Delphi autoworkers' union granted partial approval limiting CBA rejection hearing participation

By Caroline Salls

Pittsburgh, May 24 - Delphi Corp.'s autoworkers' union obtained partial approval of its request to limit participation in the hearing on rejection of the autoworkers' collective bargaining agreement, with the court ruling Tuesday that objecting parties can participate, according to a filing with the U.S. Bankruptcy Court for the Southern District of New York.

According to the order, objections were filed by indenture trustee Wilmington Trust Co.; shareholders Appaloosa Management, LP, Wexford Capital LLC, Pardus Capital Management LP and Lampe Conway & Co., LLC; the official committee of unsecured creditors; and Mercedes-Benz U.S. International, Inc.

In its motion, the union said only parities to the collective bargaining agreement should be allowed to participate in the hearing.

The union said Delphi, the UAW and five other unions will already be involved in the hearing, and the proceedings will become "unmanageable" if even more parties are allowed to participate.

Delphi, a Troy, Mich.-based automotive electronics manufacturer, filed for bankruptcy on Oct. 8, 2005. Its Chapter 11 case number is 05-44481.

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