View Single Post
Old 09-01-2022 | 03:03 PM
  #559  
Jim Rockford
On Reserve
 
Joined: Aug 2020
Posts: 171
Likes: 7
Default

Originally Posted by captnate702
I'm fine with a war chest as well, but at what point is it enough? $30m? $50m?

The fact that the war chest has grown to $10m so quickly is pretty remarkable considering our latest LM-2 Annual Report showed $6.084m in cash on hand as of 12/31/21. Again not opposed to funding the union, but the additional assessment was sold to us as a temporary assessment to build a war chest for arbitrations, etc. $10m is a lot of money for attorney's fees...
Somebody needs to call Morgan & Morgan, “if we don’t win, you don’t pay”! #LAW thats all!
Reply