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...decision last week, the Justices made it clear that such protection is limited. The goal of Chapter 11, wrote Justice William H. Rehnquist, is to permit a company's "successful rehabilitation." Consequently, a business need not prove that it is in danger of imminent collapse in order to obtain the bankruptcy court's permission to cancel a union pact. What it must show is that the labor contract unduly "burdens" its prospects for recovery and that it has made "reasonable" attempts to bargain with the union for deferred or smaller wage increases or other money saving measures. Only...

Author: /time Magazine | Title: Bankruptcy as an Escape Hatch | 3/5/1984 | See Source »

Davis said he would need a few days to think about appending the case. He said he would probably file a request for appeal so he can obtain could transcripts to determine if there were any appealatic effort...

Author: By Adam H. Gorfain, | Title: Former B-Schooler Gets 10 to 20 Years For Choking Wife at Peabody Terrace | 3/2/1984 | See Source »

...instructor in Business Administration, Edmund M. Goodhue '68, helped the club obtain the necessary insurance. Epps gave the club full status as a flight instructor during January, after Harvard lawyers decided that the club's insurance was sufficient...

Author: NO WRITER ATTRIBUTED | Title: Flight Insurance | 3/1/1984 | See Source »

Last year at this time, before the limits were instituted, hundreds of students camped out overnight outside Harvard Hall to gain admittance to the Eastern Collegiate Athletic Conference (E.C.A.C.) hockey playoffs. Some students bought large blocks of tickets, while others were unable to obtain...

Author: By Rebecca W. Carman, | Title: Victory Sets Ticket Office Into Motion | 2/29/1984 | See Source »

Many will argue against the necessity of such a direct federal effort and instead will advocate massive investment in education and job training programs so that lower-income Blacks can obtain the skills necessary to acquire decent jobs. (This in fact, was the approach of Lyndon Johnson's Great Society.) However, that proposal has a number of fundamental flaws. First of all, even if such an education and retraining effort succeeded, there is very little evidence to suggest that there are enough jobs available to employ most of the new workers. As I noted before, the number of new jobs...

Author: By Robert A. Watts, | Title: Black Poverty | 2/27/1984 | See Source »

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