ILWU Dockworkers Union Files for Bankruptcy to Resolve Decade-Long Legal Battle with ICTSI

ILWU union representing U.S. dockworkers files for chapter 11 bankruptcy protection
Aims to resolve pending litigation with ICTSI over alleged slowdown at Port of Portland
ILWU has assets and liabilities between $1M-$10M according to filing
ILWU says bankruptcy will help resolve decade-long litigation with ICTSI
In August, ILWU ratified 6-year contract improving pay for 22,000 workers at 29 West Coast ports

reuters.com

Relevant topic timeline:

8/31/2023

US West Coast port workers ratify contract agreement

The International Longshore and Warehouse Union (ILWU) announced that U.S. dockworkers have ratified a six-year contract, granting improved pay and benefits, including a 32% pay increase and a one-time bonus for working during the early stages of the COVID-19 pandemic, for 22,000 employees at 29 ports along the West Coast.