January 19, 2019 / 12:46 AM / a month ago

Union contracts, retiree benefits on chopping block at Westmoreland Coal

Westmoreland Coal Co is seeking a court order allowing it to reject labor agreements and terminate retiree benefits, arguing such measures are necessary if it is to emerge from bankruptcy.

In a filing in U.S. Bankruptcy Court in Houston on Wednesday, Westmoreland said a proposed buyer for the company was unwilling to assume either its collective bargaining agreements with the United Mine Workers of America or its $329 million in retiree benefit liabilities.

To read the full story on Westlaw Practitioner Insights, click here: bit.ly/2RVxlPE

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below