negative feelings in the ranks.

“It's all very destructive,” said David Borer, the general...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.