On Friday, November 13, the United States District Court in Brownsville, Texas issued an order in the ASARCO LLC Chapter 11 bankruptcy confirming a plan of reorganization proposed by Asarco, Inc., an entity controlled by Mexico City-based conglomerate Grupo Mexico.

“The USW is certainly disappointed with the District Court’s decision. We are reviewing the 135-page decision, as well as our legal and other options,” said Robert LaVenture, Director of USW District 12 and union chairman of bargaining with ASARCO. “It appears that the District Court committed the same error as the Bankruptcy Court by disregarding contractual provisions that protect employee rights and benefits in the event of a sale or other change in control ... more