Washington Group seeks Chapter 11 protection in bankruptcy
Washington Group sought Chapter 11 protection as cash flow problems forced suspension of several projects. Credit Suisse First Boston designated as agent for a debtor in possession facility of 150 million dollars, potentially rising to 350 million. Court set a Sept. 6 confirmation date for the reorganization while expecting emergence from protection soon after. The case follows a lawsuit against Raytheon over losses and cost overruns tied to assets acquired in April 2000 through Morrison Knudsen.
MENTIONED IN THIS ARTICLE
Washington Group
Credit Suisse First Boston
Stephen G. Hanks
Raytheon Corp
Raytheon
Morrison Knudsen Corp
Boston
Deborah
Bush urges faster relicensing and MOX revival propulsion
Bush releases a paper on speeding nuclear relicensing and licensing new plants. He backs reviving reprocessing of spent fuel with MOX, a move Thurmond champions as essential for next generation tech. The plan notes long term fixes amid California blackouts and rising fuel costs. Thurmond cites MOX as clean, safe fuel for generations.
MENTIONED IN THIS ARTICLE
Tion
California
Thurmond
Condoleezza Rice
National Security
Memorial Day Concert Sparks Jackson Community Pride
Several hundred residents attended the Fort Gordon Signal Corps Band Memorial Day concert at Thornton Park in Jackson. Mayor Pat Sullivan and council member Marty Landrum lauded the event as a community unifier, with residents like Margie Landrum expressing strong support and recreation director Todd Etheredge calling it a potential start to a concert series.
MENTIONED IN THIS ARTICLE
Marty Landrum
Atterdee
Margie Landrum
Pat Sullivan
Todd Etheredge
Jackson
York Mayor Robertson faces gun charges after rally remarks
The longtime mayor, in office since 1994, was arrested on serious and criminal serious case counts after prosecutors say he admitted yelling white power at a rally and allegedly authorized white gang members to obtain hunting bullets to harm Black people. Another witness testified Robertson gave ammo to men linked to the incident and that a fatal shot on Allen’s car day after the rally may not have used his bullets. Robertson denies giving ammo or making the commando remark while conceding racist feelings. bail set at 50000. The arrest follows his slim primary victory and prompts varied political reaction from rival Betty Schonauer and Gov Tom Ridge remarks on the political crisis.
MENTIONED IN THIS ARTICLE
Robertson
Rick Knouse
Allen
Arthur Messersmith
Brothers
Controversy as County Plans Rezoning for Cullum Farms Area
Citizens clash with county officials over a rezoning proposal affecting 91 parcels near Cullum Farms and a Wire Road site near the future county jail. The commission backs switching to single family status, while neighbors worry about barns, hay sheds, livestock and evading legal issues. A-1 Bonding Interest in the Wire Road parcel is noted.
MENTIONED IN THIS ARTICLE
Ing
Gail Wilkinson
Diane Giddings
Fred Christensen
Commission
Cullum Farms
Silver Bluff Road
Wire Road
A-1 Bonding Company
Also Mentioned on This Page
Washington
Bush
Jimmy Carter
Allied General Nuclear Services
Barnwell County
Eejay’s
Kalmia Mall
Sieye
al RV
Whiskey
Dvorak
Mass In D
Aiken Choral Society
Artemisia Thevaos, Piano
St Mary Help of Christians Catholic Church
Park Avenue
York Street
Aiken
GOW Boys & Gun
Denta
Deporan A. Ashcraft, D
Eenagers
Equestic
York
Schonauer
Sov
Tom Ridge
Ridge
Alltel
Cae Plaza HF
Siverlat Ra
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