ENTERTAINMENT & MEDIA
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From Times Staff and Wire Reports
Maxwell Firm Lines Up Loans: Maxwell Communication Corp., the biggest publicly held concern in the empire of the late Robert Maxwell, has won a $27-million loan from a group of banks, an administrator of the concern said. The banks are seeking security against MCC’s prime U.S. asset, MacMillan Inc., bankers close to MCC said. Administrator Jonathan Phillips said he hoped to start receiving funds later this week, as some of MCC’s units need capital. Meanwhile, politicians and constitutional experts were looking for ways to challenge the refusal by Maxwell’s sons, Kevin and Ian, to answer questions from a parliamentary committee about money missing from their father’s empire.
