Retirees filed to be reheard

There is NO such thing as Negotiations. I was there to see it with my own eyes. The company put the amount they are willing to give. That is it. The amount does not change. You NC will never tell you the truth because they don’t want you to know that they sit around all week doing nothing. Except eating and drinking at our expense. I say it with my own eyes. Came back to Miami and told everyone the truth about what goes on. Wake up people
 
There is NO such thing as Negotiations. I was there to see it with my own eyes. The company put the amount they are willing to give. That is it. The amount does not change. You NC will never tell you the truth because they don’t want you to know that they sit around all week doing nothing. Except eating and drinking at our expense. I say it with my own eyes. Came back to Miami and told everyone the truth about what goes on. Wake up people
Your credibility is shot.

I think you know why.
 
Someone told me brother Mays used to show up in sandals and shorts when he was in negotiations back before bankruptcy. Strictly 9 to noon guy..


Even owning 5 suits I've always been a fan of going as casual as possible myself.
 
There is NO such thing as Negotiations. I was there to see it with my own eyes. The company put the amount they are willing to give. That is it. The amount does not change. You NC will never tell you the truth because they don’t want you to know that they sit around all week doing nothing. Except eating and drinking at our expense. I say it with my own eyes. Came back to Miami and told everyone the truth about what goes on. Wake up people


So a room full of people some of which I've spoken to quite often over the years have been lying through their teeth making up all sorts of stories and acting extremely frustrated here and there once in awhile?

Which Negotiating session were you a part of Larry? Gains, Concessions or Extensions?
 
And all of you wonder why the company has NO respect for you. As for my credibility. Before the Mechanics separated from the line. I was on the board that ran Jack Batmen Out of office. Then I was a E board under Mike Garcia. Then a V.P under Rich Dyzinski. After the International gave us Mechanics our own locals. I was again V.P. So as far as my Credibility. My SLATE was almost all Mechanics yet YOU Ramp guys out numbered us 2000 to 100. Yet I was still voted into office 2 times. I attended what you still call Negotiations for 3 months, taking Todd Woodward place while he was out. So YES I do know what goes.

So wake up and ask yourself why you dont have a contract. You lost Cabin service last time. Guess what is going to be replace next.
 
And all of you wonder why the company has NO respect for you. As for my credibility. Before the Mechanics separated from the line. I was on the board that ran Jack Batmen Out of office. Then I was a E board under Mike Garcia. Then a V.P under Rich Dyzinski. After the International gave us Mechanics our own locals. I was again V.P. So as far as my Credibility. My SLATE was almost all Mechanics yet YOU Ramp guys out numbered us 2000 to 100. Yet I was still voted into office 2 times. I attended what you still call Negotiations for 3 months, taking Todd Woodward place while he was out. So YES I do know what goes.

So wake up and ask yourself why you dont have a contract. You lost Cabin service last time. Guess what is going to be replace next.
How many guesses do I get, or better yet, save me the stress and go ahead and tell me what we are losing.
 
There is no excuse for not having an update on this today. This affects thousands of members and millions of dollars. No excuse. SMH.
 
Anyone else think there should not be some sort of update today? Just curious.

So you think that SCOTUS puts up any filings they might have gotten from Lawyers on the same day they get them?

Obviously you have not been paying attention have you.
 
Equity Update 10.04.17

The newly elected leadership of TWU is pleased to announce that the four-year-long litigation regarding the legal validity of the Equity Distribution Plan adopted by TWU in 2013 has at last come to an end, because plaintiffs have not filed timely papers in the Supreme Court that would have been required to ask it to review the decision of the lower courts dismissing the Demetris case.

What this means is that the long delay in making a distribution from the TWU Reserve Fund to the beneficiaries of the TWU Equity Distribution Plan is coming to an end, and that TWU will now be able to arrange for a distribution of the monies derived from the American Airlines shares that have been held in the TWU Reserve Fund pending the conclusion of the litigation.

As the difficult preparations to distribute the proceeds from the original AA shares are being made, there are a number of things that you should keep in mind:

First, only those who were deemed eligible to receive distributions under the Plan when it was first released, and who therefore in fact have received shares of the distributions that have already been made, will be eligible for the distribution that the end of the Demetris case has facilitated. The dismissal of the Demetris challenge to the validity of the Plan means Court approval of the Plan terms in accord with which eligibility determinations have been made. Accordingly, those who were deemed eligible for past distributions will be therefore be eligible for future distribution(s), while those who were not, will not.

Second, at this time, some of the Reserve – enough to deal with the tax liabilities of the Reserve Fund, and to deal with the mathematical errors in the distribution – will not be distributed.

Finally, the task of calculating the amount due to each of the approximately 23,000 Plan beneficiaries, and then transmitting that amount to each of them, is an exceedingly difficult one that cannot be accomplished quickly, and that should not be hurried at the expense of accuracy. TWU has been conferring with American Airlines and the financial professionals who have been involved previously in administering distributions under the Plan to determine what will be the most efficient way to implement the distribution of the Reserve Fund without sacrificing accuracy. Once the distribution plan is finalized, we will again report out to you on the date(s) and method of distribution.

Fraternally,
Mike Mayes
Director, Air Division, TWU International
 
Equity Update 10.04.17

The newly elected leadership of TWU is pleased to announce that the four-year-long litigation regarding the legal validity of the Equity Distribution Plan adopted by TWU in 2013 has at last come to an end, because plaintiffs have not filed timely papers in the Supreme Court that would have been required to ask it to review the decision of the lower courts dismissing the Demetris case.

What this means is that the long delay in making a distribution from the TWU Reserve Fund to the beneficiaries of the TWU Equity Distribution Plan is coming to an end, and that TWU will now be able to arrange for a distribution of the monies derived from the American Airlines shares that have been held in the TWU Reserve Fund pending the conclusion of the litigation.

As the difficult preparations to distribute the proceeds from the original AA shares are being made, there are a number of things that you should keep in mind:

First, only those who were deemed eligible to receive distributions under the Plan when it was first released, and who therefore in fact have received shares of the distributions that have already been made, will be eligible for the distribution that the end of the Demetris case has facilitated. The dismissal of the Demetris challenge to the validity of the Plan means Court approval of the Plan terms in accord with which eligibility determinations have been made. Accordingly, those who were deemed eligible for past distributions will be therefore be eligible for future distribution(s), while those who were not, will not.

Second, at this time, some of the Reserve – enough to deal with the tax liabilities of the Reserve Fund, and to deal with the mathematical errors in the distribution – will not be distributed.

Finally, the task of calculating the amount due to each of the approximately 23,000 Plan beneficiaries, and then transmitting that amount to each of them, is an exceedingly difficult one that cannot be accomplished quickly, and that should not be hurried at the expense of accuracy. TWU has been conferring with American Airlines and the financial professionals who have been involved previously in administering distributions under the Plan to determine what will be the most efficient way to implement the distribution of the Reserve Fund without sacrificing accuracy. Once the distribution plan is finalized, we will again report out to you on the date(s) and method of distribution.

Fraternally,
Mike Mayes
Director, Air Division, TWU International
Maybe if Mr Mayes and the others involved, where not so busy spending the money. They could have started working on this earlier. I would love to know who gave them permission to cash the stock in when they did. Now you Trump Supporters can attack me. Come on try to come up with something new.
 
Maybe if Mr Mayes and the others involved, where not so busy spending the money. They could have started working on this earlier. I would love to know who gave them permission to cash the stock in when they did. Now you Trump Supporters can attack me. Come on try to come up with something new.
When I'm down and want one of my daily "uplifts", I look for one of your comments...
 

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