Employer doesn't have to hand over financial document, court rules

04/4/2013 | Forbes

A federal appeals court has ruled that confectionary company Stella D'oro was within its rights in refusing to allow a union to retain a copy of a confidential financial document during collective bargaining. The court noted that unions are entitled to financial information during collective bargaining if an employer says it can't afford contract demands, but not if an employer says it is unwilling to meet demands. "For employers, the key takeaway is this: when stating your position in labor contract negotiations, wording is everything," Joel Barras writes.

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