August 28, 2003 

Judge Interprets Bankruptcy Statute One Case at a Time
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Conseco not alone on exec perks
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Former CFS co-founder Bill Bartmann Files For Bankruptcy
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Law Firms:

Peril and Possibility
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Thomas W. Tinkham to Head Dorseys Minneapolis Office
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Firm slashes associate pay benchmark by 10%
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Judges back ABA disclosure campaign
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Leading state bars rail against ABA whistle-blowing reforms
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Chicago firms in merger bid
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East coast pair in merger bid
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European In-housers set for key privilege rights
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Moving the firm
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Shook Hardy London office in post-merger partner exodus
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From an IT standpoint, how are law firms faring with the obstacles of mergers, upgrades, roll-outs and office moves?
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Leading UK firms still wary of debt despite market pressures
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Airlines:

Delta CEO Mullin navigates a complex, turbulent course
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Retail CEOs upbeat on recent, future sales
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Penthouse Says SEC Inquiry Turns Formal
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Mestek's Met-Coil Gets DIP Financing
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Everybody is kung fu fighting - even Tyson
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HomeGold likely to sue former chief
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Borders, FAO team up for sales
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Accounting:

KPMG is appointed as Trenwick's liquidator
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Companies will have to begin classifying certain preferred securities as liabilities under a recent, little-publicized FASB action
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Alabama Auditor Wins with Computer Virus Defense
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Small Increase in Accounting Hires Predicted For 4th Quarter
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Trend Technologies Seeks More Time To File Ch 11 Plan
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Twinlab Has 'Several' Possible Buyers
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Crew Of Distressed Norwegian Cement Hauler Stranded In Panama
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Pillowtex:

Charlotte Embraces Pillowtex Workers
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Pillowtex executive bonuses anger ex-workers
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IMCO unit's buy of Horsehead hits impasse
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Coal Company Files Bankruptcy
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Oklahoma charges WorldCom
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Oklahoma AG indicts Ebbers
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MCI/Okla Response: Filing Will Hurt Customers
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Edmondson first to charge WorldCom bosses
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Oklahoma hits WorldCom, former executives with fraud charges
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Okla. Case Stuns MCI, Regulators
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Feds Not Keen on Okla. Worldcom Case
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Yates' Lawyer: Oklahoma WorldCom Charges 'Inappropriate'
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Okla.'s Two Largest Pension Funds Detail WorldCom Losses
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Okla. AG Says Fedl Authorities Didn't Punish WorldCom
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MCI legal troubles mount; bankruptcy complicated
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CTC Commun Gets 60-Day Extension For Turnaround Plan
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Touch America Files Bonus Proposal in Bankruptcy Court
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NextWave Wins Court OK Of Bid Rules For Sep 23 Auction
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Genuity's shut-down plan jilts stockholders
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Financial world awaits Kmart quarterly results
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Asbestos:

Bankrupt Armstrong Holdings Sets Dissolution Vote
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Armstrong World Industries Requests Bankruptcy Extension
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CVC could roil Federal-Mogul plan
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Judge orders W.R. Grace to pay for Montana asbestos cleanup
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Philip Morris pays up
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Top-Flite:

Adidas-Salomon Offers $135m Cash For Top-flite
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Montgomerie, 6 Other Pro Golfers Protest Top-Flite Sale
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Warnaco Stakeholder Wants To Shake The Place Up
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Enron Appeals Vs Order Confirming NewPower Ch 11 Plan
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Raleigh, N.C.-Area Investment Group's Financial Records Subject of Court Case
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Court Tells Alterra To Detail Deal Behind Ch 11 Plan
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Palmer Johnson to receive deadline for sale?
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Revlon Running Near Empty
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Wherehouse Entertainment Files Ch 11 Reorganization Plan
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Letter from Delaware - Team Tyson," Mirant in Fort Worth, Securities Investor Protection and more.
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Credit Lyonnais Said Named in Executive Life Fraud Case
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Ex-HealthSouth execs enter pleas
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New Bankruptcy Opinions
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Bankruptcy Court Web/Pacer Site Directory

Weird News
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Energy:

Judge Says Mirant Can Pay Added GE Expenses In DIP Talks
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Officials of Utility Firm Schedule New Shareholder Meeting to Vote on Proposal
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Court Gives Horizon Natural More Time To File Ch 11 Plan
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NRG Energy Seeks Court OK For Employee Retention Bonuses
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Essential Therapeutics Wants More Time For Ch 11 Plan
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GenTek Receives Court Approval of Disclosure Statement and Solicitation of Plan Votes; Confirmation Hearing Set for Oct. 7
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Corporate Reform:

Another Company Bows Before Shareholders
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England:

'Accident' staff go to tribunal
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AES Drax Is Still in Talks With Goldman on Debt Restructuring
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Things are looking up as City property market hits bedrock
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Hammonds loses Midlands insolvency specialist
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Insolvency chief quits Morgan Cole for Collyer-Bristow
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Canada:

CFL scouts credit loan
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KnightHawk Inc. announces forbearance agreement with Secured Lender
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Indonesia:

Creditors Face $180 Mln Loss After Indonesia Court's Ruling - "Illegal loan documents" - Other similar loans in jeopardy?
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Japan:

Mitsui unit to become part of IRCJ
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10 Firms Weigh Bailing Out Japan's Crosswave Communications
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India:

Bankruptcies choke gem industry
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Taiwan:

'Small debt settlement system' would modify bankruptcy rules
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Thailand:

TPI boss calls for emergency decree to amend bankruptcy law Current code favors creditors
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Argentina:

Argentine Congress Approves Central Bank Law; No Vote on Banks
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Argentine Bank Group Won't Foreclose Loans For 1 More Month
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