St. Louis Attorneys

St. Louis Attorneys

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AUTO PARTS SUPPLIER BANKRUPT
The New York Auto parts supplier Delphi told a bankruptcy judge today that it must be given the right to cancel its labor contracts, arguing the move is critical to its cost cutting and reorganization. The Saint Louis attorneys representing Delphi said the company has little choice if it is to remain competitive. But lawyers for the United Auto Workers union contend that allowing the company to cancel its contracts would give Delphi an overwhelming and unfair advantage, allowing it to force through deep wage cuts and rob its workers of long-promised benefits. The hearing in U.S is expected to last for several days and a ruling is not expected...

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