Letter
from Delaware - NRG Energy advisers taken to the woodshed, Blank Rome
objects to high fees, Carl Icahn faces rough ride in Texas
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Bankruptcy
Court Internet Access Still Down; District Court Eyes Web Glitches
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Energy:
GE
Capital to provide Mirant DIP
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Mirant
Could Further Test Companies' Ability To Shed Contracts
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Judge
Allows Mirant to Pay Some Debt
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Mirant
Critical Vendor Order
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Three
Canadian Banks Owed Money by Mirant
(DBN Subscription Required)
Two
Days after Bankruptcy Filing, Mirant Shares Plummet
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Mirant
Names Robert Dangremond Chief Restructuring Officer; Two Others Also Named
To Company's Restructuring Team
(DBN Subscription Required)
Mirant
Says Won't Force Pre-Packaged Plan On Banks
(DBN Subscription Required)
Mirant's
Demise Rattles Energy Investors
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Court
rejects NRG request to halt FERC order
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Edison
Mission Motion in NRG bankruptcy case delayed
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_________________
Law Firms:
Suitors
Step Up for Sedgwick
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ABA
in disclosure battle with market regulators
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Happily,
corporate attorney gives up an ocean for a pond
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Three
Bankruptcy Partners Bolt Firm
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Special
Report: Women GCs
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Rivals
bicker over Clifford Chance deal in M&A tables
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Lawyers
expect corporate upturn
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Atlanta
firm to take Altheimers London arm
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Four
Partners, Counsel Defect From NY Firm
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Personal
Knowledge of Malpractice Can't Be Imputed to Firm
(DBN Subscription Required)
Arent
Fox: “Last season’s fruit is eaten and the fullfed beast shall kick
the empty pail”.
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NY
Bar dumps out of state ban
(DBN Subscription Required)
Do
the SEC's Proposed Standards of Professional Conduct for Attorneys Apply
to You?
(Martindale: separate free registration required)
Vinson
& Elkins set to launch practice in Dubai
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MoFo
puts brakes on European expansion in strategy rethink
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Mayer
Brown boosts Houston with hire
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__________________
Mego
Financial Execs Resign After Chapter 11 Filing
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Recent
Going-Concern Statements
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Retailing:
Sears
Shares Up on Credit Sale; Now What?
(DBN Subscription Required)
__________________________
Successor
to Citigroup throne beats a talented field
(DBN Subscription Required)
Subprime
Default Risk Inches Up
Experts
Concerned with Consumer Debt Levels as Economy Struggles to Rebound
(DBN Subscription Required)
Default
Risk Results in Cut in Kemper Insurance's Rating
(DBN Subscription Required)
Wall Street:
SEC
To Move Its Cases To Fast Track Starting This Week
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________________________
What
To Do About Plan Loans and SOX?
(Martindale: separate free registration required)
Experts
Say Arizona Bankruptcy Filings in 2003 May Surpass Last Year's Record
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Utah
Regulators Take Control of Workers' Comp Writer, Ask to Liquidate
Company
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Asbestos:
The
asbestos mirage
(DBN Subscription Required)
___________________
Wanted:
bankruptcy judge; some experience necessary
(DBN Subscription Required)
Conseco:
Conseco
to seek cramdown
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Conseco
Proposes New Seven-Member Board
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Conseco
files another reorganization plan
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_________________________
Couple
accused of bankruptcy fraud detained in Mexico
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Accounting:
Ernst
Clients Face IRS Audits Over Tax Shelters
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Lessons
Learned from the Arthur Andersen Case
(Martindale: separate free registration required)
SEC
Adopts Rule Revisions that Implement Sarbanes-Oxley Prohibition on the
Improper Influence on the Conduct of Audits
(Martindale: separate free registration required)
Hurt
By Lost Tax Funds, States Join IRS in Shelter Crackdown
(DBN Subscription Required)
_____________________
Telecoms:
Lower-level
Touch America managers received bonuses in February
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Concerns
of Wiretapping Imperil a Planned Merger
(WSJ: separate paid subscription required)
Sales
plummet at struggling Marconi
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Com21
hopes for $850,000 DIP
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STT,
Global Crossing Offer Safeguards to US
(DBN Subscription Required)
World
Wireless Communications, Inc. Announces Freeze of Assets of Its Major
Stockholder Group
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WorldCom
fixed wireless sale hearing postponed
(DBN Subscription Required)
______________________
Bankrupt
Landlord's Sale Terminates Leases
(Martindale: separate free registration required)
Boston
investment firm, chief counsel found guilty
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Credit
quality - The bankruptcy courts are back in business
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Corporate Reform:
Code
of Ethics Requirements Under Sarbanes-Oxley
(Martindale: separate free registration required)
Demystifying
Sarbanes-Oxley: Suggestions for Public and Private Company Preparedness
and Compliance with Employment and Whistleblower Provisions
(Martindale: separate free registration required)
______________________
KERPs
On The Way To UK? Not Quite
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Firms
seek payment in HomeGold case
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Payouts
by BMI shipyard approved
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Jacobson's
banks, creditors fight for scraps
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Steel:
National
Steel Corporation Announces Settlement Agreement Regarding Medical
Benefits And Life Insurance Coverage For Retirees
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Nonunion
Steel Retirees Face Cuts
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__________________________
Fleming
files suit in bankruptcy to halt litigation against employees
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Loral:
Loral's
Schwartz, Facing Bankruptcy, Won't Give Up Space Dream
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Loral
Space Shares Move To Pink Sheets
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____________________
Elan
misses second deadline for U.S. filing
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Elan
risks default on £1bn debt after accounts delay
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Textile
company files for bankruptcy protection
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Farmer
Avoiding Debt Goes on Crime Spree in Pursuit of Jail Sentence
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New
Bankruptcy Opinions
(1 new opinion today) Bankruptcy
Court Web/Pacer Site Directory Weird
News
(DBN Subscription Required) DIP
Dimensions: Crown Pacific LP - CIT Group is protecting itself in case
the lumber company sells its prized wholesale business
(DBN Subscription Required) Rigases
Seek Legal Fees From Adelphia
(DBN Subscription Required) Airlines: AMR
posts $357 million loss
(DBN Subscription Required) AMR
to cut over 2,000 jobs in St Louis
(DBN Subscription Required) AMR
says losses show shrinkage -- thanks to aid, cuts
(DBN Subscription Required) St.
Louis Officials Put Best Spin On American's Decision
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Airlines to avoid Ch. 11 filing
(DBN Subscription Required) United's
Undoing Was a War Within
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Airlines Files Sept. 11 Suit Against AIG Subsidiary
(DBN Subscription Required) Denver
Mayor Rips United Airlines over List of Demands
(DBN Subscription Required) Ottawa
offers $80 million in airport rent relief for struggling air industry
(DBN Subscription Required) Airline
seeking huge cash injection
(DBN Subscription Required) Congress
Can Help Airlines with Pension Relief
(DBN Subscription Required) Pilots
agree to concessions; Midwest tries to avoid bankruptcy
(DBN Subscription Required) _______________________ Enron: Enron
trial ready to go in 2005
(DBN Subscription Required) Lawyers
say Lays did nothing wrong
(DBN Subscription Required) Lawyers:
Judge wrong in not adding defendants
(DBN Subscription Required) Calpine
Confirms Settlement With Enron
(DBN Subscription Required) FERC
Judge: Enron Should Refund $32.5M In Trading Profits
(DBN Subscription Required) Enron
& Affiliate Ratings Unchanged By Fitch Following Bankruptcy Plan
Filing
(DBN Subscription Required) Court
mulls whether Enron suit to be first to trial
(DBN Subscription Required) Principal
cites debt of Enron in 2nd suit
(DBN Subscription Required) India
Tata Power, BP Group Plan JV To Buy Enron's Dabhol
(DBN Subscription Required) Early
Lessons from the Powers Report (Or What We Can Learn from Enron)
(Martindale: separate free registration required) ___________________ Ford
downbeat on US economy
(DBN Subscription Required) Use
Restriction Rejected in Tenant's Bankruptcy
(Martindale: separate free registration required) Thailand: TPI
planner moves to fix credit line
(DBN Subscription Required) ________________________ Canada: Mosaic
Group Obtains Extension of Protection Order
(DBN Subscription Required) ____________________ Mexico: Iusacell
creditors push alternate deal
(DBN Subscription Required) Iusacell
Bondholders May Block Sale
(DBN Subscription Required) ____________________ Korea: Korea's
SK Global HK Subsidiary Files For Liquidation
(DBN Subscription Required) _________________ England: WPP
gains from Cordiant's exit
(DBN Subscription Required) _____________________ Japan: New
auditor policy bad news for banks
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