Law360, New York (February 3, 2014, 7:58 PM EST) -- HealthBridge Management LLC scored a victory on Monday after a New Jersey bankruptcy court granted the company permission to reject expired collective bargaining agreements, ignoring the demands of workers' unions, which the judge said would likely force five health care centers into liquidation.
In a 46-page opinion, U.S. Bankruptcy Court Judge Donald H. Steckroth ruled that the court has jurisdiction to modify the terms of an expired bargaining agreement for companies in the process of debt restructuring, and Judge Steckroth used that authority to permit HealthBridge to reject contract demands from New England Health Care Workers, District 1199 SEIU, the union...
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