Path: bloom-picayune.mit.edu!snorkelwacker.mit.edu!americast.com!americast.com!americast-post Newsgroups: americast.wpost From: americast-post@AmeriCast.Com Organization: American Cybercasting Approved: americast-post@AmeriCast.com Subject: No subject Date: Mon, 23 Nov 92 09:54:16 EST Message-ID: <24.1992Nov23.095416@AmeriCast.com> The following firms and individuals recently filed with the U.S. Bankruptcy Court's local clerk of court offices. Under Chapter 11 of the federal bankruptcy code, a company is protected from claims by creditors while it attempts to reorgan- ize its finances under a plan approved by the court. In a Chapter 7 liquidation, a court trustee sells assets to pay credi- tors' claims. The company then ceases operations. Maryland District09:05 11-23C9999----- Copyright 1992, The Washington Post. This story is from the Washington Post's Capitol Edition On-Line and is not to be ar- chived or redistributed. For more information, send-email to American Cybercasting Cor- poration (usa@AmeriCast.COM)