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Keyword: longshore

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  • Longshore union braces for bankruptcy over Portland case, unnerving labor nationally

    01/29/2020 10:08:15 AM PST · by aimhigh · 33 replies
    OregonLive ^ | 02/28/2020 | Tribune News Service
    The union that handles every shipping container that crosses West Coast docks is bracing for bankruptcy. It’s a rare prospect for a bargaining group, and it’s rattling organized labor nationally. (snip) But a $94-million federal jury award Nov. 4 to ICTSI Oregon Inc., a cargo terminal operator, has forced union leaders to warn that a filing for Chapter 11 bankruptcy protection may be ahead.(snip) A Chapter 11 filing would force the union to disclose details of its finances and operations, a disagreeable prospect for an intensely private organization.