BoeingBoy

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Member Since 09 Nov 2003
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In Topic: TERM SHEET DURATION........

Today, 02:25 PM

TWU informer, on 23 May 2012 - 11:43 AM, said:

I never saw any assurances or promises that a better deal is down the road with a no vote, only that negotiations would continue with a no vote, and not so with a yes vote.

Bob was still talking about contract improvements and retro pay after AA filed. Not assurances or promises per se, but when a union official says something it does carry some weight.

Jim

In Topic: TERM SHEET DURATION........

Today, 02:19 PM

700UW, on 23 May 2012 - 10:28 AM, said:

the judge abrogated that morning and the company presented the final "tweaked" offer to the court and the judge had us vote on it as he held is ruling in abeyance until it was ratified or be imposed if it wasnt.

Well, at least my memory hasn't completely left. US could have abrogated as soon as the Judge ruled but allowed a ratification vote on the last offer.

Jim

In Topic: TERM SHEET DURATION........

Today, 02:13 PM

Frank Szabo, on 23 May 2012 - 12:37 PM, said:

How, pray tell, could the SOBs offer all this for a "yes" vote yet threaten to return to the term sheet if the company is so "bankrupt", without quite a few "someones" going to jail for bankruptcy fraud?

Going back to the term sheet if the Judge allows abrogation is established precedent unless/until SCOTUS rules differently. That was established in the Frontier bankruptcy by the Appeals Court. AA doesn't have to, but without a consensual agreement what else would they impose if not their version of the cuts they say are needed?

Jim

In Topic: New - US Pilots Labor Discussion

Today, 02:05 PM

EastUS1, on 23 May 2012 - 10:18 AM, said:

Nice try on the righteous filibuster distraction attempt, btw.

From the guy that won't even look in a dictionary to see how wrong he is....keep dodging and weaving...

Jim

In Topic: TERM SHEET DURATION........

Today, 10:21 AM

700UW, on 23 May 2012 - 09:53 AM, said:

There was no negotiations after the abrogation was approved and held in abeyance.

So much for my believing rumors...I had heard that there were some last minute negotiations after the Judge approved abrogation. I know that you've said before that the Judge insisted on a last offer going out for ratification when he did approve abrogation.

Jim