Oct 1 (Reuters) - The International Longshore and Warehouse Union (ILWU) representing U.S. dockworkers has filed for a chapter 11 bankruptcy protection to resolve a pending litigation with the Oregon affiliate of the International Container Terminal Services Inc (ICTSI).
The union has listed its assets and liabilities in the range of $1 million to $10 million, according to the Sept. 30 filing made in a San Francisco court.
"While we have attempted numerous times to resolve the decade-long litigation with ICTSI Oregon, at this point, the Union can no longer afford to defend against ICTSI's scorched-earth litigation tactic", said ILWU International President Willie Adams.
The union in August ratified a six-year contract for U.S dockworkers that improved pay and benefits for 22,000 employees at 29 ports stretching from California to Washington State.
Reporting by Jose Joseph in Bengaluru; Editing by Aurora EllisOur Standards: The Thomson Reuters Trust Principles.
Persons:
dockworkers, Willie Adams, ICTSI, Jose Joseph, Aurora Ellis
Organizations:
Warehouse Union, Oregon, International Container Terminal Services, ICTSI, ICTSI's, Union, Port, Wall, U.S, Washington State, Thomson
Locations:
San Francisco, ICTSI Oregon, Port of Portland, Philippines, United States, Canada, California, Washington, Bengaluru