Newsroom Headlines

  June 14, 2006 Pension Law Not Likely to Aid Firms from Past Lawsuits House Majority Leader John Boehner (R-Ohio) said federal pension legislation probably will not include the retroactive protection

  June 13, 2006 Bankruptcy Filings Up Despite Reforms While the new bankruptcy law caused filings plunge to a 20-year low in the first quarter of 2006, a rapid rise in new cases since then raises

June 12, 2006 Autos Delphi Reaches Buyout Deal with UAW Auto parts supplier Delphi Corp. reached an agreement on Friday with the United Automobile Workers union and General Motors that offered buyouts

  June 9, 2006 Congressional Leaders Pushing Pension Conferees to Pick Up Their Pace Republican leaders in both chambers are frustrated by the pace of negotiations and are trying to get conferees on

  June 8, 2006 PBGC Appeals Bankruptcy Court Ruling on Delta, Pilots The Pension Benefit Guaranty Corp. (PBGC) has appealed a bankruptcy court decision allowing Delta Air Lines Inc. to implement a new

  June 7, 2006 Asbestos Legislation a Big Risk, Former CBO Chief Says A U.S. Senate proposal for a privately funded trust to pay asbestos injury claims is laden with uncertainty and taxpayers risk

  June 6, 2006 Judge Approves $41 Million for Delta Bankruptcy Lawyers, Advisers A bankruptcy judge Monday approved $41.4 million in expenses and fees for services provided by Delta Air Lines Inc

  June 5, 2006 Judges Frustrated with New Bankruptcy Law Across the country, federal bankruptcy judges have begun to express frustration with the Bankruptcy and Abuse Prevention and Consumer

  June 2, 2006 Snowbarger Named Acting Chief of PBGC The U.S. Department of Labor announced that Vincent Snowbarger will serve as acting chief of the Pension Benefit Guaranty Corp. (PBGC), the

  June 1, 2006 Delta Pilots Agree to Pay Cut Delta Air Lines' pilots union yesterday approved a 14 percent pay cut, eliminating a key hurdle in the airline's struggle to restructure under chapter 11