US Dockworkers Union Declares Bankruptcy
The International Longshore and Warehouse Union (ILWU), representing U.S. dockworkers, has filed for chapter 11 bankruptcy protection to resolve a pending litigation with the Oregon affiliate of International Container Terminal Services Inc (ICTSI). The union listed its assets and liabilities in the range of $1 million to $10 million. ILWU intends to use the bankruptcy process to bring the matter to resolution and ensure the union can continue its work. The union has been facing claims of illegally slowing down operations at the Port of Portland.












