Roanoke Times Copyright (c) 1995, Landmark Communications, Inc. DATE: SUNDAY, April 30, 1995 TAG: 9505010070 SECTION: VIRGINIA PAGE: C3 EDITION: NEW RIVER VALLEY SOURCE: DATELINE: RICHMOND LENGTH: Short
Georgene M. Vairo announced the payment plans Thursday during a hearing before U.S. District Judge Robert R. Merhige Jr. and Senior U.S. Bankruptcy Judge Blackwell N. Shelly.
The trust started in December 1989 with $2.3 billion and had paid $1.35 billion to resolve 170,537 claims as of last Friday. The trust, swelled by investment income, still has $1.4 billion and only 19,000 claims to resolve.
- Associated Press
by CNB