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Glad I'm out of this Part2
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<blockquote data-quote="bacha29" data-source="post: 1799786" data-attributes="member: 58386"><p>Guys Maybe I can sum it up this way. I got into this just few years after Roadway Package System was created. Not long after that I bounced a mid level executive about the terms of the operating agreeement being so overshifted in the company's favor. He took me outside to the parking lot where no one could hear us and said, " Look, this company does not consider any part of the operating agreement to be binding upon itself". When I questioned him further he said,"Can you identify for me the governing legal authority. with the power to make it binding'? He went on to point out that while there is arbitration the company reserves the exclusive right to decide who will be seated on the panel, meaning to say that the contractor has no chance to win. A year or so later a manager</p><p> summed it up this way. " I admit it, it's a rotten deal. The worst I've ever seen in all the years I been in this business. but you signed. I am going to tell you how to survive. Keep borrowed money to a minimum and limit your exposure to risk and to variable costs to only that which you cannot avoid". That's howI survived all those years.Mr. it will be fine needs to lok up the 9th Circuit Court of Appeals 2014 ruling on CA and OR contractors. THe 7th Circuit Court of Appeals Ruling and the appeals it has before them to rule on and the 11th Circuit Court ruling in in Florida.Now these rulings only apply from 1999-2009 However the plaintiffs attorneys are clearly making headway and according to what they are saying are building a strong foundation for a challenge involving 2010 and succeeding years.</p></blockquote><p></p>
[QUOTE="bacha29, post: 1799786, member: 58386"] Guys Maybe I can sum it up this way. I got into this just few years after Roadway Package System was created. Not long after that I bounced a mid level executive about the terms of the operating agreeement being so overshifted in the company's favor. He took me outside to the parking lot where no one could hear us and said, " Look, this company does not consider any part of the operating agreement to be binding upon itself". When I questioned him further he said,"Can you identify for me the governing legal authority. with the power to make it binding'? He went on to point out that while there is arbitration the company reserves the exclusive right to decide who will be seated on the panel, meaning to say that the contractor has no chance to win. A year or so later a manager summed it up this way. " I admit it, it's a rotten deal. The worst I've ever seen in all the years I been in this business. but you signed. I am going to tell you how to survive. Keep borrowed money to a minimum and limit your exposure to risk and to variable costs to only that which you cannot avoid". That's howI survived all those years.Mr. it will be fine needs to lok up the 9th Circuit Court of Appeals 2014 ruling on CA and OR contractors. THe 7th Circuit Court of Appeals Ruling and the appeals it has before them to rule on and the 11th Circuit Court ruling in in Florida.Now these rulings only apply from 1999-2009 However the plaintiffs attorneys are clearly making headway and according to what they are saying are building a strong foundation for a challenge involving 2010 and succeeding years. [/QUOTE]
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