Legal Opinion
Finnegan v. Trans World Airlines, Inc.
Court of Appeals for the Seventh Circuit
Decided July 14, 1992No. 91-2150PublishedCited by 25 opinions
1Opinion of the Court
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’ fringe benefits. The reduction included capping paid vacations at 4 weeks a year. Previously, all employees who had more than 16 years of service with the company had…
2Cases cited16 opinions
- International Brotherhood of Teamsters v. United StatesSupreme Court of the United States · 1977
- Griggs v. Duke Power Co.Supreme Court of the United States · 1971
- Watson v. Fort Worth Bank & TrustSupreme Court of the United States · 1988
- Dothard v. RawlinsonSupreme Court of the United States · 1977
- Wards Cove Packing Co. v. AtonioSupreme Court of the United States · 1989
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3Cited by25 opinions
- Kimberly Hern Troupe v. The May Department Stores Company, Doing Business as Lord & TaylorCourt of Appeals for the Seventh Circuit · 1994
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- William MULLIN, Plaintiff, Appellant, v. RAYTHEON COMPANY, Defendant, AppelleeCourt of Appeals for the First Circuit · 1999
- John W. Fisher and Richard R. Kirchhoff v. Transco Services-Milwaukee, Inc.Court of Appeals for the Seventh Circuit · 1992
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