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Howard Schwartzberg

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BUSINESS
April 14, 1987 | PAUL RICHTER, Times Staff Writer
Howard Schwartzberg has spent most of his 16 years as a federal bankruptcy judge in quiet White Plains, N.Y., overseeing the reorganization of small firms and arranging matters, he says, "so nice suburban couples could hang on to their homes." But Schwartzberg knew he was in for a change of pace Sunday morning when four attorneys for Texaco showed up beside the backyard deck of his Larchmont, N.Y., residence, where he was reading the newspaper.
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BUSINESS
April 14, 1987 | PAUL RICHTER, Times Staff Writer
Howard Schwartzberg has spent most of his 16 years as a federal bankruptcy judge in quiet White Plains, N.Y., overseeing the reorganization of small firms and arranging matters, he says, "so nice suburban couples could hang on to their homes." But Schwartzberg knew he was in for a change of pace Sunday morning when four attorneys for Texaco showed up beside the backyard deck of his Larchmont, N.Y., residence, where he was reading the newspaper.
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BUSINESS
April 24, 1987
U.S. Bankruptcy Judge Howard Schwartzberg signed an order in White Plains, N.Y., authorizing the two companies to pursue their historic $10.3-billion battle in Texas courts over the disputed purchase of Getty Oil Co. When Texaco filed for protection under Chapter 11 of the U.S. Bankruptcy Code on April 12, saying it was unable to reach agreement with Pennzoil, all litigation was immediately put on hold.
BUSINESS
July 16, 1987
Bankruptcy attorneys for the two oil companies met in closed session in White Plains, N.Y., concerning objections that Texaco has to language in a motion that Pennzoil is expected to make Friday, according to Bankruptcy Judge Howard Schwartzberg. The motion is to oppose Texaco's request for an extension in the time that it has to propose a plan of reorganization. In heavy trading on the New York Stock Exchange, meanwhile, Texaco shares closed at a 52-week high of $47.25, up $3.50.
NEWS
January 22, 1988 | United Press International
A federal bankruptcy judge today refused to allow Carl Icahn, Texaco Inc.'s largest shareholder, to submit his alternative bankruptcy reorganization plan to the oil giant's shareholders. Icahn, the chairman of Trans World Airlines, had proposed a plan that would have stripped the nation's third-largest oil company of its takeover defenses. Judge Howard Schwartzberg barred Icahn from filing his own plan after hearing testimony at a hearing in federal bankruptcy court Wednesday.
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