Judge Strikes United Airlines Pensions Brief From Record
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CHICAGO (Dow Jones)--A federal judge on Friday ruled that a massive informational brief filed by UAL Corp. &#39;s (UALAQ) United Airlines regarding the status of the company&#39;s pension plans was improper and should
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The federal agency that insures pensions has asked a bankruptcy court to compel United Airlines to make over USD$800 million in pension contributions.
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HICAGO, Aug. 20 - A federal bankruptcy court judge on Friday gave United Airlines another 30 days to come up with a restructuring plan, but he warned the airline and its warring unions to cooperate on a solution or he would consider ...
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CHICAGO -- United Airlines has notified a bankruptcy judge it needs to cut $500 million US more in costs than previously stated. The disclosure was made in a filing intended to update the judge before a hearing yesterday on the airline&#39;s status.
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Cash-strapped United Airlines said in a bankruptcy court filing today that it "likely" will be necessary to terminate and replace its employee pension plans.
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A New York federal judge on Friday  issued a temporary injunction preventing Northwest Airlines  Corp.  flight attendants from striking, and said he  needed more time before ruling on the matter.
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A federal judge has temporarily blocked outgoing UnitedHealth Group Inc.  Chief Executive William McGuire from cashing in any of his unexercised stock options and collecting his retirement pay.
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A federal bankruptcy judge ruled against United Airlines on Friday in a procedural dispute, siding with unions who said the company submitted unsubstantiated claims about how employees would be affected if their pension programs were terminated.
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The judge presiding over a massive pension suit against IBM, which could cost the company more than &#36;6.5 billion, agreed Friday to a short delay while settlement talks continue.
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United Airlines will have its pension scheme for pilots underwritten by the US agency created in 1974 to protect workers&#39; retirement rights.
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A bankruptcy judge granted US Airways authority Friday to immediately cut the pay of its union workers by 21 percent through mid-February, saying the airline&#39;s situation is so dire that urgent action must be taken.
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November 26, 2004 (CHICAGO) - A US Bankruptcy Court judge in Chicago has blocked efforts by a creditors&#39; group to repossess 14 United Airline jets.
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US Airways lawyers told a federal bankruptcy judge here Thursday that the carrier can&#39;t afford to maintain its current pension plans.
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The federal agency that insures pensions has asked a bankruptcy court to compel United Airlines to make over $800 million in pension contributions, officials said Monday.
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United Airlines' creditors have joined the federal government in opposing a deal in which United would terminate its pilots' pension plan.
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A federal judge has temporarily  blocked outgoing UnitedHealth Group Inc.  Chief  Executive William McGuire from cashing in any of his  unexercised stock options and collecting his retirement pay.
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The US pension insurance agency on Thursday asked a federal judge to let it assume responsibility for an underfunded pension plan for pilots at bankrupt United Airlines, arguing that it could help bolster the health of pensions for former and current