Post by Logan on Jun 1, 2016 3:31:30 GMT -6
ATLANTIC CITY, N.J. (AP) - The U.S. Supreme Court on Tuesday rejected a union challenge seeking to restore health and pension benefits for more than 1,000 workers at the Trump Taj Mahal casino in Atlantic City.
But not even the nation's highest court could end a bitter dispute between the union, which vowed continued picketing to try to drive away business from the casino, and billionaire investor Carl Icahn, who has sparred with it over benefits he considers unaffordable and extortionate.
The justices let stand lower court rulings in favor of the former Trump Entertainment Resorts, once run by presumptive Republican presidential nominee Donald Trump. The labor strife occurred after Trump was no longer involved with the company, save for a 10 percent stake for the use of his name; that stake was wiped out in bankruptcy court.
The union indicated it will continue to picket the casino, which is now owned by billionaire investor Carl Icahn.
Read more at www.philly.com/philly/business/20160531_ap_750c4d732c5e43b9a29f1e0f14adb7a3.html
But not even the nation's highest court could end a bitter dispute between the union, which vowed continued picketing to try to drive away business from the casino, and billionaire investor Carl Icahn, who has sparred with it over benefits he considers unaffordable and extortionate.
The justices let stand lower court rulings in favor of the former Trump Entertainment Resorts, once run by presumptive Republican presidential nominee Donald Trump. The labor strife occurred after Trump was no longer involved with the company, save for a 10 percent stake for the use of his name; that stake was wiped out in bankruptcy court.
The union indicated it will continue to picket the casino, which is now owned by billionaire investor Carl Icahn.
Read more at www.philly.com/philly/business/20160531_ap_750c4d732c5e43b9a29f1e0f14adb7a3.html