The International Longshore and Warehouse Union said its bankruptcy filing is the result of mounting legal costs associated with longstanding litigation over the union’s work stoppages and slowdowns.
The union, which says it represents approximately 40,000 members across the US and Canada, could owe between $48 million and $142 million in damages in coming months related to its legal battle with Portland-based terminal operator ICTSI Oregon Inc., union president William E. Adams told the Northern District of California bankruptcy court in a filing Monday. The union, which represents dockworkers as well as employees in related industries, may also have to ...
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