Originally Posted by
shiznit
Not on the hook for anything as of yet. There are still appeals to be heard, and if the ruling stands then there will be another set of hearings to determine remedy ($$$$).
Really shiznit? Appeals to be heard? When did ALPA file an appeal to this judgment?
Originally Posted by
shiznit
Once all that plays out, if there is a financial judgement against ALPA, there is an insurance policy that ALPA carries to cover the payout.
No they don't. They only have insurance if the payout is quite low. If it's a large monetary penalty, ALPA will have to self-insure or file for bankruptcy. It all depends on what the final monetary penalty is.
Originally Posted by
shiznit
There is little to no chance that you will see ALPA pay anything out of pocket over this case.
Pure BS. Whistling past the graveyard dude.
Carl