UPI’s management signed a peace accord.

The chairman and the owners of United Press International signed a consent order in federal bankruptcy court pledging to cooperate in selling the company. The 14-page court order, which was approved by Bankruptcy Judge George Bason, appeared to formally resolve a lengthy public dispute between UPI Chairman Luis Nogales and owners Douglas Ruhe and William Geissler over who had authority to run UPI. Ruhe and Geissler contended that, once UPI had filed for protection from creditors under federal bankruptcy laws last month, Nogales forfeited his authority to manage or sell the company.