Delphi bankruptcy court hearing on exec pay plan delayed again

Dec 15, 2005 | 08:53 AM | Philip Burgert

Bankrupt auto parts manufacturer Delphi Corp. has delayed for a second time a New York court hearing on an executive pay plan that has attracted opposition from unionized workers and stirred talk of a strike over pay cuts proposed for hourly workers.

The delay of the hearing to Jan. 26 from Jan. 5-after an earlier delay from Nov. 29-came as Troy, Mich.,-based Delphi and the United Auto Workers union reportedly remained far apart on reaching a deal on pay cuts.....

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