Anonymous ID: 821784 July 16, 2024, 10:41 a.m. No.21220210   🗄️.is 🔗kun   >>0231 >>0373 >>0449

>>21219866

 

How a fight over 2 jobs bankrupted union of 40,000 dockworkers

ILWU proposes handing over most of its remaining cash to ICTSI

Greg Miller Monday, October 02, 2023

 

In October 2021, Willie Adams, president of the International Longshore and Warehouse Union (ILWU), sat across the table from President Joe Biden at the White House. The two met again at the White House last month, celebrating the new six-year labor contract for America’s West Coast ports.

 

“I’ve known Willie for a long time,” said Biden after the latest meeting. “I was kidding him: I said I want to know who his haberdasher is. He looks awfully good, doesn’t he? I like that cut.”

 

Just a few weeks later, Adams is engaged in a far less prestigious task: securing Chapter 11 protection for his union in the Bankruptcy Court of Northern California.

 

Adams proposed a restructuring plan in a court filing Monday calling for the ILWU to hand over the majority of its remaining cash, save for “a reserve for working capital necessary to enable the ILWU to maintain its operations and rebuild.”

 

The recipient of the proposed payout: International Container Terminal Services Inc. (ICTSI), a global terminal operator based in Manila, Philippines.

 

The irony is that the bankruptcy of one of America’s highest-profile unions, representing over 40,000 workers, whose president hobnobbed with Biden, began with a feud over two electrician jobs a decade ago at a niche container facility in Portland, Oregon.

 

New trial too expensive for ILWU to bear

A jury decided in November 2019 that the ILWU owed ICTSI $93.6 million in damages for unlawful practices including work stoppages, slowdowns and other coercive actions starting in 2013 at the ICTSI terminal in Portland.

 

The terminal lost its shipping line clients and ICTSI terminated its lease in 2017, paying over $11 million in penalties to get out early (it had signed a 25-year lease in 2010).

 

Oregon District Court Judge Michael Simon ruled in March 2020 that the jury award was far too generous. He set maximum damages at $19.06 million — if the two sides would agree. If not, there would be a new trial on damages. ICTSI didn’t agree.

 

The appeals process is over on arguments about guilt or innocence: By law, ILWU owes ICTSI. The new trial on damages was set to begin in late February 2024. ICTSI is seeking $48 million-$142 million.

 

The ILWU currently has $9.5 million in cash. It estimated that it would have to pay $8.5 million in additional legal fees during the new trial on top of any damages awarded, thus the Chapter 11 filing that halts the trial process.

 

More:

https://www.freightwaves.com/news/how-a-fight-over-2-jobs-bankrupted-union-of-40000-dockworkers

Anonymous ID: 821784 July 16, 2024, 11:01 a.m. No.21220336   🗄️.is 🔗kun   >>0359 >>0388

>>21220271

 

Ready for more layoffs shillboi?

 

Media Matters Lays Off A Dozen Staffers Following Federal Probe, Lawsuit By Elon Musk

Nicole Silverio May 23, 2024

 

Media Matters followed suit with several liberal outlets by laying off at least a dozen staffers following a federal probe and lawsuit by “X” chief executive officer Elon Musk.

 

Staffers, some of whom have been with Media Matters for years, took to social media announcing their sudden departure from the outlet. The layoffs followed federal probes filed by Republican Attorneys General Ken Paxton of Texas and Andrew Bailey of Missouri into the outlet for possible fraudulent activity by allegedly manipulating data on “X,” formerly known as Twitter.

 

Musk filed a defamation lawsuit against Media Matters in federal court in November, as the site has accused the outlet of “knowingly” manufacturing images showing advertisements from major corporations alongside posts made by white supremacists and neo-Nazis.

 

Bad News: I’ve been laid off from @mmfa, along with a dozen colleagues.

 

There’s a reason far-right billionaires attack Media Matters with armies of lawyers: They know how effective our work is, and it terrifies them (him).

 

— Kat Abu (@abughazalehkat) May 23, 2024

 

“After nearly four years of working at media matters, I got laid off,” another staffer named Beatrice said. “So if anyone is looking for researchers with video experience, drop a line.”

 

After nearly four years of working at media matters, I got laid off. So if anyone is looking for researchers with video experience, drop a line.

 

— Bee (@mount_bees) May 23, 2024

 

“Got laid off, lmk who wants research done,” researcher Brendan Karet said. “On the plus side, no more listening to the dumbest dogshit on earth everyday.”

 

Media Matters’ staffing purge is the latest in the liberal media bloodbath that has become prominent in recent years. NowThis laid off half of its editorial team in February as part of a “broader initiative to realign our resources and structure to ensure a long-term sustainable business in the evolving media landscape.” The Intercept laid off 15 staffers including its Editor-in-Chief Roger Hodge, on the same day.

 

More:

https://dailycaller.com/2024/05/23/media-matters-layoffs-federal-probe-elon-musk-lawsuit/