Dear ANTI-UNION pilots, you're welcome...
Once again the ANTI UNION PILOTS will ride the coat tails of those who are paving the way for a better future.. your welcome.. do you actually think your management is there trying to get this pushed through???
US House bill would shield workers in bankruptcies
WASHINGTON, Sept 24 (Reuters) - Workers' and retirees' wages and pension benefits would be protected in corporate bankruptcies under a bill to be introduced on Tuesday by Democratic U.S. lawmakers with support from labor unions.
House of Representatives Judiciary Committee Chairman John Conyers, a Michigan Democrat, said in a statement he will offer the bill to "make it more difficult for the companies to use bankruptcy as a way to gut workers' wages and benefits."
Conyers said he will be joined at a news conference on the bill on Tuesday by Richard Trumka, secretary-treasurer of the AFL-CIO labor coalition, and labor leaders for airline pilots, steelworkers, auto workers, flight attendants and machinists.
"Workers have been bearing more than their share of the pain when their companies file for bankruptcy," Trumka said.
"This legislation restores balance to the bankruptcy process, moving workers up in the line of who gets what they're owed, ensuring outrageous CEO packages don't trump things like pensions and living wages, and slamming shut corporations' back door route to gutting workers' rights," he said.
An aide to Conyers said the bill would seek to amend the U.S. bankruptcy law and declined to provide further details ahead of the news conference. (Reporting by Kevin Drawbaugh)