April 17, 2003 

Letter from Delaware - Judge Walsh sounds off, Gleacher grows abroad and Wilmington gets dissed
(DBN Subscription Required)

Enron:

Enron and the Raptors
(DBN Subscription Required)

Citigroup close to deal with SEC over Enron
(DBN Subscription Required)

___________________

Telecoms:

WorldCom ex-chief 'lied for loans'
(DBN Subscription Required)

New York Senator Says SEC Chief Plans to Let WorldCom off Easy
(DBN Subscription Required)

M&A work at WorldCom cooled in February
(DBN Subscription Required)

WorldCom, Wachovia Request Court Approval For Settlement
(DBN Subscription Required)

Asia Global Crossing unsecured creditors committee has changed
(DBN Subscription Required)

Cerberus denies Global Crossing bid
(DBN Subscription Required)

More charges against former WorldCom chief financial officer in accounting scandal
(DBN Subscription Required)

Tellabs Inc. to Cut an Additional 665 Jobs
(DBN Subscription Required)

____________________

Fleming gets $150M DIP
(DBN Subscription Required)

Allou OKd to Use $1M for Payroll
(DBN Subscription Required)

Sheffield Pharma seeking funds, bankruptcy possible
(DBN Subscription Required)

SonicBlue:

D&M buys Sonicblue assets for $36M
(DBN Subscription Required)

Japanese firm buys Sonicblue units
(DBN Subscription Required)

_____________________

Former Peregrine Systems CFO pleads guilty to conspiracy, securities fraud
(DBN Subscription Required)

Worldwide Medical creditors persist
(DBN Subscription Required)

Troutman's:

Bankrupt Eugene, Ore., Store Contests Severance Pay
(DBN Subscription Required)

Retailer Sets Auction to Sell Off Assets
(DBN Subscription Required)

_________________

Former CEO of Bankrupt Fertilizer Discusses Environmental Disaster
(DBN Subscription Required)

Maine Judge Approves Property Transfer, Sale for Bankrupt Bangor Mill
(DBN Subscription Required)

Energy:

Energy companies refinance at a cost
(DBN Subscription Required)

CEO of PG&E comes under fire at annual meeting
(DBN Subscription Required)

Judge OKs NewPower Shareholders' Suit
(DBN Subscription Required)

______________________

Will Hoover indicted by grand jury
(DBN Subscription Required)

Steel:

CEO says Bethlehem Steel-ISG closing planned April 30
(DBN Subscription Required)

National Steel auction gets under way
(DBN Subscription Required)

_______________________

HealthCare Integrated to seek sale confirmation
(DBN Subscription Required)

Amer Comml Lines Seeks Crt OK For Staff Retention Plan
(WSJ: separate paid subscription required)

Conseco:

Conseco execs' pay rose in '02
(DBN Subscription Required)

Insurer sued by ex-official
(DBN Subscription Required)

____________________

American dodges Ch. 11 filing
(DBN Subscription Required)

AMR Created Special Pension Trust for Top Executives
(DBN Subscription Required)

Attendants' ire mounts with American deal
(DBN Subscription Required)

How AMR Landed at Bankruptcy's Door
(DBN Subscription Required)

Concessions don't mean American is in the clear
(DBN Subscription Required)

American Airlines attendants take pay cut to save company
(DBN Subscription Required)

The white-knuckle desperation and last-minute deals of Tuesday reflect the state of a sector in shambles
(DBN Subscription Required)

AMR Corp. Stock Has Seesaw Session; Shares Trade at Six Times the Usual Volume
(DBN Subscription Required)

American Airlines bankruptcy called off
(DBN Subscription Required)

It is time to allow failing American airlines to go under
(DBN Subscription Required)

Airline Group: Air Traffic Declines Slow; Aid On Its Way
(DBN Subscription Required)

Shifts at Big Airlines Promise To Change Industry's Course
(WSJ: separate paid subscription required)

Northwest's Loss More Than Doubles
(DBN Subscription Required)

How to Reward Workers--and Keep Airlines Aloft
(Business Week: separate paid subscription required)

Motion: Little hope for Midway
(DBN Subscription Required)

Bankruptcy administrator wants Midway liquidated
(DBN Subscription Required)

Workers fight Air Canada labor changes
(DBN Subscription Required)

I'm bailing out, Aeroplan and all
(DBN Subscription Required)

Carrier taken to court
(DBN Subscription Required)

Hawaiian Air short on cash
(DBN Subscription Required)

Judge considers replacing Adams as Hawaiian Airlines CEO
(DBN Subscription Required)

United to Cut May Flight Schedule Even More
(DBN Subscription Required)

_________________

Asbestos:

Bankrupt Federal-Mogul bogged down in U.K.
(DBN Subscription Required)

____________________

FAO:

FAO Seeking Grand Finale
(DBN Subscription Required)

FAO wants to amend bankruptcy plan to save exit loan, equity sale
(DBN Subscription Required)

For FAO, It’s Not a Fun Time
(DBN Subscription Required)

__________________

Accounting:

Safety-Kleen Bondholders Sue Auditor
(DBN Subscription Required)

New board takes over auditing rulemaking
(DBN Subscription Required)

Decision Not To Split Could Hinder Deloitte
(DBN Subscription Required)

Federal judge tosses proposed settlement in suit targeting H&R Block loan program
(DBN Subscription Required)

The Auditors' Auditor
(DBN Subscription Required)

Accounting Firms Still Earn More From Consulting Fees
(DBN Subscription Required)

____________________

Hockey:

Senators seek more money for playoff run; team's sale getting more uncertain
(DBN Subscription Required)

______________________

Montana Bar Closes for First Time in 113 Years Because of Bankruptcy - "This isn't a young man's joint and the old-timers are passing away."
(DBN Subscription Required)

AutoNation reveals plan to reduce ANC exposure
(DBN Subscription Required)

New Bankruptcy Opinions
(No new opinions today)

Bankruptcy Jobs 871 Jobs - Last Updated February 3, 2003
(DBN Subscription Required)

Bankruptcy Court Web/Pacer Site Directory

Weird News
(DBN Subscription Required)

Law Firms:

Klett Rooney Raises Starting Salary
(DBN Subscription Required)

Jones Day hits Gouldens staff with US-style billing
(DBN Subscription Required)

Texas leaders paint mixed profits picture
(DBN Subscription Required)

Jones Day loses second key bankruptcy player
(DBN Subscription Required)

Firm Requires Rainmakers To Share Clients Internally
(DBN Subscription Required)

Market gives thumbs up to Clifford Chance’s salary band rate cuts
(DBN Subscription Required)

US firms rise above slump in deal activity
(DBN Subscription Required)

TXU teams to use ‘common sense’ with insolvency conflicts
(DBN Subscription Required)

Moquet Borde enters talks with Dorsey & Whitney
(DBN Subscription Required)

Perot Systems inks outsourcing deal with Akin Gump
(DBN Subscription Required)

Cost of Settling Securities Fraud Suits Rises
(DBN Subscription Required)

Clifford Chance guarantees ‘headcount review’ is limited to London
(DBN Subscription Required)

Barclays draws up shortlist of four
(DBN Subscription Required)

Lawyer-Legislator Sued for Not Warning Clients of Upcoming Legislation
(DBN Subscription Required)

Firm Closes Its NY Satellite
(DBN Subscription Required)

Bloody foreigners
(DBN Subscription Required)

With marketing, it is quality not quantity that counts
(DBN Subscription Required)

___________________

Playing 'Lets Make a Deal' With the IRS Takes Mettle
(WSJ: separate paid subscription required)

Acterna Misses Interest Payment on Debt
(DBN Subscription Required)

England:

The Equitable: Caught in a vise
(DBN Subscription Required)

____________________

Czech Republic:

Union Banka bankruptcy judge arrested
(DBN Subscription Required)

_________________

Malaysia:

Cabinet Nod For Proposed Amendments To Bankruptcy Act 1967
(DBN Subscription Required)

____________________

Australia:

Australia seeks criminal probe in collapse of insurer HIH
(DBN Subscription Required)

Accountants split over HIH report
(DBN Subscription Required)

Reinsurers and supervisors under fire from HIH report
(DBN Subscription Required)

____________________

Japan:

Loan sharks defraud 'debtors'
(DBN Subscription Required)

___________________

India:

Forget Enron And Focus On Transparency: US Congressman
(DBN Subscription Required)

_______________________

Canada:

Bank tries to stop Lysyk bankruptcy
(DBN Subscription Required)

______________________

Please note that the Daily Bankruptcy News is primarily a news link gathering service.   This means that most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not the Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. 

The DBN subscription fee for access to certain links is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use.

If you received the Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here, or by going to BKINFORMATION.COM and clicking on the Bankruptcy News button.  Note that the Daily Bankruptcy News is distributed via "HTML email" in which the links to the news stories are embedded in the headlines.  The email you receive should look like a 3-column newspaper, with headlines for each story. If you receive the Daily Bankruptcy News by email and the copy you receive is not formatted like a 3-column newspaper, or does not seem to contain links to the news stories, you may have an email client that is not capable of receiving HTML email, or is not configured to display such email.  You can however, receive a daily email notifying you when the Daily Bankruptcy News is updated on the web site. If you would like to receive such an email, please let us know at admin@bkinformation.com.

Advertising
Advertising is available in the Daily Bankruptcy News in a variety of places, formats and prices. Go to http://bkinformation.com/DBN_ADs.htm  for a list of choices.  Feel free to contact us with any questions.

Passwords
Access to certain links in the Daily Bankruptcy News is available only to readers holding a paid subscription.  These links are currently marked with a "DBN Subscription Required" notation. The cost of a subscription is $45/year, payable annually.  Volume discounts are available for sites with multiple users.  Complimentary subscriptions are available for full-time  educational and governmental employees. For information about discounts or educational/governmental subscriptions, contact us at admin@bkinformation.com. A separate password is required for each member of a firm wishing access to restricted links. New readers can receive a free password good for 30 days by going to http://bkinformation.com/RegistrationForm.cfm. Readers who wish to change their passwords should go to http://bkinformation.com/ChangePasswordForm.cfm. Readers who have forgotten their password should go to http://bkinformation.com/GetPassword.cfm. 

Adding Your Email Address To The Distribution List
If you would like to start receiving the Daily Bankruptcy News by email each day, go to http://bkinformation.com/SubscribeDBNForm.cfm  and fill in the information requested.  There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us at admin@bkinformation.com for help.  

Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C.  You can reach us at 281-242-6208 or at admin@bkinformation.com