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

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 

“ … 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