-

UNITE HERE Local 11 to Machine Investment Group and Taconic Capital: “No more bailouts of Relevant Group”

LOS ANGELES--(BUSINESS WIRE)--Taconic Capital and Machine Investment Group scheduled UCC foreclosure auctions for the Tommie Hollywood and Thompson Hollywood on December 21, 2022. These auctions were then delayed to January 21, 2023, and we now understand that they may have been further delayed to February.

The food and beverage operator at the Thompson faces a federal unfair labor practice charge for firing workers after they engaged in protected, concerted labor activity regarding working conditions at the hotel. None of these workers have been returned to their jobs.

In addition to these labor issues, the Tommie and Thompson face lawsuits filed by contractors alleging millions in unpaid work and congressional scrutiny surrounding their EB-5 financing.

The common denominator with the issues at the Tommie and Thompson is Relevant Group. Taconic and Machine already bailed out Relevant Group in 2021 at the Tommie and Thompson, providing rescue financing that averted foreclosure by Calmwater Capital.

Taconic and Machine must not make the same mistake twice. The firms should either take control of the properties or find a suitable buyer that ensures the properties are responsible actors and are willing to address the ongoing ESG issues. This should include consideration of a labor peace agreement with UNITE HERE Local 11.

UNITE HERE Local 11 is a labor union representing over 32,000 hospitality workers in Southern California and Arizona who work in hotels, restaurants, universities, convention centers, and airports.

Contacts

Jordan Fein, Lead Research Analyst
UNITE HERE Local 11
(312) 576-5048

Industry:

UNITE HERE Local 11

Release Versions
English

Contacts

Jordan Fein, Lead Research Analyst
UNITE HERE Local 11
(312) 576-5048

More News From UNITE HERE Local 11

UNITE HERE Local 11: PrimeFlight Acquisition of GAT/Sky Café Throws Phoenix Sky Harbor Inflight Catering Workers’ Lives in Turmoil for Second Time in Three Months

PHOENIX--(BUSINESS WIRE)--On February 5, private equity firm Atlantic Street Capital announced it had sold GAT/Sky Café to PrimeFlight, which is owned by private equity firms Sterling Group and Capitol Meridian Partners. The transaction marks the second time in three months that private equity firms have thrown hundreds of Phoenix Sky Harbor inflight catering workers’ lives in limbo. On November 4, 2025, LSG Sky Chefs fired about 200 UNITE HERE Local 11 members connected to the firm’s loss of a...

UNITE HERE Local 11 Calls on Department of Justice and Federal Trade Commission to Block Acquisition of Atlantic Street Capital-owned GAT/Sky Café by PrimeFlight, owned by Sterling Group and Capitol Meridian Partners

PHOENIX--(BUSINESS WIRE)--On February 4, 2026, UNITE HERE Local 11 called on authorities from the Federal Trade Commission and U.S. Department of Justice to block PrimeFlight’s acquisition of GAT/Sky Café pending an investigation on whether the move will decrease competitiveness in the aviation industry and lead to higher costs passed on to consumers. Please find the complaint letter here. PrimeFlight and its network of subsidiaries provide major airlines and airports general aviation aircraft...

UNITE HERE Local 11 Calls on City of Los Angeles to Investigate Allegations of Retaliation Against Airline Catering Workers Who Reported Sexual Harassment

LOS ANGELES--(BUSINESS WIRE)--UNITE HERE Local 11, together with the University of California at Irvine’s Law and Organizing Clinic, has filed a complaint calling on the City of Los Angeles Bureau of Contract Administration (BCA) and Human Rights Department to launch a full investigation into Flying Food Group, an airline catering company operating at Los Angeles International Airport, following allegations that the company retaliated against workers who reported sexual harassment and discrimin...
Back to Newsroom