Security Farms v. General Teamsters, Warehousemen & Helpers Union, Union, Local 890 (In re General Teamsters, Warehousemen & Helpers Union, Local 890)
Case Details
- Judge(s)
- Schroeder, Tallman, Wallace
- Status — whether other courts must follow this ruling
- Published
- Procedural Posture — the stage the case had reached
- appeal
- Circuit
- Ninth Circuit
Related Laws
No specific laws identified for this ruling.
Outcome
The Ninth Circuit affirmed the bankruptcy court's approval of Local 890's Chapter 11 reorganization plan, rejecting the creditors' arguments that the International union had an equity interest requiring new value contributions and that the collective bargaining agreement should be treated as a distributable asset.
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