Navigation Links
Dana Corporation, Inc. Enters Into Settlement Agreement With Dana Retiree Committee
Date:9/4/2007

CHICAGO, Sept. 4 /PRNewswire/ -- Stahl Cowen Crowley LLC, of Chicago, IL, counsel to the Chapter 11 Dana Retiree Committee, is pleased to announce that Dana Corporation, Inc. has entered into a settlement agreement with the Dana Retiree committee over the retiree's rights to benefits. Dana had sought Bankruptcy Court approval to terminate all of its retirees' rights to health benefits. As a result of the settlement Stahl Cowen Crowley negotiated on behalf of Dana's non-union retirees, Dana will (1) pay for retiree benefits for non-union retirees through July 1, 2007; (2) contribute $78 million dollars to fund a trust be used for providing retiree benefits (3) pay for the cost of setting up the trust; and (4) work with the Retiree Committee to explore offering life insurance conversions (with the cost being paid by any retiree seeking conversion) when and if the underlying policies allow for conversions. The Retiree Committee will, through the trust, create new health insurance plans for the retirees to move into, with the trust funds to be used to pay for a portion of the premiums of such plans through the remainder of the retirees' lives.

Stahl Cowen Crowley, led by Jon Cohen and Trent Cornell, was selected to serve as counsel for the Non-Union Retiree Committee of Dana and 40 of its subsidiaries in September 2006. Mr. Cohen and Mr. Cornell previously served as lead counsel to the retiree committees in FV Steel, Inc. (Keystone) and Intermet, Inc. and their debtor affiliates. Stahl Cowen Crowley has extensive experience representing Chapter 11 retiree committees, having represented more Chapter 11 retiree committees than any other firm in the country.

Stahl Cowen Crowley LLC is a Chicago-based law firm focused on serving the needs of business enterprises in today's dynamic marketplace. The firm provides sophisticated, yet cost effective legal counsel to organizations ranging from the entrepreneurial to large, publicly traded corporations and munic
'/>"/>

SOURCE Stahl Cowen Crowley LLC
Copyright©2007 PR Newswire.
All rights reserved

Page: 1 2

Related medicine news :

1. RANBAXY - enters anti-AIDS segment
2. Medicis Pharmaceutical company enters pediatric market
3. ZYDUS enters female health care segment
4. Risk of allergy more to children staying in day care centers
5. Walk-In Health Centers Launched By The NHS For Commuters
6. Primary Care centers to provide out patient treatment
7. Free HIV Tests Brings Crowd to the Testing Centers
8. More Doctors Suspended As Strike Enters Seventh Day
9. Doctors Strike In Andhra Enters The Second Day
10. NACO to Introduce 400 Additional AIDS/HIV Screening Centers
11. Anti-Quota Stir: Stalemate Continues; Fast Enters 10th Day
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/17/2014)... December 17, 2014 While countless companies tempt ... not realize the potential dangers of their purchase. Not only ... from a qualified doctor, but patients who buy hCG online ... that there is actually no real hCG present. Illegal internet ... there are no safety standards and may contain unknown fillers ...
(Date:12/17/2014)... Unidesk Corporation today announced that the ... its inaugural class in August 2013, has successfully ... bring your own device (BYOD) and deliver a ... solution, comprised of Citrix XenDesktop and ... storage infrastructure and Unidesk virtual desktop ...
(Date:12/17/2014)... (PRWEB) December 17, 2014 HeartMath® ... authorities on stress, heart rate variability (HRV), heart ... licensing its extensive HRV databases and algorithms to ... opportunities will enable HeartMath’s partners to offer its ... extensive research, as well as its normative HRV ...
(Date:12/17/2014)... December 17, 2014 In its comprehensive ... and its Argus Claim Review division have recently identified ... most common ways savings are achieved on behalf of ... millions of dollars in savings to Argus each year, ... , As explained by Tom Doney, Cypress president and ...
(Date:12/17/2014)... Now in its second year, the SeniorAdvisor.com ... best in senior living and home care across the ... and agencies that have received outstanding online feedback from ... 100,000 providers currently listed on SeniorAdvisor.com, only 879 were ... of 2015 Awards are located all over the country ...
Breaking Medicine News(10 mins):Health News:Diet Doc Reveals the Real Dangers for Those who Buy hCG Online 2Health News:Diet Doc Reveals the Real Dangers for Those who Buy hCG Online 3Health News:Alabama College of Osteopathic Medicine Deploys Desktop Virtualization Solution from Citrix, Dell and Unidesk 2Health News:Alabama College of Osteopathic Medicine Deploys Desktop Virtualization Solution from Citrix, Dell and Unidesk 3Health News:HeartMath® Inc.’s HRV Platform Solutions Available for Licensing 2Health News:HeartMath® Inc.’s HRV Platform Solutions Available for Licensing 3Health News:Out-of-Network & Medical Necessity Reviews among Top Ways TPA Identifies Significant Medical Claim Savings 2Health News:The Inn at Willow Falls - Crest Hill, IL Wins 2015 Best of Assisted Living Award from SeniorAdvisor.com 2Health News:The Inn at Willow Falls - Crest Hill, IL Wins 2015 Best of Assisted Living Award from SeniorAdvisor.com 3
... -- College students are texting frequently during class time, and ... learn, a new study finds. It included 190 University ... how many text messages they sent and received during a ... On average, students read 2.6 text messages and sent 2.4 ...
... for targeted cancer therapies, but the design challenges are ... develop a simple but specialized nanoparticle that can deliver ... an important feature for effective treatment. They also ... how nanoparticles interact with a cancer cell,s nucleus. ...
... economics behind the high U.S. teen birth rates, and ... rate of Massachusetts youth: high income inequality and low ... College economist Phillip B. Levine and University of Maryland ... to study the role that income inequality plays in ...
... One of the satellite,s first observations following its launch on 1 ... Larsen B ice shelf in Antarctica when 3200 sq km ... of the ice masses triggered by climate warming. ,Now, ... (ASAR), Envisat has mapped an additional loss in Larsen B,s area ...
... April 5, 2012 Elsevier, a world-leading provider ... services, announces the Label-Free Technologies Conference to be ... Organized by Elsevier in association with Horiba ... entirely dedicated to bringing together the latest research ...
... MA New Harvard School of Public Health (HSPH) research ... in detecting early breast cancersmay in fact lead to a ... proved harmless. Based on a study of women in Norway, ... cancer cases are overdiagnosed. The study appears in the ...
Cached Medicine News:Health News:Texting in College Classrooms Common, Distracting 2Health News:Tiny hitchhikers attack cancer cells 2Health News:Tiny hitchhikers attack cancer cells 3Health News:Wellesley study shows income inequality a key factor in high US teen births 2Health News:Satellite observes rapid ice shelf disintegration in Antarctic 2Health News:Routine mammograms may result in significant overdiagnosis of invasive breast cancer 2
(Date:12/17/2014)...  Strategic Health Services, Inc. (SHS), a leading provider ... strategic agreement with QualCare, Inc., a leading provider of health ... regional marketplace.  This agreement will further QualCare,s population health ... QualCare brings to its clients in New ... QualCare plans cover more than 800,000 member lives, ...
(Date:12/17/2014)... , Dec. 17, 2014  Beamz Interactive, Inc. ... music products, today announced that it has signed ... manufacturer and supplier of innovative prosthetic, orthotic and ... part of the agreement, RSL Steeper will promote ... specifically configured for use within UK residential care ...
(Date:12/17/2014)... , Dec. 17, 2014  IGI Laboratories, Inc. ... the closing of its offering of $125 million aggregate ... (the "Notes").  The Notes were offered and sold only ... the Securities Act of 1933, as amended (the "Securities ... fixed rate of 3.75% per year, payable semiannually in ...
Breaking Medicine Technology:Strategic Health Services to collaborate with QualCare on Population Health and Wellness Technology for QualCare Members 2Strategic Health Services to collaborate with QualCare on Population Health and Wellness Technology for QualCare Members 3Beamz Interactive, Inc. Signs UK Distribution Agreement with RSL Steeper Limited 2Beamz Interactive, Inc. Signs UK Distribution Agreement with RSL Steeper Limited 3IGI Laboratories Announces Closing of $125 Million of 3.75% Convertible Senior Notes Due 2019 2IGI Laboratories Announces Closing of $125 Million of 3.75% Convertible Senior Notes Due 2019 3IGI Laboratories Announces Closing of $125 Million of 3.75% Convertible Senior Notes Due 2019 4
... The Long Term Care Pharmacy Alliance (LTCPA) is ... Medicare and Medicaid Services (CMS) regarding potential changes to ... the Conditions of Participation for Long Term Care Facilities ... companies and individual pharmacists have expressed sincere concern with ...
... LORENZ customers and business partners have successfully completed the first ... (EC) 726/2004 and its impact on the industry. This marked ... – XEVPRM. One of the hot topics in ... of Article 57(2) of Regulation (EC) 726/2004. Since the EU ...
Cached Medicine Technology:Proposed CMS Changes Related to Consultant Pharmacists Raise Profound Concerns for Pharmacies 2LORENZ' Response to New EU PV Legislation - Regulation No. 1235/2010 and EVMPD 2
Attachments: Clip bar for tubes 10 to 19 mm in diameter Overall Dimension Height IC: 6 (15.2) Overall Dimension Length IC: 18.5 (46.9) Overall Dimension Width IC: 4 (10.2)...
... The Vibratome Roto-Shake Genie is an ... It performs five different mixing ... and rotating/rolling, as well as a ... The precision-engineered moving portion of the ...
... Genie is an all-in-one rotator/rocker with ... five different mixing motions: rotating, ... well as a combination of all ... portion of the Vibraotme Roto-Shake Genie ...
The model 55D Rocking Shaker provides the same Reliable quality as the 55S, but double the value. The 55D gives you an additional platform with a height of 3.25 in....
Medicine Products: