FINNEGAN v. TRANS WORLD AIRLINES, INC.

No. 91-2150.

967 F.2d 1161 (1992)

Joan FINNEGAN, Radford B. Clark, Glen L. Blum, individually and on behalf of all similarly situated persons, Plaintiffs-Appellants, and Harold Cottrell, Intervening Plaintiff-Appellant, v. TRANS WORLD AIRLINES, INCORPORATED, Defendant-Appellee.

United States Court of Appeals, Seventh Circuit.

Decided July 14, 1992.


Attorney(s) appearing for the Case

Thomas R. Meites (argued), Lynn S. Frackman, Meites, Frackman, Mulder & Burger, Gregory N. Freerksen, Samuel W. Witwer, Jr., Witwer, Burlage, Poltrock & Giampietro, Chicago, Ill., Robert Balfour, Geneva, Ill., Rob Weiner, Jarett & Weiner, Northfield, Ill., plaintiffs-appellants and intervenor-appellant.

Joel H. Kaplan, Thomas J. Piskorski (argued), Seyfarth, Shaw, Fairweather & Geraldson, Chicago, Ill., Michael A. Katz, Trans World Airlines, Legal Dept., Mt. Kisco, N.Y., for defendant-appellee.

Before BAUER, Chief Judge, POSNER, Circuit Judge, and FAIRCHILD, Senior Circuit Judge.


POSNER, Circuit Judge.

In the fall of 1985, after years of heavy losses, TWA decided that it had to reduce its labor costs or go under. (TWA finally declared bankruptcy during the pendency of this appeal, but the bankruptcy judge lifted the automatic stay to permit the appeal to be argued and decided.) The measures it took included a 14 percent cut in the wages of its nonunionized employees and a reduction in those employees...

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