August 8, 2003 

"Anti-solicitation" poaching battle with White & Case finally starts
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Lawyers Find Meditation Relieves Stress, Improves Lawyering
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Top Firm Faces Bankruptcy Sanctions
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Top NY Firm Gets Leaner, And Some Say Meaner
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Lovells hires pair for New York arm
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Weil Gotshal drops baton in recruitment race
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Allou:

Judge Agrees To A Trustee For Jacobses' Assets
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Is it OK to delight in Mike Tyson's misfortune
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Lockheed dumps stake in Loral Space
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Buffett Battles His Reputation in Search of More Acquisitions
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Enron:

Appeals court puts hold on Brenham suit
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'24 Days': Behind Enron's Demise
(WSJ: separate paid subscription required)

Justice needs more help with Lay than Stewart
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Steel:

Bankruptcy Judge OKs Weirton Bonuses
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Kentucky Electric Steel Makes Asset Sale Announcement
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Asbestos:

Congoleum Bondholders Approve Indenture Amendments
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Investors closer to recovering losses from penny stock king
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Brennan's Financial Empire Set for Dispersal
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Recent Going-Concern Statements
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Mortgages Hit Yearly High
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Accounting:

An accounting analyst said Tyco overstated its quarterly "free cash flow."
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New accounting rules to focus on professional misconduct
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Accounting Hall of Fame Announces 2003 Inductees
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R2 blocked from filing rival Magellan plan
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Kaiser Aluminum Seeks Court OK For Amended DIP Loan
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Trenwick Group Ltd. Announces Agreement In Principal on Long-Term Restructuring of its Debt Obligations and Sale of its Lloyd's Operations
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Court gives nod to Headway Corporate
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Deloitte & Touche Launches Study/Database That Tracks Admissibility of Financial Expert Testimony Since 1993 'Daubert Decision'
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Astrocom Corporation Files Voluntary Petition Under Chapter 11 of the United States Bankruptcy Code
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Airline will rise again
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Air Canada flew at a loss: Watchdog
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Air Canada loss $566 million
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Airline seeking huge cash injection
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Airline urged to postpone layoffs
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Appeal by Air Canada supplier dismissed
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Air Canada Aims to Exit Bankruptcy by Year-End
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Second Union Files Lawsuit Vs Northwest Air On Buyback
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Delta's Bankruptcy-Proof Retention Program Can't Stop Executive Departures
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Gotbaum wants lawyers for Hawaiian executives
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Peregrine:

Emerging from bankruptcy, a new chapter for Peregrine Systems
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Peregrine Systems Comments on the Availability of Post-Emergence Financial Data
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Kilroy Realty Corporation Receives $18 Million Payment From Peregrine Systems
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Kasper Deal Is Relief For Jones; Idol Leaving
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Jones wins Kasper auction
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Amerco:

Amerco, Bankrupt U-Haul Parent, Triples Debt Estimate
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Nasdaq Establishes Conditions for Continued Listing of AMERCO's Common Stock
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Companies relying on fewer workers to do more
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Obstacles for Investors in Corporations with Loss Carryovers
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Upbeat reports on productivity, unemployment and sales of wholesale goods provided more signs of a possibly improving economy
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Energy:

Oregon House OKs Bill To Block Portland General Takeover
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Bankruptcy Crt Allows NRG To Reject Edison Power Contract
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LBO firms circle El Paso assets
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Bankrupt Bangor, Maine, Apparel Maker's Sale Plan Faces Opposition
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3 insurers quietly end a SIPC brokerage policy
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Denver: Hoover Bankruptcy Court to Eye Transfer of Assets from Financial Adviser to Wife
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Valuation Specialist Joins Huron Consulting Group
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More Financial Experts Challenged in Court
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Huntington Beach Placed on Credit Watch
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Mellon HBV Launches Long-Only Distressed Discipline
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Leucadia presses bid for WilTel
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New Bankruptcy Opinions
(1 new opinion today) 

Bankruptcy Court Web/Pacer Site Directory

Weird News
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Telecoms:

WorldCom Ruling Breaks New Ground in Bankruptcy Law
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US Unwired Says May Not Be In Compliance For Rest Of '03
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NextWave Seeks Court OK for $21M Breakup Fee for Cingular
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Group warns US on blocking Global Crossing deal
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Touch America: Verizon, Sprint challenge bankruptcy
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Fleming:

Grocery Supplier Fleming's Court Case to Resume
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C & S asks bankruptcy court for more time
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Bankruptcy on Spectrum's menu
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Spectrum Files for Bankruptcy Protection
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Joseph Fisher Resigns as Penn Traffic's President and CEO; Penn Traffic Also Announces the Closing of Its $270 Million DIP Financing
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Court approves DIP for Samuels Jewelers
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Corporate Reform:

Antifraud zeitgeist in retreat?
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Seitel Files Ch 11 Turnaround Plan, Disclosure Statement
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AppliedTheory Gets Trustee, Won't Convert To Chapter 7
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Horizon Natural Seeks To Keep Sole Right To File Plan
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England:

Banks cashing in on plastic spree
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Elan Creditors Give Second Waiver to Avoid Default
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Millions struggle with card payments
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Scotland:

Going For Broke
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Canada:

Automotive tannery declares bankruptcy
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Mexico:

The 1995 bank crisis returns to haunt Mexico
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Cuba:

Economy on brink of collapse
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France:

France's Early Aid to Alstom Sets Collision Course With EU
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Thailand:

Thai court approves Jasmine debt plan
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