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Newsroom Headlines

March 212006

  March 21, 2006 Employee Benefit in Bankruptcy Case Before High Court Today The Supreme Court today will hear oral argument in Howard Delivery Service Inc. v. Zurich American Insurance (05-128) , a

March 202006

  March 20, 2006 Major Changes Raise Concerns on Pension Bill The pension bill now being completed in a House-Senate conference committee would actually weaken the pension system, according to a

March 172006

March 17, 2006 Distressed Cities See No Clear Path A number of large U.S. cities, including San Diego, Pittsburgh and Detroit, are in serious financial distress, the National Law Journal reported

March 162006

  March 16, 2006 Western Pennsylvania  Bankruptcy Cases Jump 21.9 Percent in 2005 Bankruptcy filings in western Pennsylvania jumped 21.9 percent last year as debtors rushed to declare insolvency

March 152006

  March 15, 2006 Bankruptcies Soar in FY2005 as New Federal Law Goes in Effect U.S. bankruptcy filings rose 10 percent in fiscal year 2005 to a record 1.78 million, driven in part by a more

March 142006

  March 14, 2006 Kaiser Aluminum Bids to Preserve Net Operating Losses A month after being given the green light to reemerge from its long-running bankruptcy, Kaiser Aluminum Corp. has asked for a

March 132006

  March 13, 2006 PBGC Official Calls for Disclosure of Problem Pensions Companies with underfunded pension plans should be required to provide information on the condition of their plans as part of an

March 102006

  March 10, 2006 UAW Disputes Report of Near Agreement with Delphi , GM The United Auto Workers disputed a report in Thursday’s Wall Street Journal that bankrupt auto-parts supplier Delphi Corp. and

March 92006

  March 9, 2006 Congressional Negotiators Start Work on Pension Bill Congressional negotiators began work late on compromise legislation to reform the way corporate pensions are funded and protect

March 82006

  March 8, 2006 Treasury Official Says Pension Legislation Falls Short Treasury Assistant Secretary Mark Warshawsky said that U.S. pension overhaul legislation before Congress still falls short of