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The Chip Board Archive 10

The Union was only getting....

... what was owed them (and only part of it at that). Don't blame the Union -- they are legally obligated to protect their members' interest. The Horseshoe was going down the tube anyway. The Bennons did not have to shut it down. Most corporations file for bankruptcy in a situation like this, which would have allowed for restructuring of debts and continued operation. However Becky's contract with Jack would have required that she turn the Horseshoe over to him if she filed. So, she closed the joint and put the people out of work to protect what little she might be able to get out of it.

Messages In This Thread

LAS VEGAS NEWS - HORSESHOE ETC. NCR
NCR My Friend Archie & I will ...
Re: NCR My Friend Archie & I will ...
The Union was only getting....
Re: The Union was only getting....
YES THEY DID! grin FORMER AFL PERSON
Re: LAS VEGAS NEWS - HORSESHOE ETC. NCR
Re: LAS VEGAS NEWS - HORSESHOE ETC. NCR

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