Newsroom Headlines

January 25, 2006 Senate Debate on Asbestos to Open Feb. 6 Legislation to create a $140 billion asbestos compensation fund will come to the Senate floor for debate on Feb. 6, Senate Judiciary Committee

January 24, 2006 Supreme Court Curbs States' Immunity from Suit In its latest federalism decision, the Supreme Court ruled on Monday that states are not immune from private lawsuits brought under

January 23, 2006 Airlines UAL Cleared to Exit Bankruptcy A bankruptcy judge in Chicago Friday approved United Airlines' financial reorganization plan, effectively ending the longest and most expensive

January 20, 2006 Advocacy Group Calls for Asbestos-related Claim Reform An advocacy group is calling for Congress to pass a resolution to limit the amount of fraudulent asbestos cases filed in court

January 19, 2006 Calif. High Court Tackles Question of Landowner Liability in Asbestos Case If a landowner hires an independent contractor to do some work on his property, and an employee of the

January 18, 2006 Bankruptcy Change Takes Bite Out of Banks' Earnings A surge in consumer bankruptcies and a flattening yield curve took a bite out of fourth-quarter earnings at some of the nation's

January 17, 2006 Report: Bankruptcy Filings Remain Steady The new bankruptcy law is reportedly doing to little to curb the number of consumers filing for bankruptcy, according to the Washington Post

January 13, 2006 IRS Revoking Exemptions of Credit Counselors The Internal Revenue Service (IRS) has concluded that more than 30 credit-counseling firms—accounting for more than half of the industry's

January 12, 2006 Bankrupt Las Vegas Hotel, Casino Crumbles Bankrupt Castaways hotel and casino in Las Vegas was torn down Tuesday, the Associated Press reported yesterday. A series of planned

January 11, 2006 Northwest Gets Six More Months for Plan A federal bankruptcy judge on Tuesday granted Northwest Airlines Corp. six more months to file a reorganization plan without interference from