February 26, 2003 

Airlines:

Northwest asks pilots for concessions
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NWA managers granted bonuses
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US Airways pension hearing resumes Friday
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United option: Closing DIA hub
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United Executive Says It Might Close Hubs
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United's payment of December rent at DIA uncertain
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Pilots union: AMR may be bankrupt as soon as May
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Atlantic Coast tumbles on United uncertainty
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At United Airlines, Banker Reports Financial Progress
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US Congress watchdog warns of airline pension woes
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Ryanair makes huge cuts at buzz
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Miami venture capital firm to buy Ha-Lo for $22 million
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Bankruptcy exits
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Accounting:

Food industry accounting under scrutiny
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Deloitte's Work for Ahold Raises Audit Questions
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Once invincible accounting trade group stumbles
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Fleming to cut 1800 jobs as SEC formalizes probe
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Ahold Restatement Highlights Food Competition
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FAO asks to auction 70 store leases
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Bankruptcy filings break record; still rising
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Stock Often Has a Hangover After Company's Bankruptcy
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Millions Spent as SE DC Hospital Declined
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Hockey:

Bryden-led bid for Senators hits patch of rough ice
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Sale of Senators 'moving toward closing'
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Hoover bankruptcy trustee wants to hire consultant
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Bankruptcy Reform:

Mexico's new bond scheme draws worry on Wall St
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H.I.G. to buy Halo assets
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Judge extends Ames' exclusive liquidation right
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Steel:

Bankruptcy woes in the steel industry
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Court Gives Medinex Approval To Use Funds, Sell Assets
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Wall Street:

Dominion Bond Rating Service May Face Uphill Battle In US
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$2 Billion Loss and Layoffs at Credit Suisse
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SEC's IPO Probe Expands To Include Morgan Stanley
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Ecusta:

Ecusta situation is a preventable calamity waiting to happen
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Pollution concerns may delay Ecusta sale
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Conaway target of creditors
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Kmart builds case against former CEO
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Evidence backs lawsuit against ex-CEO: Kmart
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Fleming Cos. shares skid 37% amid cuts after exit from Kmart
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Kmart gains court OK on reorganization steps
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Kmart plans to keep focus on promotional prices, exclusive brands
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Kmart Expects Investor Group To Control 50% Of New Stock
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Ruling Sets Stage for Kmart to Exit Bankruptcy By April
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Divine:

Divine files for Ch. 11
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Divine files Ch. 11, has suitor for units
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Law Firms:

Perkins Coie names bankruptcy lawyer as managing partner
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The NLJ's Top 10 Defense Wins of 2002
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Associates Launching Own Firm Violated Ethics Rules
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Brobeck's Landlord Saw the Writing on the Wall
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More Brobeck Partners Hire On With Rivals
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N.Y. law firm nabs 41 Brobeck barristers
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Judge Can Slash Attorneys' Fees From $6 Million to $25,000
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Firms Bullish on Tide of Regulation
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Fried Frank election promises green light for Ashursts
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Paul Hastings launches in San Diego with Brobeck haul
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Peregrine:

Peregrine, creditors to appoint mediator
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Peregrine to replace board in agreement with creditors
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Timeline set for Farmland to sell fertilizer business
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Payback's Tough to Come By
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Energy:

Energy Woes Fuel Bank Worries
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Allegheny Energy achieves crucial refinancing package
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Judge OKs Arbitration For NRG, FirstEnergy In Plant Sale
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Psychrometric Systems files Chapter 11
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Bankruptcies Up, Biz Filings Down in 2002
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Spiegel expects to run short of money
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Former Henderson, Ky., Nursing Home Officials to Appear for Depositions
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Bankrupt bonds watch - A look at the debt prices of bankrupt companies
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Corporate Reform:

How to Fix a Broken System
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U.S. Regulators Warn Banks On Mortgage-Servicing Risks
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Regent closes on buy of Brill Media stations
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New Bankruptcy Opinions
(1 new opinion today)

Bankruptcy Jobs 871 Jobs - Last Updated February 3, 2003
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Bankruptcy Court Web/Pacer Site Directory

Weird News
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Weil Gotshal Reaps Most Fees on Biggest Corporate Bankruptcies
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Telecoms:

IDT too late for Global Crossing?
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IDT Throws Curve Ball with Global Crossing Bid
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Commission Payments For Sales Force Get Delayed
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CTC Communications Gets More Time To File Exclusive Ch 11 Plan
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Sprint says allegations in bankrupt affiliate's lawsuit are ludicrous
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General DataComm Gets Extension Of Cash Collateral Use
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Feds charge Qwest execs
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WorldCom to Present Business Plan to Creditors in Weeks
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US delays Global Crossing deal
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AT&T Canada Wins Court Approval for Restructuring
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Burlington:

Battle For Burlington Industries To Heat Up This Week
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Rucker says shareholders should get something if Burlington sold
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Economic bust a blessing for some businesses
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Conseco:

Conseco Finance draws rival bid
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Protecting its Fannie - There's more to Fannie Mae's bid for Conseco loans
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Conseco Finance draws six bids
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A person who is his own lawyer has a fool for a client
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The Cable Industry's Costly Profits
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Australia:

Communications firm iGreen goes into administration
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South Africa:

Law Society member wants a better deal for defaulters
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England:

Cadwalader aids British Energy bondholders
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Japan:

Creditors bail out Japanese retailer Seibu
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Creditors OK Y220 bln bailout for retailer Seibu
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Theme park bust with $3bn debt
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Canada:

Saskatchewan protects RRSPs from creditors
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Germany:

Deutsche Bank chief charged
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Germany sows seeds of banking disaster
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