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In 1971, record imports of foreign steel led to 108,000 steelworkers being laid off. Although a new national steel contract was reached without a strike the same year, Abel and the USWA executive council realized that the steel industry's tendency to stockpile steel in anticipation of a strike led to a boom-and-bust cycle, which hurt workers.
Sun Indalex Finance, LLC v United Steelworkers, 2013 SCC 6, arising from the Ontario courts as Re Indalex Limited, is a decision of the Supreme Court of Canada that deals with the question of priorities of claims in proceedings under the Companies' Creditors Arrangement Act, and how they intersect with the fiduciary duties employers have as administrators of pension plans.
The 46,000 members of the Aluminum Workers of America voted to merge with the budding steelworker union that was the USW in June 1944. Eventually, eight more unions joined the USW as well: the International Union of Mine, Mill and Smelter Workers (1967); the United Stone and Allied Product Workers of America (1971); International Union of District 50, Allied and Technical Workers of the United ...
A sheet metal trust formed in 1900 which brought nonunion plants into competition with the AA's unionized facilities at the American Sheet Steel Company. The company refused to recognize the AA and idled union plants while keeping nonunion works running at full speed. [28] The formation of the U.S. Steel trust in 1901 threatened the AA with ...
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An arbitration board has ruled that U.S. Steel may proceed with its proposed acquisition by Nippon Steel, a deal that faces strong opposition from its workforce. The board, which was jointly ...
A revocable trust also called a living trust, is a good idea if the grantor wants to modify the trust after creating it or reclaim the assets. Alternatively, an irrevocable trust places assets ...
In 1962, the Anaconda local 117 left Mine Mill to join with the steelworkers, and the loss of this local was the beginning of the end for Mine Mill. (3) [31] The USWA had many advantages in recruiting and showed strength in numbers. Despite years of resistance, the two unions merged in 1967.