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eridani

(51,907 posts)
Mon Feb 1, 2016, 05:22 AM Feb 2016

Chicago Window Workers Who Occupied Their Factory in 2008 Win New Bankruptcy Payout

http://inthesetimes.com/working/entry/18802/republic-windows-doors-factory-occupation-bankrupcty-ue-union

Seven years after Republic Windows & Doors workers occupied a recently-shuttered factory in Chicago, making international news, and three years after they opened their own window company, they are receiving a $295,000 payout in bankruptcy court that is both a symbolic and pragmatic victory.

When a company goes bankrupt, workers are usually at the end of the line to get paid, as they are considered “unsecured creditors” behind various secured creditors who are owed money. That means workers often never get money they are owed.

But the Republic Windows workers have broken the mold in many ways, starting when they occupied the factory on Goose Island in the Chicago River, receiving massive community and political support and convincing Bank of America and JP Morgan Chase to hand over the severance and vacation pay due them.

They became a poster child of the American Recovery and Reinvestment Act (or the “stimulus”) after the company was bought by a California-based maker of highly energy efficient products. Then they occupied the factory again when that owner threatened to close it. Finally in spring 2013 they opened their own factory, New Era Windows.

In January 2009, not long after the occupation, the United Electrical Workers (UE) union, which represented Republic workers, filed a complaint with the National Labor Relations Board charging that the company violated the union contract by closing abruptly without negotiating over the closure terms. Two years later, the board ruled in favor of the workers and decided they were due two weeks’ wages, the estimated amount of time that bargaining over a closure would have taken.

The company was in bankruptcy proceedings by then, however, and it wasn’t until this week that the bankruptcy court ordered the release of the funds. The NLRB will distribute the money to individual workers.
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Chicago Window Workers Who Occupied Their Factory in 2008 Win New Bankruptcy Payout (Original Post) eridani Feb 2016 OP
Employees' claims should take precedence in bankruptcy court. JDPriestly Feb 2016 #1

JDPriestly

(57,936 posts)
1. Employees' claims should take precedence in bankruptcy court.
Mon Feb 1, 2016, 05:26 AM
Feb 2016

Those claims should include pension commitments as well as back pay and other contractual obligations.

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