Bulls want to keep winning streak going; the club is back in court with the NBA over TV rights and broadcast revenue sharing

Article Abstract:

The Chicago Bulls basketball team and the National Basketball Association made opening arguments on June 4, 1996, before a three-member panel of the 7th Circuit in a dispute over broadcasting rights. The Bulls have won former related cases, and hope to expand an injunction allowing them to broadcast 25 games annually via Chicago TV superstation WGN. The decision will revolve around interpretation of the NBA's franchise agreement, and could affect how games are licensed and broadcast throughout professional sports.

Basketball teams, Television broadcasting of sports, Sports television programs, Chicago Bulls

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Is bankruptcy the fuel to re-power weak utilities? Reorganization may be the answer for debt-burdened utilities that hope to compete in a deregulated market

Article Abstract:

Some debt-burdened public utilities have tried corporate reorganization as a way to compete after deregulation. The Federal Energy Regulatory Commission has considered a 'stranded investment' rule to compensate utilities for capital investments before they face post-deregulation competition. The Energy Policy Act of 1994 calls for phased-in access to infrastructure crossing state lines. Deregulation and efforts to protect utilities from deregulation are going on at the state level as well.

Telecommunications, Telephone Communication, Analysis, Management, Telecommunications industry, Public utilities, Corporate reorganizations

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Jurors: dad must pay $66 million; plaintiff daughters sought $52M for mom's death

Article Abstract:

The daughters of Stephanie Lyng have been awarded $66.4 mil for their mother's wrongful death 20 nearly 20 years ago. The father, Edward Lyng, was convicted of her murder two years ago although no body has ever been found. Lyng bragged of the crime to his mistress and her testimony led to his conviction. Lyng was trying to keep his multimillion-dollar company in an acrimonious divorce.

Illinois, Wrongful death, Divorce settlements, Lyng, Edward

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