USA320Pilot
Veteran
- May 18, 2003
- 8,175
- 1,539
Burghlaw1 said: I also think that if the judge grants the 1113c motion, he will enter an injunction prohibiting a strike. That's the only way he can ensure that his order allowing the cmpany to reject the CBA won't disrupt the business of UAIR, thereby causing it to liquidate. It would then be up to the IAM to appeal the rulings to the district court or the 4th Circuit Court of Appeals.
USA320Pilot said: "When the AFA issued its strike press release US Airways spokesman Dave Castevetler publicly indicated the company would seek an injunction prohibiting a strike. ALPA legal believes that Arnold & Porter has already completed the injunction work, which legal advisors believe will likely be ordered by the court.
Separately, the real key, and I have been told is more important than the ATSB's participation, is the recent GE deal. When GE elected to support the new business plan, other financiers have agreed to provide all of US Airways' bankruptcy and exit financing needs, provided all parties participate in the new business plan enabling cost cut targets. Judge Mitchell will recognize this point too, which will place even more pressure on the IAM.
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Regards,
USA320Pilot
USA320Pilot said: "When the AFA issued its strike press release US Airways spokesman Dave Castevetler publicly indicated the company would seek an injunction prohibiting a strike. ALPA legal believes that Arnold & Porter has already completed the injunction work, which legal advisors believe will likely be ordered by the court.
Separately, the real key, and I have been told is more important than the ATSB's participation, is the recent GE deal. When GE elected to support the new business plan, other financiers have agreed to provide all of US Airways' bankruptcy and exit financing needs, provided all parties participate in the new business plan enabling cost cut targets. Judge Mitchell will recognize this point too, which will place even more pressure on the IAM.
Click here for story
Regards,
USA320Pilot