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Daw Mill staff fear if UK Coal went into voluntary liquidation, workers could receive state payouts instead of enhanced benefits if they were not transferred over to a new company.
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Ssangyong threatened to seek liquidation if the workers prolong the occupation.
But its unions have recently resisted giving further concessions, forcing the airline's major lender to threaten last week that it would withdraw its money and drive the carrier into liquidation if the workers did not comply.
This was to avoid them getting caught up in a "lengthy liquidation process" – through which workers who did not receive all their entitlements under the capped FEG scheme would have to line up as creditors to get the rest.
Beyond Mr. Orr's attack on the pensions of city workers and liquidation of assets, the real issue is that his presence is an affront to democracy.
It was uncertain what will happen to the company's workers after the liquidation.
In a unanimous show of hands at a meeting on Friday, creditors – including almost 800 sacked refinery workers – voted for liquidation.
Today the old equation (liquidation of the bourgeoisie equals workers' state) popularised by countless Leninists, Stalinists and Trotskyists is just not good enough". Pallis was born in Bombay, the son of a merchant banker from a distinguished Anglo-Greek family.
The liquidation will leave about 18,000 workers without jobs.
By Friday its owner was in liquidation, threatening redundancy for the 500 workers who were being kept on to maintain the site in the hope that it might reopen – taking the potential impact to 2,200 posts.
It went into liquidation earlier this month, leaving more than 6,400 workers at its Dongguan and Qingyuan factories demanding unpaid back wages (see "China's Slowing Growth Raises Concerns").
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com