In a deal that will allow Navillus to exit bankruptcy, the concrete contractor will pay less than half of the $76 million settlement that a group of construction unions won against the company last year. If its reorganization plan is approved, Navillus will pay five unions a total of $25.7 million — a significantly lower sum than the group was granted in September, when a federal judge ruled that the contractor cheated the unions out […]
source https://therealdeal.com/2018/08/25/a-federal-judge-ordered-navillus-to-pay-unions-76m-heres-why-the-contractor-is-only-paying-26m/
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