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October, 2009

Proposed EFCA Legislation's Impact on the U.S. Restaurant Industry
~ Report From Trinity Capital

Trinity Capital has been intensely focused on the regulatory environment this year as several monumental pieces of legislation have been introduced to Congress that may have substantial economic impact to the restaurant industry if passed into law.  Chief among these are the Employee Free Choice Act (“EFCA”) and the proposed health care legislation which recently emerged from the Senate Finance Committee.

There are three key elements to Card Check:
 
1) stiffer penalties for employers, but not employees, for bad faith negotiating 

2) mandatory “interest arbitration” led by a federal mediator for a first labor contract if no agreement is reached within 90 days 

3) the ability to create a labor union without an election by simply utilizing  "card check” methodology to attract a 51% majority of the workers to sign union cards  

Herein, a link to the white paper on the proposed House Bill Employee Free Choice Act better known as “Card Check" has been provided.


 
To download a free copy of this
report, click on the image above.

For more information, please contact:

Kevin Burke
Managing Director
310-231-3100  
kburke@trinitycapitalllc.com 

Please visit us at:
www.trinitycapitalllc.co
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About Trinity Capital

Trinity is a boutique, middle-market investment banking firm providing financial advisory services including mergers and acquisitions, fairness and valuation opinions, private placements of debt and equity, distressed advisory and restructuring. Since its inception, Trinity has closed transactions in excess of $10 billion.


Conference Update

Trinity Capital is an active participant, sponsor and speaker at numerous industry conferences. Upcoming events include:

November 2009 - Trinity Capital is a conference sponsor and exhibitor at the Restaurant Finance Monitor Conference. Please stop by and visit us at our booth.  If you would like to make arrangements for an on site meeting please call Jennifer Brown at 310.231.3113 to schedule a time. See you in Vegas!

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© 2009 Trinity Capital LLC. All Rights Reserved.

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