How
Thurmond paid his daughter - bankruptcy judge served as "pass
through"
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Airlines:
UAL
to file for $1.6 federal loan guarantee
(DBN Subscription Required)
UAL
Corp. gets $2 bln in Chapter 11 exit financing
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2
banking firms will lend United $2 billion
(DBN Subscription Required)
UAL
is set to file a revised business plan
(WSJ: separate paid subscription required)
US
Airways pilots union wants CEO, CFO out
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Airline
offer will stand if Li walks, fund pledges
(DBN Subscription Required)
Air
Canada Provides Update on Restructuring
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Air
Canada restructuring hanging on creditor appeal
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Air
Canada seeks court deadline
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Victor
Li's group threatens to ground Air Canada deal
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SwissAir's
U.S. protection extended
(The Deal: separate paid registration required)
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Solutia:
Seeking
Relief From Former Monsanto Company Legacy Liabilities, Solutia Files
Voluntary Petition for Chapter 11 Reorganization
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Solutia
Reaches Agreement With Euro Note Bondholders to Permit U.S. Chapter 11
Filing
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Monsanto
suits force Solutia into bankruptcy
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___________________
FAO:
'Substantial'
Offer Made for FAO Schwarz in NYC
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FAO
Gets Extension to Find Buyer
(DBN Subscription Required)
________________
Corporate Reform:
Calpers
Sues Big Board and Specialists
(NYT: separate free registration required)
Calpers
Suit Viewed As Unusual For Targeting NYSE
(DBN Subscription Required)
Exec
Pay: Reason to Be "a Little Nervous"
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_____________
Colorado
tops bankruptcy list
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Waterlink,
Inc. Announces Asset Sale
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Sixth
Circuit Applies Dewsnup and Prohibits "Strip Off" of Valueless
Junior Lien
Kansas
Bankruptcy Court groundbreaking today
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Liberia-based
cruise lines file for bankruptcy protection
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Hawaii:
Taxi company files for bankruptcy
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Kelsey
to lead Palmer Johnson
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Santa
Cruz budget picture worsens, bankruptcy possible
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Ceramic
Tiles Producer Files Chapter 11
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Gambling
regulators approve Emerald settlement
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Supreme
Court Preview
Corrpro
Announces Pact For Recapitalization And Refinancing Plan
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Shift
to Video Proves Fatal for Winston-Salem, N.C, Communications Company
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Glove
Maker Facing Involuntary Works to Secure Financing
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James
Cable Announces Completion of Restructuring
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Insurance
Proceeds Available To Bankruptcy Trustee Despite Debtor's Arson
(Martindale: separate free registration required)
Corporations
Cannot Obtain Damages For Willful Violations of the Automatic Stay Under
Bankruptcy Code Section 362(h)
Internal
Revenue Service Ordered To Consider a Chapter 11 Debtor's
Offer-in-Compromise
Firms
lukewarm about hiring next year
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Asbestos:
Halliburton
units file for bankruptcy
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First
Day Pleadings
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Halliburton
files KBR bankruptcy
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Halliburton
advances asbestos accord
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Halliburton
puts units in Ch. 11
(The Deal: separate paid registration required)
K&L
Files Long-Anticipated Chapter 11 for Halliburton Affiliates
(DBN Subscription Required)
S&P
revises Halliburton creditwatch to developing
(DBN Subscription Required)
Judge
denies futures rep challenge motion by Owens unsecureds
(The Deal: separate paid registration required)
KWELM
administrators seek accelerated runoff
(DBN Subscription Required)
US
Congress Wraps Up Session; To Finish '03 Work In Jan, Asbestos reform
Outlook "Bleak"
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_________________
CART:
CART
begins owner transfer
(DBN Subscription Required)
IRL,
CART counting cars
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Championship
Auto Racing To Seek Chap 11 Protection
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______________
Steel:
Judge
approves sale of Republic Engineered Products
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Nucor's
steel plant bid approved
(The Deal: separate paid registration required)
Weirton
Steel Posts $8.4 Million Net Loss For November
(WSJ: separate paid subscription required)
____________________
Energy:
PG&E
Reaches Deal on Bankruptcy Bailout
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Regulator:
PGE, Consumer Group Plan Likely to Get OK
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Deal
could take PG&E out of bankruptcy - Rates would be cut $1 billion
over 9 years
(DBN Subscription Required)
PG&E
Joins Turn in Compromise Plan to Save Customers $1 Billion in Financing
Costs
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TCE
bankruptcy plan OK'd
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Oregon's
Investigations of Portland General Electric's Trading Will Continue
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Bankrupt
Atlanta-Based Mirant Wants Former Executive Back
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Law:
Top
Firm Pays $5.8 Million to Settle Malpractice Claims
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NY
Firm's Insurers Must Cover Costs of Fight With Two Other Firms
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"Rising
Star" Lawyer Takes It on the Lam After Indictment
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CalPERS
Taps Lerach for Suit Against NYSE
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DaimlerChrysler
Trial Delayed As Last- Minute Exculpatory Evidence Issue Erupts
(NYT: separate free registration required)
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Telecoms:
Trustee
May Be Needed to Take Over Supra Telecom from Firm's Founder
(DBN Subscription Required)
________________
NYC
pension funds sue banks over National Century
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Kaiser
pension plan goes bust
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Carolina
Investors creditors recover part of stake
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AmeriCorp:
An Insider's Stance on Credit Counseling Reform
(DBN Subscription Required)
Doctors
group PhyAmerica losing its leaders
Creditors
deserve the truth
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New
Bankruptcy Opinions
(3 new opinions today)
Bankruptcy
Court Web/Pacer Site Directory
Weird
News
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Enron:
Fastow
lawyers press to move case
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Dick
Cheney fighting to keep 'Enron papers' secret
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Miss.
Chemical moves on bid rules
(The Deal: separate paid registration required)
HealthSouth:
HealthSouth
Makes Semi-Annual Interest Payments to Bondholders
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Scrushy's
Lawyers Ask Others for Money Back
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HealthSouth
Victim of Its Own Fraud, Prosecutors Say
HealthSouth
Can't Get Ex-CEO's Cash
(WSJ: separate paid subscription required)
________________
Accounting:
Fraud,
Compensation Top PCAOB Priority List
Top
SEC Accountant Urges Board to Set Rules
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Restatements:
Differentiating Between Bad and Necessary
Restatements
du Jour
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The
IASB will likely face opposition from European officials when it
publishes its final accounting rules for derivatives
(WSJ: separate paid subscription required)
___________________
UK:
Bankruptcies
set to soar tenfold
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_____________
Australia:
ASIC
warns over possible breaches
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Pay
$1.4m or else, Elliott told
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Ex-Foster's
boss faces bankruptcy
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Super
bankruptcy loophole closed
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HIH
Official Faces Criminal Charges
(WSJ: separate paid subscription required)
___________________
Japan:
Fitch
affirms Japan l-t ratings, outlook negative
(DBN Subscription Required)
_________________
France:
EDF
is ordered to repay E1 billion in tax breaks
(DBN Subscription Required)
_________________
Iraq:
Chirac
and Schröder agree to debt cuts
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________________
Brazil:
AES
Says Brazil Agrees on Debt Plan; Takeover Averted
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_________________
Argentina:
Citigroup
Adds $150 Million to Unit in Argentina
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Postal
service is bankrupt
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___________________
Norway:
Huseby
AS files for bankruptcy
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_______________
Korea:
Creditors
to take control of LG Card
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LG
Card Creditors to Auction Card Unit This Month
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__________________
Israel:
40%
of kibbutzim on verge of bankruptcy
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________________
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