CopperArea.com
Senior U.S. District Judge Stephen M. McNamee issued a decision last week to enforce an arbitrator’s award that ASARCO must pay a negotiated quarterly bonus based on the price of copper to the hundreds of employees hired after June 30, 2011. The company had denied the benefit and with this ruling the company will be forced to pay the bonuses.
The award is estimated to be worth more than $10 million.