Iron Workers, CBO Glass Nearing Out-of-Court Settlement in Union Case
December 28, 2012

by Penny Stacey,

The Trustees of the Iron Workers Local Union No. 5 and Iron Workers Employers Association, Employees Pension Trust and CBO Glass are in settlement discussions in a case in which the Trustees had alleged that the company failed to pay the Trustees of the Iron Workers Local Union No. 5 and Iron Workers Employees Association, according to court documents. The Trustees had claimed that CBO failed to make payments to the group from November 2011 to March 2012 for a total of about $157,000 in the suit, filed last May.

The groups had been scheduled to engage in a settlement conference with the U.S. District Court for the District of Maryland in late November, but requested to reschedule the settlement conference for no later than February 1, 2013.

“ … the parties have been actively engaged in settlement negotiations on their own and are optimistic that they can reach an agreement without the necessity and expense of a settlement conference,” write the parties in a joint motion. “They accordingly request that this court postpone the currently scheduled settlement conference. If the parties are not able to resolve the matter, they will contact the court to reschedule the settlement conference or, no later than February 1, 2013, file a status report with the court.”

This is one of two cases currently pending against CBO Glass. In March, the International Painters and Allied Trades Industry Pension Fund filed suit against the company and two of its officials, Gilbert DiMaio, president and CEO, and Paul F. Hogan, principal, alleging that they "failed to pay amounts due under the Labor Contracts, Trust Agreements and Plan."

At press time, the court had not yet ruled on a motion to dismiss filed by DiMaio and Hogan.

This story is an original story by USGlass magazine/USGNN™. Subscribe to USGlass magazine.
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