December 23, 2003 

Daily Bankruptcy News

Brought to you by BKINFORMATION.COM - The Source for Business Bankruptcy Information on the Internet 

Also available on the Web (with links to the news stories)  at: http://bkinformation.com/News/DailyNews.htm

Prior editions available at http://bkinformation.com/bankruptcy_news.htm
Search prior headlines at http://bkinformation.com/PriorEditionsSearch.html

         

Steel:

Court OKs Rouge Sale To Russian Steelmaker
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Slater willing to talk on labour-cost cuts
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Airlines:

Air Canada moves ahead with Li offer
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Trinity Time Welcomes Air Canada Decision On Investment
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Air Canada braces for suits as Li triumphs
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The best offer, and Canadians, lose in Air Canada saga
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Air Canada deal back on track
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UAL Scraps Service Plan with Mesa Air
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Gadzooks Calls Bankruptcy An Option Amid Sales Declines
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U.S. Agency to Take Over Some Kaiser Aluminum Pensions
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Corporate Reform:

Vivendi, Messier talk with SEC
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Agencies get some credit in case of missing report
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Ship halted midcruise
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Toys struggles amid holiday slump
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Holiday sales surge fails to show
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Retailers know it's not all fun and games when selling toys
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Thaxton valued as hard worker
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Court May Salute Fund's FAO Play
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Debt can be eluded
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Fortress Re to Pay Insurer Damages of $1.12 Billion
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Cruise ship companies file for bankruptcy, their two vessels uncertain for Olympics
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Mississippi Chemical gets $96M to pay pre-bankruptcy filing debts
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Bankruptcy court sinks plans for vacation cruise
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M-Wave Announces Development in Its Restructuring
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Energy:

Bankruptcy Judge Approves PGE Reorganization Plan
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PG&E plan OKd / Ratepayers to foot cost of bankruptcy
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Mirant's 3rd-Quarter Loss Narrowed as Revenue Rose 18%
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Allegheny Energy looking to pare debt
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Telecoms:

Verizon Agrees to Pay MCI $169M to Settle Fee Dispute
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Redback Networks Reorganization Plan Confirmed by Court
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Redback poised to emerge
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Verestar, Inc. to Reorganize
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Bankruptcy Judge to Rule on Appointment of Trustee to Florida's Supra Telecom
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Enron:

Bank fined $80m over Enron role
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Dean blasted for support of Enron insurance setup
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Penthouse Magazine to Emerge from Bankruptcy; General Media, Inc. Files Reorganization Plan
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Law:

Missing papers confound witness in DaimlerChrysler trial
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Ex-Practitioner Named Lawyer of the Year
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How an Associate's Life Drove One Yale Grad to the Brink of Suicide
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Firm Grows in New York With Raid
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Firm Lands in Conflicts Cat Fight
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Unnatural Selections
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Wells Fargo Skirts Money-Laundering Charges as Clients Probed
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American Capital Invests $24.2 Million in Leading Provider of Bankruptcy Case Management Software
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Metatec to become Inoveris
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'Aid' Leads to Bankruptcy in Malawi, Mozambique & Kenya
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Federal Reserve, FTC Issue Interim Rules, Proposal on effective dates of Fair Credit Law
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New Bankruptcy Opinions
(No new opinions today) 

Bankruptcy Court Web/Pacer Site Directory

Weird News
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Asbestos:

Insurers seek to block Halliburton subsidiariesí bankruptcy
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Halliburton Bankruptcy Fought
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Insurers sue Halliburton to block units' bankruptcy
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Italy:

Magistrates make Parmalat breakthrough
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Parmalat Is Rabo, ABN Client; ABN Exposure Limited
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Bank Claims Fraud in Parmalat Case
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21 Parmalat Officials Placed Under Investigation
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Parmalat Can't Document EU9 Billion in Its Accounts
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Parmalat Executive Meets With Prosecutors
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Parmalat Faces a Key Day
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Parmalat and Italian bankruptcy law
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Q&A: Parmalat's troubles
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Italian prosecutors zero in on Parmalat
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Parmalat's Epicurum May Have Just EUR1M In Cash -Source
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How to Say "Enron" in Italian
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Italy May Face Questions Over Long-Term Aid For Parmalat
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Parmalat To Pay Dec Wages, Production Goes On - Union
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Firm's worth can't be pegged
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Shock waves of scandal rock Parmalat
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Govt To Alter Bankruptcy Law Over Parmalat
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Brazil:

Eletropaulo Concludes Debt Restructuring Talks
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Jose Sarney Says Brazil Should Renegotiate Debt
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Korea:

LG Card fails to attract any takeover bids
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Indonesia:

Asia Pulp Bondholders Closer to Debt Plan
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Texmaco's creditors show interest in textile assets
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