QUES: The Finnish government and major creditors of bankrupt shipyard Waertsilae Marine Industries Oy agreed in principle to form a new company to complete most of the troubled shipyard's backlog of 15 ships. The new company will attempt to limit the shipyard's losses, participants said. "The situation is that the bankruptcy court will get out of the shipbuilding business. Everything will be taken over by the new company," said Christian Andersson, executive vice president of Oy Waertsilae, former parent of Waertsilae Marine. Once its ownership is finalized, the new company will open talks with state-appointed receivers to buy or lease Waertsilae Marine's shipyard facilities. Subcontractors will be offered a settlement and a swift transition to new management is expected to avert an exodus of skilled workers from Waertsilae Marine's two big shipyards, government officials said. Under an accord signed yesterday, the government and Union Bank of Finland would become major shareholders in the new company, each injecting 100 million Finnish markkaa ($23.5 million). Oy Waertsilae is to contribute 200 million markkaa, most of it as subordinated debt, and take a minority stake in the new company. Customers holding contracts for Waertsilae Marine's undelivered ships are expected to subscribe most of the remaining 170 million markkaa in share capital, government officials said. Waertsilae Marine's biggest creditor is Miami-based Carnival Cruise Lines Inc. Carnival, which has three ships on order from Waertsilae Marine, presented claims for $1.5 billion damages in the bankruptcy court this week. Waertsilae Marine's bankruptcy proceedings began Tuesday in a Helsinki court.
Do you have any questions?
MY QUESTION: After ownership is finalized, what will be the offer to the Subcontractors?

QUES: Though prehistoric remains from the Paleolithic, Neolithic, and Bronze Ages have been unearthed in the Manzanares Valley, prior to Madrid's sudden elevation to capital city in 1561 its history was rather undistinguished. Over a period of many centuries crucial in Spanish history, Madrid's significance was negligible. The Romans built their most advanced outpost on the Iberian peninsula, but left nothing of consequence in Madrid. Armies of North African nomads, intent on disseminating Islam, invaded the peninsula in a.d. Within 10 years, they had overrun most of Spain. If Madrid played any role in these pivotal events, no record of it remains. The first solid references to this obscure settlement on the Castilian plateau, guarded by the looming Guadarrama mountain range, appear in the 9th century. The Arabic name for "place of many springs," variously recorded as Magerit, Mayrit or Magrit, eventually evolved into Madrid. The hamlet entered historical chronicles for its military significance; it was located near the main line of resistance to the Christian reconquest. Over centuries of struggle, the defending Moorish army built a full-scale fort, or Alcazar, on the heights of Madrid commanding the Manzanares valley. After several unsuccessful skirmishes, the Christian forces of Alfonso VI captured Madrid in 1083. The Alcazar became a fort of the crown of Castile. During a counter-offensive in 1109, the town was overrun by the Moors, but the Christianized fortress held. The Moors were expelled from the town, but they remained in control of southern Spain for almost four centuries. Meanwhile, Madrid enjoyed brief prominence in 1308 when king Ferdinand IV and his Cortes, an early version of parliament, held a formal meeting in the fledgling town. From then on, the kings of Spain began to visit Madrid, where the air was invigorating and the hunting excellent. Ferdinand and Isabella, the Catholic monarchs that united all the provinces of Spain, first visited Madrid in 1477.
Do you have any questions?
MY QUESTION: Why did kings of Spain visit Madrid?

QUES: It's just this hard when I try to answer the question: Why do older Oklahomans need lawyers? The answers are important enough that they will be a discussion topic of this year's Senior Day at 9 a.m. March 25 in the House Chamber at the Capitol. The following is a preview of some of the answers for review: We can all agree that older Oklahomans need medical care. But even the best care is worthless if an older patient can't drive to the doctor for ongoing treatment because his or her car has been wrongfully seized in a debt dispute. Therefore, lawyers are part of the prescription for regular medical care for many of the 600,000 Oklahomans age 60 and older. Another example: if a doctor treats an elderly patient for a lung ailment, the doctor's treatment will be undone and he will see the patient again and again, if the patient is sent home to an unheated apartment. Lawyers know how to make landlords heat apartments so the medical treatment can stick. (By the way, a May 16, 2001, article in The New York Times reports on a program at Boston Medical Center providing a walk-in legal clinic in the hospital to help fight their patients' legal and administrative battles.) We also can agree that older Oklahomans - like all citizens - have rights to control their health care until they become incapacitated or these rights are transferred to another by legal document or process. "Old" is not a legal classification that results in automatic loss of these rights. Moreover, having an old parent does not automatically confer on children the right to make the parents' health care choices. It follows that an important role lawyers provide for aging Oklahomans is not only to create rights - transferring documents such as durable powers of attorney and guardianship orders, but also to monitor their use. In family situations, for example, lawyers must ensure that powers of attorney and guardianships are used to serve only the person transferring or losing rights. They are not to be used to help a family "manage" their mother or help a doctor or nursing home get permission for a pill or procedure they feel is in the best interest of a patient. Good news: Oklahoma now has a Public Guardianship Program, albeit unfunded, that will supply lawyers to perform this rights-monitoring process Oklahoma grandparents should be able to enjoy their grandchildren, not raise them. But owing to the social problems of divorce and drug use, grandparents are increasingly being called on to raise their grandchildren because of missing parents. Adding to the physical, emotional and financial burden they take on, grandparents face legal problems. All the decisions parents made without a second thought now require evidence of legal authority when made by grandparents.
Do you have any questions?
MY QUESTION:
How are power of attorneys and guardianships supposed to be used?