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Wednesday, April 26, 2006

Bankruptcy Law - Birch Telecom emerges from bankruptcy


Birch Telecom emerges from bankruptcy
Birch Telecom Inc. today said it has emerged from Chapter 11 bankruptcy protection. Creditors now own the reorganized company, which emerged from bankruptcy on Thursday.

Delphi Still Negotiating With Unions, GM
With less than two weeks to go before Delphi Corp. plans to ask a federal judge to cancel its union contracts, the auto supplier is still negotiating with its major unions and General Motors Corp. over wage cuts. Delphi's second-largest labor union...

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