April 9, 2003 

Senators Criticize Enron Advisers' Exec Pay Plan
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Executive Compensation Tools Under Scrutiny
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Enron Examiner Finds No Fraud in Sweep of Cash From Unit
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Court Asks Banks To Develop Dabhol Restart Plan
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Short War Could Cut Bankruptcies
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Philip Morris:

States Eye Tobacco Lawsuit Settlements
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The Great Tobacco Bond Scam
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Attorneys general from across the country join Phillip Morris in hopes of keeping cash flowing
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Easing up on Philip Morris
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Ill. Can't Collect from Philip Morris -Judge
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Judge Grants Philip Morris An Injunction In Illinois Case
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Law Firms:

Akerman Senterfitt forms German practice group
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Pillsbury furthers Silicon Valley expansion with Cooley Godward lateral
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ABA to propose legal practising restrictions
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Clifford Chance Cuts Raises for Associates
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Wave of Defections Hits Firm
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Firms Break Off Merger Talks
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HealthSouth:

HealthSouth creditors dodge a bullet
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3rd ex-HealthSouth CFO to plead guilty
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HealthSouth Case Expands
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Ben's Doghouse
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Observers See Little Value In HealthSouth's Guidelines
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HealthSouth Management: Fraud Stayed in Finance Offices
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HealthSouth to shed limos, jets in bid to save company
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Ross might not bid on Burlington - Largest creditor says he'd yield to 'fair price'
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Kmart plans to reward key employees after bankruptcy
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Telecoms:

WorldCom close to creditor pact
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Judge Lets WorldCom Enter Discount Plans with SBC
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Remember those 'Iridium's going to fail' jokes? Prepare to eat your hat
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Internet Service Provider Stargate Files for Bankruptcy
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American union leaders say workers may reject cuts
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American Shows Cash Woes
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American's Contract Terms Hinge on One Man: B.D. White
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American rejects unions' try to renegotiate concessions
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American Airlines Unions Face Painful Choices
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American Air unions balk
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Unions angle to revisit concessions
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American Reining In Frequent-Flier Plan
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SAirGroup clear to liquidate
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2.6B savings for United
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5 more airlines join Delta in lowering ticket prices
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Feds eye airport rent relief
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Unions tackle Air Canada attempt to avoid contracts
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Air Canada stock soars 24% as short-sellers scramble to buy up shares
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Air Canada cuts bonuses, raises
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Air Canada burning up millions a day
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Air Canada bond owners urged to unite, file US involuntary
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Air Canada must pay $40 million to get loan
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Airlines bought trouble in '90s Surplus money used for stock buybacks, not future needs
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Saving the hub / Pittsburgh and US Airways need to work it out
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White House Wants Airline Aid Limited to War Loss
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US Carriers Find No-Frills Route Hard to Negotiate
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Big Airlines Seek Succor From One-Way Tickets
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The U.S. office-vacancy rate rose to 16.2% in the first quarter
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Steel:

Industry, Unions Urge Congress to Support Steel Tariffs
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Maryland governor signs bill to help Bethlehem Steel retirees
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Accounting:

Non-Profit Organizations Also in Need of Audit Committees
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Provident sued by SIPC trustee over Donahue scam
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Fortel Signs Pact To Sell Substantially All Of Its Assets
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Bankruptcy Court Approves Sale of Cannondale Assets
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Raleigh: Officials Consider Buying Bankrupt Country Club
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New Bankruptcy Opinions
(No 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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Recoton Corporation Announces Chapter 11 Filing
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Asbestos:

GE Can't Attach Excess Insurers in Asbestos Cases
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Asbestos Games - Congress is finally getting serious about solving the asbestos litigation mess
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Equity Firms Prepare Joint Bid for Bankrupt Chicago Internet Company
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Bidder says it would keep Divine intact
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Bankruptcy Reclamation, Questions and Answers
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Lenders See Almost Nothing to Cheer About in Next Six Months, According to Results of Latest Phoenix Lending Survey
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National Century, creditors seek to block former CEO
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National Century Financial Enterprises Considers Offer for Accounts
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Counselor sees bankruptcy as personal failure, source of strength
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Appeals panel upholds Brennan conviction
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Malden Mills' exit from bankruptcy may be delayed
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Judge Says Visa, MasterCard Hid Fees to Consumers
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Conseco Debt Hldrs Seek To File Alternate Reorganization
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Maryland: Lawmakers vote licensing for nonprofit debt counselors
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Funds shortage hurts IRS enforcement
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Indianapolis: Owner closes 2 bankrupt upscale eateries
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Record Chain's Interim CEO Leaves Suddenly
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Toronto employees buy division of software maker Peregrine
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FAO, Inc. Continues Relationship with Morgan Joseph & Co. Inc. For Investment Banking Services
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Cambridge Credit Addresses Consumer and Credit Counseling Industry Concerns
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Canada:

Cotton Ginny deal set to close April 21
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Ex-bank manager is flat broke
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Netherlands:

Twente Facing Bankruptcy
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Korea:

Struggling Jinro snubs Goldman Sachs
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Japan:

BOJ takes step to help smaller firms
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