April 16, 2003 

AMR's fate hinges on union revote
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AMR Corp/Debt Payments: Has Another Payment Due Wed
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Flight Attendants Reject American Airlines Concessions - New Deadline Keeps Bankruptcy At Bay
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American Air bankruptcy looms as attendants reject plan
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DFW Airport's bond offering awaits American Airlines decision
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Nav Canada may run afoul of Air Canada restructuring
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United to trim May flights 12%
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Move would let top execs bail out
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Delta in Line for Biggest Government Aid Check
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Northwest tries to sell cutbacks to machinists
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A confounding crossroads for United
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Air Canada talks with unions fail
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The factors which brought the world's biggest airline to the brink of bankruptcy:
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Energy:

PG&E plan gains consumer support
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NorthWestern exec says firm has cash to avoid bankruptcy
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Steel:

Bethlehem Steel Corp. rejects last-minute offers
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Steel not excited by new offers
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Steel workers threaten strike if AK buys National
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Chicago Auction to Determine Fate of National Steel's Assets
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Divine Gets Court Approval For Employee Retention Plan
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Palmer Johnson gives notice it may close
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Bankruptcy judge extends HomeGold's $10 million insurance policy against claims of mismanagement
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Philip Morris:

Philip Morris makes tobacco settlement payments
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U.S. Sues to Block SGL Carbon Acquisition
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Action on Kmart plan stalls
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Law Firms:

Jones Day restructuring team boosted after loss
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Clifford Chance economizes with cut backs on partner promotions
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Globalists' Mighty Wedge
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Corporate first to face cuts at Clifford Chance
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Firm Raises Associate Salaries
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Brits lose out in US partner promotions
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Linklaters abandons US merger
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Citigroup's co-general counsel joins Bank One
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Covington laterals pay off as profits and turnover mount
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Four jump ship at Arent Fox
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Greedy Associates Can Talk Dirty About F*cking Law Firms Again
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Enron:

SembCorp picks up Enron's U.K. unit
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J.P. Morgan Confirms SEC Scrutiny
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Enron Whistleblower Amazed at Corporate 'Disconnect
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Enron's Art Collection Goes to Auction
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Conseco:

Conseco reports greater-than-expected loss for 2002
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Exit deals for Lubbers, lawyer OK'd
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Accounting:

SEC names audit panel head
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Union Acceptance Gets Court OK For Servicing Business Sale
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Creditors file involuntary against sporting goods store
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Sale of Augusta tissue mill approved in bankruptcy court
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New Bankruptcy Opinions
(3 new opinions today)

Bankruptcy Jobs 871 Jobs - Last Updated February 3, 2003
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Bankruptcy Court Web/Pacer Site Directory

Weird News
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Bankruptcy Reform:

Banks push for turnaround work
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New bankruptcy bill, and other legislation
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Former Polaroid: Exclusivity Extended For 120 Days
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Spiegel Creditor Panel Seeks OK To Set Up 'Screening Wall'
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Telecoms:

Leap Wireless Unit Has Interim OK To Use Cash Collateral
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Miss. WorldCom investors unbowed
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MCI creditors blast WorldCom plan
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Pacific Crossing Seeks Extension Of Cash Collateral Use
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Struggling Phone Carriers Revive Cash-to-Switch Offers
(WSJ: separate paid subscription required)

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New CEO Is Named At Warnaco
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HealthSouth:

HealthSouth Chief Calls Owens 'Distraught'
(WSJ: separate paid subscription required)

HealthSouth Employees, Patients Unshaken by Scandal
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England:

Barclays' search for legal chief in crisis
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Thailand:

A huge Thai bankruptcy case has failed to herald a new start for foreign creditors
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Germany:

Bankrupt shop owner faces charges for dumping risqué stock in woods
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Australia:

Criminal probe into 'Australia's Enron'
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HIH management to blame
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