Auditors Cite Maxwell Funds Missing Amid Death Probe
An auditor said Robert Maxwell siphoned about 1.2 billion from his companies before his death, surpassing prior estimates. About 540 million covered losses and loan collateral for Maxwell’s private firms, with 657 million unaccounted. Court froze Kevin Maxwell’s assets and passports pending information.
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London
Robert Maxwell
Maxwell
Daily News of
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Richard Stone
Coopers and Lybrand Deloitte
Maxwell Communication Corp. PLC
Kevin
Ian
Kevin Maxwell
Pan Am, creditors sue Delta for over 2.5 billion
Pan American World Airways and its creditors filed a lawsuit seeking more than 2.5 billion dollars from Delta Air Lines two days after Delta backed out of a rescue deal. The suit, filed in U.S. Bankruptcy Court in New York, accuses Delta of bad faith and breach of promises during negotiations to buy Pan Am. Delta had previously bought Pan Am routes and subsidized operations before deciding not to fund further.
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Pan American World Airways
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Aed Corporation
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Ale Aia AV
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Fenior de
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Jerry Wray
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the ' Inga
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