Seeking power which could lead to a devastating strike, auto parts supplier Delphi Corp. argued Tuesday before a federal bankruptcy judge that it must be given the right to cancel its labor contracts or it will fail. But lawyers for the United Auto Workers union argued that Delphi would receive an unfair advantage, allowing it to force through deep wage cuts and rob its workers of long-promised benefits.
May 10, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Auto parts supplier Delphi Corp. argued Tuesday that it must be given the right to cancel its labor contracts, telling a bankruptcy judge that move is critical to its cost cutting and reorganization.
Delphi, seeking power which could lead to a devastating strike, told Judge Robert Drain that it has little choice.
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