I am a member of AEA. I fully support unions and believe that ultimately, Equity is a great union that protects actors and aids in the quality of professional theatre.
Having said that, they could stand to be more practical if those accounts are indeed accurate (not hearing AEA's side of the story, one should take pause). Theatre is becoming so incredibly expensive to produce. Why on earth complicate things with unnecessary provisions? Fairness must work both ways. So, hopefully this matter can be resolved amiably.
There are other matters Equity should take a second look at (the showcase code, for example PLEASE), but I have found that while a union rule may seem absolutely ridiculous, it is often put in place for very valid reason reason that explanation would convey easily. The exception is where said rule doesn't fit with a specific project. Then, one would hope a waiver could be put in place, but sometimes, you can't budge because if you give an inch, they'll take a mile.