Thread: 5% Holdback
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Old 02-19-2018 | 05:49 AM
  #18  
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Lerxst
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From: B787 CA - SFO
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Originally Posted by PowderFinger
Do you have a Major link?
From the 2/14 MEC Update

The Conclusion of The Duffer Litigation and Impending Release of The Holdback Monies from the 2012 Retro/Lump Sum Bonus

In 2012, Mark Duffer, a LCAL pilot and military reservist, sued ALPA and United on behalf of Continental Military Leave pilots under the Uniformed Services Employment and Reemployment Rights Act ("USERRA") concerning the LCAL MEC retro/lump sum allocation methodology and other issues. This case is known as the Duffer litigation. While this lawsuit was pending, the ALPA Executive Council passed a resolution, per ALPA Policy (Section 40.3.J of ALPA's Administrative Manual) requiring that the existing 5% holdback from the first tranche payment of the $400 million combined retro/lump sum amount be maintained pending the resolution of the Duffer case. In passing this resolution, the Executive Council noted in part that the Company, as a co-defendant, in accordance with LOA 24, was insisting that ALPA maintain this holdback until the Duffer litigation was resolved.
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