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Delphi may eliminate retiree health benefits

By Mitchell H. Rubinstein

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In re Delphi Corp,___ Bank. Rep. ___ (S.D.N.Y.March 10, 2009) is an interesting case. A bankruptcy judge held that Delphi Corp may eliminate retiree health care benefits. Section 1114 of the Bankruptcy Code, which provides that a debtor in possession...

Full post as published by Adjunct Law Prof Blog on March 24, 2009 (boomark / email).

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