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With the inception of IOLTA, lawyers who handle nominal or short-term client funds that cannot earn net interest for the client place these funds in pooled, interest-bearing accounts, and the interest earned on these accounts is remitted to the state IOLTA program for charitable purposes. Nearly all IOLTA programs in the United States use IOLTA ...
While the Financial Core ruling came out of General Motors's (GM) dispute with the United Auto Workers (UAW), this Supreme Court ruling applies to all unions in the United States. Although GM sought to undermine the UAW, the court's ruling that collective bargaining led to better working conditions for all workers was a win for unions.
The company created a program in which 3,600 workers who had reached the retirement age of 60 received full pension benefits, 4,000 workers aged 40–59 who had ten years with Studebaker received lump sum payments valued at roughly 15% of the actuarial value of their pension benefits, and the remaining 2,900 workers received no pensions.
GM declined to disclose the entire number of layoffs, but a source familiar with the action confirmed more than 1,000 salaried employees would be laid off, including 600 in Warren, Michigan ...
Kenneth Roy Feinberg (born October 23, 1945) is an American attorney specializing in mediation and alternative dispute resolution.He served as the Chief of Staff to Senator Ted Kennedy, Special Master of the U.S. government's September 11th Victim Compensation Fund and the Special Master for TARP Executive Compensation.
DETROIT (Reuters) -U.S. automakers Ford Motor and General Motors will donate $1 million each, along with vehicles, to U.S. President-elect Donald Trump's January inauguration, company ...
Here are some notable non-GM or Tesla models that are eligible for the full credit starting January 1: Ford Mustang Mach-E. Ford F-150 Lightning. Ford E-Transit Van. Jeep Wrangler 4xe. Jeep Grand ...
The 2019 General Motors strike began September 15, 2019, with the walkout of 48,000 United Automobile Workers from some 50 plants in the United States. Demands by workers included increased job security , gateway for temporary workers to become permanent, better pay and retaining healthcare benefits.