Delphi Strikes UAW Deal, Seeks Court Approval

Law360, New York (July 2, 2007, 12:00 AM EDT) -- In a development that bankrupt auto parts maker Delphi Corp. has touted as a major step toward a successful reorganization, unionized workers at the General Motors Corp. supplier have ratified a labor agreement between the United Automobile, Aerospace and Agricultural Implement Workers of America, Delphi and GM.

Friday, UAW workers voted to accept the pact, and Delphi filed court papers asking the Manhattan bankruptcy court overseeing Delphi's Chapter 11 case to give the deal the green light. The agreement includes “significant and necessary” alterations to the...
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