January 6, 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

         
Bankruptcy Judge Frank Koger dies at 72
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Airlines:

Cuts in UAL management
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Drafting United's flight plan
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What's the plan? UAL can't seem to say
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United's creditors wait for their money / Bankrupt airline owes billions to companies large and small
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United gearing up advertising
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UAL Creditor Seeks More Information On Leased Planes
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Pennsylvania county having trouble collecting Sept. 11 reimbursements from United Airlines
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United Airlines to cut a further 1,700 jobs
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Airlines Still Feeling the Turbulence
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America West fights to stay in air
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Airlines Hope to Cut Costs by Encouraging 'Do-It Yourself' Travelers
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Airlines Extend Fare Sales Until Jan. 10, as Carriers Fight Financial Distress
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US Airways' fate uncertain
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Airlines have little to cheer in historic year
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U.S. Carrier Trials Making Passengers Pay for Airline Meals
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Counting the peanuts is next
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Troubles mount for retailers
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Creditors oppose Peregrine reorg
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California's Wine Industry Is Slumping, At Least Three In Bankruptcy
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Companies still can't shake off corporate credit blues
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Losing bidder seeks Ch. 7 for Harvard Industries
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Federal bankruptcy filings on rise in North Carolina
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Economy:

A Mixed Forecast
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Bush Readies Plan For Dividends Tax Cut
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Bush to Propose Broad Tax Cuts In $600 Billion 'Growth' Package
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Law Firms:

Top Jury Awards of 2002
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White & Case to stake all on global shake-up
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California Screaming
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Most Major NY Firms Paid Associate Bonuses
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Akin Gump in assault on European bondholder market with City raid
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Armey to work as adviser for national law firm, continue work on bankruptcy reform
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GOP Big Joins Law Firm
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Firms Balance Lateral Hires Versus 'Culture'
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Cadwalader Eyes Move to Midtown
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Four NY Partners Defect
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Clifford Chance bond issue exceeds expectations
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The ten biggest legal news stories this year
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FinancialWeb fallout leads to law firm suit
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NY Firm Raids DC Rival for NY Partner and Team
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Biglaw Firm Disqualified From Tobacco Litigation
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E&Ys Canadian law arm splits in two
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  Telecoms:

Ashcroft balks, a villain walks
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Full Text search WorldCom Pleadings

Psychic Friends presses WorldCom claim
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Telecom firms hope to hang up on troubles
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FCC Plans to Erase Key Rule On Local Phone Competition
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Telecom behemoths, CLECs continue turf war
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Telecom has seen 'the perfect storm' - has the worst subsided?
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Allen & Overy (A&O) set for 18m fee bonanza on Marconi restructuring
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Microcell, creditors reach reorg pact
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Microcell debt holders agree to restructuring
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Metromedia May File for Bankruptcy After Third-Quarter Loss Widened
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Microcell sheds 83% of its debt
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FoneFriend, Inc. Combines With Bankrupt Universal Broadband Networks
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Steel:

Bethlehem purchase expected
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International Steel May Offer $1 Billion for Bethlehem
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Tentative ISG Agreement Seen As Post-Bankruptcy Model
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Enron:

J.P. Morgan still faces legal questions
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Whittling away at evidence
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`Crooked E' plays Enron saga a bit too straight
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Enron's former chairman will be watching movie closely
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Shining tower built for Enron short of tenants
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A Rich Account Of Moral Bankruptcy
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A hidden asset from Enron
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Rulings further Enron suit
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Florida drops probe into Enron stock investments
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J.P. Morgan settles Enron lawsuit
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Enron movie hits US screens
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Wanted: judges for Chapter 11 courts
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Agreement reached on auction of Ecusta plant
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Bankrupt biotech company to sell anti-scarring gels
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Hockey:

The Bankruptcy Bowl? - Cash-strapped Sabres, Sens take fight to ice
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Senators banking on bailout
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Bettman meets with Sens and creditors
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NHL may have no option but to fold teams
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Union willing to be patient as Senators try to avoid bankruptcy
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Accounting:

State's KPMG suit may help KC firm get a hefty payday
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How Auditors Are Shackled By Riches

The Name Game
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New Bankruptcy Opinions
(No new opinions today)

Bankruptcy Jobs - 784 Jobs - Last Updated December 10, 2002
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Bankruptcy Court Web/Pacer Site Directory

Weird News
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Conseco:

Conseco Trustee Chooses 3 Creditor Panels for Bankruptcy
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Creditors Oppose Plan To Sell Conseco Finance To CFN
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Commercial Real Estate Still Faces Last Year's Problems
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Hayes Lemmerz Asks For More Time For Turnaround Plan
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AmeriKing faces DIP deadline
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More taste gloom of bankruptcy court
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Stadium curse still going strong
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Some Companies Offer Workers Debt Help
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Farmland Industries Wants to Renege on Executives' Retirement Benefits
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Polymer Group will exit bankruptcy soon
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Bankruptcy court in Chicago gets some big cases
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Bankruptcy protection gives company room to breathe
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2002: Year of the corporate bankruptcy
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Farmers to Receive Checks from Bankrupt Co-Op
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Economic Downturn Leaves Mobile Homes Standing Empty
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Judge Grants Reprieve to Madster
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Troubled economy hurts recruiting firms
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Salt Lake County, Utah, Office Vacancy Rates Rise Again
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Trend Tech Gets Court OK To Sell Its Assets To Former CEO
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D.C. Healthcare Alliance drama carries into new year
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Former Polaroid Seeks More Time For Turnaround Plan
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Corporate Reform:

Experts Say U.S. Businesses Experiencing Leadership Vacuum
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NASD Going After Blodget
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Serving on a board makes asking 20 questions more than just a game
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Time To Say Good Buy
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NASD Widens Analyst Probe To Include Their Supervisors
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Why Wall Street's tech swindlers don't go to jail
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France:

French central bank head on trial Monday over Credit Lyonnais scandal
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England:

Small businesses get bankruptcy breathing space
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NTL on brink of ending its bankruptcy banishment
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Hong Kong:

Hard-up flat owners may file for bankruptcy
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Chile:

Chile business failures fell in 2002
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