Originally Posted by
MunkyButtr
You seem to be doing some research, so I have a question, but not the time to find it myself. How many companies that hired Seabury actually filed for and were granted chapter 11 protection?
Sidenote: is our ASA with Delta published and can it be accessed by anyone?
These are the people you're dealing with:
Seabury Group: Wage Slashers:
Seabury Group | Wage Slasher
Excerpt:
"Better than that, he has exploited the downturn to extract unprecedented concessions, especially from pilots. Within a month of taking over last March, Siegel was able to persuade union leaders that, on its then-current course, the airline would run through $1 billion in cash within 12 months and probably find no lender willing to provide more. "The unions were shocked," says John Luth, a financial adviser to the airline. "No one had put it in these terms before."