Newsroom Headlines

December 27, 2005 Judge Orders Lucent to Pay $224 Million A federal bankruptcy judge has ruled that Lucent Technologies must pay $224 million, plus other costs, to the creditors of Winstar

December 23, 2005 Texas Court Dismisses Pope From Sex Abuse Case A U.S. judge in Texas dismissed Pope Benedict XVI from a civil lawsuit accusing him of conspiracy to cover up the sexual abuse of

December 22, 2005 Creditors Line Up after Calpine's Bankruptcy Filing Calpine Corp.'s creditors lined up on Wednesday for what experts expect will be a protracted fight over the power company's deeply

December 21, 2005 Calpine Corp. Files for Chapter 11 U.S. power producer Calpine Corp. said that it filed for chapter 11 protection yesterday in the U.S. Bankruptcy Court for the Southern District of

December 20, 2005 House Boosts Firms’ Pension Guarantee Fees Companies that declare bankruptcy and dump their pension plans onto the federal government would face a $3,750 fee per covered worker under

December 19, 2005 5th Circuit OKs Bankruptcy Lawyer’s Unique Fee Agreement If there’s a lesson to be learned about representing clients who are nearly broke, it is to have them pay their legal fees

December 16, 2005 House Passes Bill to Strengthen Pensions The House sought to reassure millions of baby boomers worried about retirement benefits, passing legislation yesterday that supporters said

December 15, 2005 House Might Vote Today on Pension Overhaul Bill The House will vote as early as today on legislation overhauling the nation’s pension laws, after Republican leaders determined they

December 13, 2005 Bankruptcy Courts Have Busy Year The dropoff in consumer bankruptcy petitions since the nation’s bankruptcy law changed belies the fact that there are still many Americans in serious

December 13, 2005 PBGC Head Urges Congress to Overhaul Pensions System Congress must overhaul the system of insuring private pensions to avoid a massive taxpayer bailout, the head of the nation’s