Newsroom Headlines

September 8, 2006 Courts Issue Initial Report on Workload Created by New Bankruptcy Law The Administrative Office of the U.S. Courts has released its initial assessment of the impact of BAPCPA on the

September 7, 2006 Investors Say GM Owes Delphi $26 Billion General Motors Corp. owes $26 billion to Delphi Corp., an investor committee for the auto parts maker said in a bankruptcy court filing, the

  September 6, 2006 Autos Dana’s Executive Bonus Plan Ruled Illegal Bankruptcy Judge Burton R. Lifland ruled yesterday that Dana Corp.’s  plan to pay millions of dollars in retention bonuses to top

  September 5, 2006 Justice Department Opposes Dana Corp.’s Bankruptcy Bonus Plan The Justice Department has joined with unions and creditors of Dana Corp., an Ohio-based auto parts manufacturer, in

  September 1, 2006 Airlines Delta, Retired Pilots Clash Over Pension Plan Bankrupt carrier Delta Airlines asked a judge to toss its pension plans in an effort to cut costs, but its retired pilots

  August 31, 2006 Judge Grants Exclusivity Extension to Silicon Graphics A federal bankruptcy judge has granted high-performance computer maker Silicon Graphics Inc. another four months to wield sole

  August 30, 2006 Business Bankruptcy Filings Likely to Set Record Low in 2006 The number of public companies filing for bankruptcy in 2006 will likely hit a record low, according to ABI executive

August 29, 2006 Bankruptcy Filings Fall in Wake of New Law The Administrative Office of the U.S. Courts reported that nearly 1.48 million personal and business bankruptcies were filed in the year

  August 28, 2006 Airlines Judge Blocks Northwest Attendants Strike for Now Northwest Airlines won a reprieve in federal court from a possible flight attendants' strike that could have caused

  August 25, 2006 Airlines Northwest and Its Flight Attendants Await a Strike Ruling Northwest Airlines and its flight attendants’ union are awaiting a ruling today by Federal District Court Judge