Global Crossing Hearing Is Delayed Over Bids

A Global Crossing Ltd. bankruptcy hearing was postponed until March 19 as creditors and lenders haggle over the procedures for accepting and reviewing buyout bids for the ailing telecommunications company. The rules were slated for discussion at a Bankruptcy Court hearing. In addition, attorneys for the creditors, shareholders and banks said they still have questions about the bid from two Asian firms that offered to buy 80% of Global Crossing for $750 million.