Delphi gets more time to settle labor issues
Delphi Corp. won more time to continue negotiations with its unions, creditors and other parties that might allow the company to cut labor costs without triggering a strike, a lawyer for the company said Wednesday. At Delphi's request, Judge Robert Drain of the U.S. Bankruptcy Court in Manhattan gave the company until Nov. 17 to try to work out a deal, Delphi attorney Jack Butler said. He spoke after a closed-door meeting between Drain and other lawyers for Delphi, its unions and creditors.
See "Delphi gets more time to settle labor issues", Tiffany Kary, Chicago Tribune, November 7, 2006