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FedEx Discussions
Is FedEx legally obligated to negotiate in good faith with their contractors?
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<blockquote data-quote="It will be fine" data-source="post: 4133364" data-attributes="member: 55017"><p>Yes and no. If they bought a partial area it’s hard to value based on current revenue. It does sound like they bought before or during the ISP transition. That’s very risky and wouldn’t be advised by me. They should have stayed away and FedEx is probably under valuing the area, both can be true. Either way they are SOL. Options are bankruptcy or try to ride it out until they find a buyer or the debt is cleared.</p></blockquote><p></p>
[QUOTE="It will be fine, post: 4133364, member: 55017"] Yes and no. If they bought a partial area it’s hard to value based on current revenue. It does sound like they bought before or during the ISP transition. That’s very risky and wouldn’t be advised by me. They should have stayed away and FedEx is probably under valuing the area, both can be true. Either way they are SOL. Options are bankruptcy or try to ride it out until they find a buyer or the debt is cleared. [/QUOTE]
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Is FedEx legally obligated to negotiate in good faith with their contractors?
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