It filed for protection under Federal bankruptcy laws in May 1990.
The company filed under Chapter 11 of Federal bankruptcy law 13 months ago.
A few weeks later, they filed for reorganization under the Federal bankruptcy laws.
It filed last month for protection under Chapter 11 of the Federal bankruptcy laws.
Changes in Federal bankruptcy law have since made such a course more difficult, and it is bears now who would welcome bankruptcy.
Federal bankruptcy laws change on Oct. 17; after that management will have only 18 months to draft a restructuring plan.
His forbidding task was to see the company through a reorganization under Federal bankruptcy laws.
According to Federal bankruptcy law, a reorganization plan must have the approval of a bankrupt company's creditors.
Federal bankruptcy law allows companies to ask for the termination of their labor contracts unless new agreements can be reached.
The lower courts are divided over whether this is a permissible use of the Federal bankruptcy law.