A federal bankruptcy judge on Friday approved a settlement agreement between US Airways and the Pension Benefit Guarantee Corporation over nearly $2.7 billion in claims stemming from the airline's Chapter 11 bankruptcy. Under the approved...
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Corporations and securities brief ~ United bankruptcy plan deadline extended
Leading Friday's corporations and securities law news, US Bankruptcy Judge Eugene Wedoff has granted United Airlines an extension to file its final bankruptcy plan. The plan, which was due in September, will now be due...
States brief ~ MI appeals court rules parochial school teachers can't join union
Leading Wednesday's states brief, the Michigan Court of Appeals ruled today that faculty at a parochial school cannot join the Michigan Education Association, the state's largest teacher's union, because the legislature did not intend to grant the Michigan Employment...
Former UK Home Secretary warns courts to back off terror laws
Former UK Home Secretary David Blunkett lined up over the weekend behind British Prime Minister Tony Blair and his new proposals for changing Britain's anti-terrorism laws , saying that parliament, not the courts, should be primarily...
Corporations and securities brief ~ Nextel sued by affiliate over Sprint merger
Leading Wednesday's corporations and securities law news, communications Nextel is being sued by a distributing affiliate, Nextel Partners, that claims it was not given input into Nextel's impending merger with Sprint and wants to go to arbitration....
Corporations and securities brief ~ SEC to pursue civil suit against Scrushy
Leading Tuesday's corporations and securities law news, a Securities and Exchange Commission (SEC) spokesman said today that the agency still plans to pursue a $785 million civil suit against former HealthSouth Corp. CEO Richard Scrushy...
French court widens scope for disability claims from nuclear testing
A French pensions court Thursday awarded disability benefits for a non-cancer illness contracted by soldier who participated in French nuclear testing over 40 years ago in the Sahara desert. The ruling marked the first example in Feench...
Gay couples in Switzerland can register their partnerships after 58% of Swiss voters Sunday said "yes" in a referendum , bringing to fruition a victory predicted by a Friday opinion poll [JURIST...
A US bankruptcy judge ruled Tuesday that United Airlines may sever its employees' pension plans, precipitating the largest corporate-pension default in US history. The ruling by Judge Eugene Wedoff means that United employees will now...
The US Supreme Court agreed Monday to hear Oregon v. Guzek (docket 04-928), a death sentence case involving a convicted murderer's efforts to bring evidence into his sentencing hearing that would cast doubt on the conviction. A ruling here...