Texaco seeks bankruptcy to pause Pennzoil suit
Texaco Inc filed for Chapter 11 protection near its White Plains headquarters to stay the Pennzoil case and limit an appeals bond of over 1 billion dollars. The move could slow the record 10.3 billion dollar judgment while preserving assets, but it risks surrendering substantial management control to creditors and the court.
MENTIONED IN THIS ARTICLE
New York
UPI
Texaco Inc
Pennzoil Co
Texaco
U.S
Texas
Pennzoil
White Plains
N.Y
Exxon Corp
Mobil Corp
Texaco Capital Inc
Texaco N.V
Getty Oil Co
Getty
James Kinnear
Joe Jamail
Kinnear
Alfred DeCrane
Wall Street
Fate of Shenango China hinges on summer stockholder vote
Shenango China faces an uncertain future as Anchor Hocking Corp plans a stockholder vote this summer. Officials note prospects depend on Newell Co. merger talks and potential options include keeping, selling, or closing the plant in New Castle. Internal losses and financial plans are cited as key factors guiding decisions.
MENTIONED IN THIS ARTICLE
Shenango
China
Shenango China
Alfred Lewis
Lancaster
Ohio
Tion
Newell Co
Freeport
Ill
Ken Moore
Newell
Moore
Lewis
Grant Street
Thomas Fee
New Castle
Advertising for Pa. 60 engineering firms OK'd
The Pennsylvania Turnpike Commission approved advertising for engineering firms to complete the final design for the Beaver Valley Expressway Pa 60 route. Two routes are under study with a decision planned for midsummer. Public input opportunities are set for April 22 23 at the Holiday Inn on Pa 18 near Beaver Falls from 1 30 to 9 30 p.m.
MENTIONED IN THIS ARTICLE
Pennsylvania Turnpike Commission
Turnpike
The
Commission
Holiday Inn
Pa. 18
Beaver Falls
Evacuees in Pittsburgh return home after chemical leak
About 16,000 Bloomfield residents were allowed to return after a derailment spilled phosphorous oxychloride from a Conrail tank car. The second evacuation ended around 4:30 p.m. as crews pumped the chemical into two tanker trucks for removal, with no major injuries reported. The incident prompted sheltering at the David Lawrence Convention Center before the all-clear was issued.
MENTIONED IN THIS ARTICLE
Pittsburgh
UPI
Conrail
Bloomfield
East End
Richard Caliguiri
Public Safety
Margaret Rizza
Ralph Perkraszewski
City Public Works Department
Glenn Cannon
Cannon
David Lawrence Convention Center
Victims report half of all violent crime rise in police reports
The 1986 Bureau of Justice Statistics study shows at least half of violent crimes were reported, marking a sign of greater willingness to come forward. Overall violent crime rate fell 7 percent, and personal theft declined 3 percent from 1985 to 1986.
MENTIONED IN THIS ARTICLE
Washington
UPI
Justice Department
Department
Bureau of Justice Statistics
Steven Schlesinger
Bureau
Schlesinger
Identity of woman at quarry learned
A woman found unconscious in North Beaver Township early Saturday is identified as Margaret Louise McGill, 49, of 1120 East Indianola Avenue, Youngstown. Her husband reported her missing to Youngstown police. she is in critical condition at St Elizabeth Hospital Medical Center. State police said she remains unconscious and investigators have not yet pieced together events. She was found at Hillsville Quarry around 12:30 a.m. by two teenagers. Anyone with information about the incident is asked to contact state police.
MENTIONED IN THIS ARTICLE
Beaver Township
Margaret Louise McGill
E. Indianola Ave
Youngstown
St. Elizabeth Hospital Medical Center
Hillsville Quarry
Death notices list eight residents in 1987 obituaries
Death records dated April 13 1987 list Olive J McCracken 86 Almira Louise T Isabella 72 22 Maitland St Frances M Ketzel 94 1111 N Locust St Florence B Sodersten 73 101 Cambridge St Frank Venditto 808 S Jefferson St John Damato 65 Wampum Rd Mary K Foley 89 Ellwood City Mrs Antonio Nocera 71 M Annabelle Retzer 86 Ford City Pa.
MENTIONED IN THIS ARTICLE
Olive J. McCracken
Almira Home
Louise T. Isabella
Maitland St
Frances M. Ketzel
N. Locust St
Florence B. Sodersten
Cambridge St
Frank Venditto
S. Jefferson St
John Damato
Wampum RD
Mary K. Foley
Ellwood City
Antonio Nocera
M. Annabelle Retzer
Ford City
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Pushiong
Sdseaess
Tarsus Esoiseian ii
Comer Lass
Lectonesian
Wuts
Aorn Eee
Entertainment
Peete
Lifestyle
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