December 31, 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

         
Spiegel:

Catalog of Horrors
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Struggling Spiegel Group to close 29 Eddie Bauer stores
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Telecoms:

NextWave asks to extend exclusivity
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Law:

NY Firm Announces Associate Bonuses
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Three Firms Make List of Best Places to Work
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Partner Retires Rather Than Give Up Board Seats
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Bonus Round - Firms try to rein in associate expectations
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Pittsburgh Law Firm to Merge with Smaller Firm, Open Ohio Office
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Steel:

Rumors of buyout buoy stock prices at Wheeling-Pitt
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GSC bankruptcy back in court - State Ports Authority objects to lease extension by steel mill
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Effective Date of National Steel Plan of Liquidation Occurs
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Energy:

Mirant Seeks Court OK For Pepco Power Contract Settlement
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PSC seeks answers on NorthWestern power contracts
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Seitel Negotiating Amended Reorganization Plan
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Shareholders could keep Seitel
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Sour days at sweet firms
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Court may allow CART sale
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Judge sets hearing date for CART sale
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Specialty toy stores sales down this holiday season
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Beef industry faces 'a grim picture'
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Some debt counselors are no credit to the biz
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  Airlines:

United to reward employees -- if it makes money
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US Airways to lay off more than 550 attendants
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$2.1 billion pilot pension claim on US Airways upheld
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Airline slapped on pension
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US Airways Barred by Bankruptcy Judge From Cutting Pension Cost
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Statement of US Airways
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US Airways' Interim Deal with Allegheny County, Pa., Progresses
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Jet 1 owner seeks bankruptcy protection to continue fight vs. airport authority
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Enron:

Enron reorganization faces key hearing next Tuesday in N.Y.
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Enron Boosts Expected Creditor Recoveries for 3rd Time
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Corporate Reform:

Discovery of Corporate Fraud Increased in 2003
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Can Wall Street Regulate Itself?
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Asbestos:

Asbestos deaths to peak after 2020
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Ruling favors Rosemont as 10th state casino site
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Miami Doctor Buys Assets of Bankrupt Durham, N.C-Based Physician Staffing Firm
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Bankruptcy lawyers, advisers seek millions in Pillowtex case
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Bankruptcy strands ship in Virgin Islands - A Honolulu judge orders the ship to stay out of non-U.S. ports
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Stranded Cruise Liner In US Virgin Islands Departs
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World Kitchen set to emerge from bankruptcy
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Temp staffing company CheckMate files for bankruptcy protection
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Judge approves CheckMate financing
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New Bankruptcy Opinions
(4 new opinions today) 

Bankruptcy Court Web/Pacer Site Directory

Weird News
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Produce Marketer Sun World Is Sold to Creditors
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PhyAmerica sale gives new life
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Trouble grows for mortgage firm
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California health care group faces bankruptcy
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Goodwill Care owners, facing suit over death, file for bankruptcy
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UK:

Riches for some, writs for others - Who received the big bonuses, the blame and the barristers' bills
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Leeds set for New Year cheer?
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Budgeting for debt repayments
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Draw up a debt action plan
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Lehman, Starwood acquire Le Meridien debt
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Italy:

New Detentions Made in Parmalat Scandal
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Additional Parmalat Stories:

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France:

Jobless protesters occupy dole office
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Russia:

Yukos charged with $3.3bn tax evasion
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Argentina:

Argentina Says It Wants to Remove Advisers From Talks
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Argentina's Hipotecario restructures $1.2 bln debt
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Australia:

Creditors swoop as Gympie fights fire
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Indonesia:

IBRA to allow 2 debtors to go free
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