Hired gun
The Daily Deal - July 10, 2003
Byline: Jonathan Berke
Walk into Edward S. Weisfelner's 29th-floor offices at Brown Rudnick Berlack Israels LLP in midtown Manhattan and you'll think you've entered a barracks instead of a lawyer's office. There's a drill sergeant's uniform and helmet hanging on the wal... (Read More)
Cause and effect: a review of the top business stories out of this years legislative session - Government
Greater Baton Rouge Business Report - July 8, 2003, by Jeremy J. Alford
Dan Juneau says it could have been better, but it also could have been worse.
As head of the Louisiana Association of Business and Industry, he was closely watching the Louisiana Legislature from its start in March to its close June 23 for bills of interest to his memb... (Read More)
Finland's YIT to buy ABB unit
The Daily Deal - July 7, 2003
Byline: Patricia Koza
Finnish construction and engineering company YIT-Yntyma Oyj agreed Friday, July 4, to buy Swiss-Swedish rival ABB Ltd. 's building systems operations in the Nordic area, the Baltic states and Russia for [Euro]203 million ($233 million) in cash to s... (Read More)
Letter from Delaware
The Daily Deal - July 3, 2003
Byline: Shanon D. Murray with staff reports
Edward Becker has stepped down as chief justice of the U.S. Court of Appeals for the Third Circuit, but he still may have to deal with asbestos-related issues.
Sen. Arlen Specter, R-Pa., has suggested his fellow lawmakers br... (Read More)
Richard Lehmann Highlights the Following Issues: Worldcom, Armstrong World, Allegiance Telecom and Kmart Holding Corporation
Business Wire - July 3, 2003
Business Editors
CHICAGO--(BUSINESS WIRE)--July 3, 2003
Whether you're looking to make a profit in unlikely places or trying to stem losses, it's important to know about securities in distress. Richard Lehmann provides such difficult to find information through profil... (Read More)
A glimpse of dawn: why the soft market is just around the corner - Workers' Group
Risk & Insurance - July 1, 2003, by Joseph Paduda
Workers' compensation rates continue to climb, capacity shrinks, carriers with long-established reputations disappear seemingly overnight, and risk managers sweat at the thought of the next renewal.
At the height of what appears to be the hardest workers' camp market in... (Read More)
Asbestos prepacks get shot in the arm
The Daily Deal - June 24, 2003
Byline: Soma Biswas
In a victory for ABB Ltd. and other companies afflicted with asbestos liabilities, a Delaware bankruptcy judge on Monday, June 23, recommended that a U.S. District Court judge confirm a prepackaged reorganization plan proposed by the bankrupt Combust... (Read More)
Corning CFO to Meet with Investors at Wachovia Securities Conference; Company to Re-Affirm Second-Quarter Guidance
Business Wire - June 24, 2003
Business Editors
CORNING, N.Y.--(BUSINESS WIRE)--June 24, 2003
Corning Incorporated (NYSE:GLW) Vice Chairman and Chief Financial Officer James B. Flaws today will tell investors that the company continues to make significant progress on its three main priorities of pr... (Read More)
A.M. Best Affirms Financial Strength Rating of St. Paul; Downgrades Debt Ratings
Business Wire - June 13, 2003
Business Editors
OLDWICK, N.J.--(BUSINESS WIRE)--June 13, 2003
A.M. Best Co. has affirmed the financial strength rating of A (Excellent) of The St. Paul Companies, Inc.'s (St. Paul, MN) (NYSE: SPC) property/casualty subsidiaries. Concurrently, A.M. Best has downgraded... (Read More)
Congoleum delays Chapter 11
The Daily Deal - June 11, 2003
Byline: Soma Biswas
Congoleum Corp., a Mercerville, N.J.-based maker of linoleum floor tiles, said it's delaying until September plans to file a prepackaged Chapter 11 to settle mounting asbestos lawsuits against the company.
Congoleum's move follows an announcement F... (Read More)
Robert L. McGinnis Promoted to Chief Executive Officer of CNA Life and Group Operations
Business Wire - June 11, 2003
Business Editors
CHICAGO--(BUSINESS WIRE)--June 11, 2003
Today, CNA Financial Corporation (NYSE:CNA) announced that Robert L. McGinnis will become the new President and Chief Executive Officer of CNA Life and Group Operations, CNA insurance companies. Mr. McGinnis tod... (Read More)
Congoleum Corporation Amends Agreement to Settle Asbestos Claims
Business Wire - June 9, 2003
Business Editors
MERCERVILLE, N.J.--(BUSINESS WIRE)--June 9, 2003
Congoleum Corporation (AMEX:CGM) reported today that it has executed certain amendments to the settlement agreement it entered into on April 10, 2003 with attorneys representing more than 75% of the kno... (Read More)
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