TWU Bankruptcy Attorney, Sharon Levine, addresses the facts of the AMR bankruptcy and its impact on workers. Watch this video. [youtube_video id=”LBDHbMdxtxk”]
Day: July 30, 2012
Court Update for July 30, 2012
As you may recall, AMR filed a complaint asking the Bankruptcy Court to declare that none of AMR’s current retirees (both union and non-union) have a vested right to retiree medical benefits. Under ERISA, the health and welfare benefits the debtors provide to current retirees are welfare benefits and that these welfare benefits only vest…