Judge Rejects United's Deal with Pilots
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A federal bankruptcy judge on Friday  rejected an agreement between UAL Corp. UALAQ.OB and its  pilots union, saying it "unfairly tilted the bankruptcy  process" in favor of the pilots.
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A federal bankruptcy judge on Friday agreed to consider a motion by United Airlines to cancel its union contracts to save USD$725 million a year.
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Aer Lingus employees reject a takeover approach from Ryanair dealing a new blow to the no-frills airlines plans.
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Leaders of US Airways&#39; pilots union late Monday rejected the carrier&#39;s latest contract proposal, a blow to the airline&#39;s attempt to avoid a second bankruptcy filing.
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CHICAGO - A federal bankruptcy judge has given United Airlines a 30-day "test period" to show it can cooperate with its unions on a restructuring plan, rejecting union calls to open the process up to rival proposals immediately because United has not tried hard enough to preserve employee pensions.    The hearing came a day after the release of court papers in which United warned it "likely" will have to terminate those pension funds in order to secure the loans it needs to emerge from Chapter 11 bankruptcy...
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The union that represents pilots at United Airlines said Friday that it had struck a deal that would allow the airline to terminate the pilots' ailing pension plan.
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Leaders of the US Airways pilots&#39; union have rejected the carrier&#39;s latest contract proposal, hampering the airline&#39;s attempt to avoid filing bankruptcy a second time.
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A federal judge rejects the US government's bid to block software giant Oracle's hostile takeover of rival PeopleSoft.
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US bankruptcy judge agrees to consider airline&#39;s motion to cancel pact, save $725 million a year. CHICAGO  - A federal bankruptcy judge agreed Friday to consider a motion by United Airlines to cancel
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A judge in Delaware ruled that Cerberus Capital could not be forced to complete its $4 billion deal for United Rentals, a rental equipment operator.
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A judge rejected a $180 million  concession agreement between bankrupt United Airlines  UALAQ.OB and its pilots' union on Friday, while the carrier  announced it had reached a tentative giveback deal with its  mechanics and was close to one with its flight attendants.
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Manchester United have confirmed that they have rejected a takeover plan from American businessman Malcolm Glazer. That and this report from The London Telegraph.
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United Rentals said that it would not appeal a Delaware judgeâs ruling that a private equity firm cannot be forced to complete its $4 billion buyout of the rental equipment operator.
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CHICAGO - A federal bankruptcy judge on Friday ruled against United Airlines in a procedural dispute, siding with unions who said the company submitted unsubstantiated claims about how employees would be affected if their pension programs were terminated.
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United Airlines formally raised the  possibility of throwing out union contracts on Friday, asking a  bankruptcy judge for permission to discuss the matter at an  upcoming court hearing.
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LOS ANGELES (CBS.MW) -- A Delaware judge rejected the proposed settlement of a lawsuit brought against PeopleSoft Inc. by shareholders over the company&#39;s resistance to Oracle Corp.
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The pilots union at US Airways Group Inc. says it will oppose a motion in bankruptcy court expected Friday that will seek immediate pay cuts for its members.