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Bankruptcy

Jul. 29, 2003

WorldCom Settlement May Set Bankruptcy Precedent

By Toni Vranjes WorldCom Inc. filed the largest bankruptcy case in the nation's history in July 2002. A year later, the case is far from forgotten.

By Toni Vranjes
        WorldCom Inc. filed the largest bankruptcy case in the nation's history in July 2002. A year later, the case is far from forgotten.
        Earlier this month, the debtor reached a settlement with regulators that could set a precedent in bankruptcy law. Under the agreement, shareholders would get their claims paid ahead of ce...

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