You don't know much about contracts and the Law, do you? I bet you think that if you personally go bankrupt, you can just forget all contracts you have signed for things, don't you?
And I'm already outed....too late for you.
Union contracts would be null and void in a bankruptcy.
Laws today may not be the same law tomorrow, Bo. Such as....pot is illegal right now in Ca. But....they may try and change that law. So you see, things aren't etched in stone as you may think. Nice try on your end, but it was still a fail for you.
No, union contracts may be renegotiated THRU THE COURTS if a state declares bankrupcy...but they are not automatically null and void.
You ARE a joke.
Give it up, Bo. The contracts would be null and void and RENEGOTIATED through the courts. My original post was that they would be renegotiated.