July 7, 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

         

Airlines:

Air Canada, GE Capital reach deal
(DBN Subscription Required)

Joshua Gotbaum Named Trustee For Hawaiian Airlines
(DBN Subscription Required)

American Airlines' Former CEO Defends Perks that Led to Exit
(DBN Subscription Required)

American Airlines to Offer Notes Backed by Seven Boeing Planes
(WSJ: separate paid subscription required)

Atlas Air may file for 'pre-negotiated Chapter 11' bankruptcy
(DBN Subscription Required)

Summer of Turbulence for Airlines
(NYT: separate free registration required)

Did vultures do homework on Air Canada?
(DBN Subscription Required)

United asks SEC for end to stock plan
(DBN Subscription Required)

Air Canada executives get backing
(DBN Subscription Required)

Air Canada close to C$1.86bn financing deal
(DBN Subscription Required)

Air Canada investors cling to fantasy
(DBN Subscription Required)

Air Canada execs given parachutes
(DBN Subscription Required)

Air Canada Dodges Liquidation Bullet
(DBN Subscription Required)

___________________

Adelphia Creditors Sue Top Banks
(DBN Subscription Required)

NationsRent rising from bankruptcy's ashes
(DBN Subscription Required)

Philip Services Lenders Ask Court For Separate Committee
(WSJ: separate paid subscription required)

Reverse-preemption of Code's transfer provisions

Accounting:

I.R.S. Takes Aim at Big Shelters and Hopes Message Filters Down
(NYT: separate free registration required)

Arthur Andersen died in vain: Despite the limelight of public scrutiny plus a new federal law, accounting reform still falls short of mark
(DBN Subscription Required)

Bush Signs Bill to Speed Accountant Hires
(DBN Subscription Required)

State regulators wrestle with SOX
(DBN Subscription Required)

Dutch public prosecutor starts criminal investigation of Ahold
(DBN Subscription Required)

___________________

Minority-Run Newspaper in Tulsa, Okla., Files for Bankruptcy Protection
(DBN Subscription Required)

Office rents declined in the second quarter and vacancy rates edged higher as the U.S. economy continued to shed jobs
(WSJ: separate paid subscription required)

GenTek Faces Motion Seeking To Question Former Executives
(WSJ: separate paid subscription required)

Credit bureaus screening for terrorists
(DBN Subscription Required)

Expected Bankruptcy Sale of Las Vegas Casino Produces Winners, Losers
(DBN Subscription Required)

Bankruptcy not a deal-breaker
(DBN Subscription Required)

TransCare set to emerge from Ch. 11: Plans to pursue growth strategy in three markets
(DBN Subscription Required)

The Mensch Of Malden Mills
(DBN Subscription Required)

 

Bankruptcy law firm sued for $20M
(DBN Subscription Required)

Asbestos:

Insurers Threaten to Oppose Asbestos Bill
(DBN Subscription Required)

Insurers May Pull Support From US Senate Asbestos Bill
(WSJ: separate paid subscription required)

_____________________

Ne'er-do-well under roof drags down their credit
(DBN Subscription Required)

Telecoms:

WorldCom strikes new SEC deal
(DBN Subscription Required)

WorldCom's Old Holders Get Something New
(DBN Subscription Required)

WorldCom Hiring Lobbyists For Washington Blitz
(WSJ: separate paid subscription required)

Metromedia Fiber disclosure statement approved
(DBN Subscription Required)

Judge Approves Reorganization Plan for Waynesboro, Va.-Based Telecom Company
(DBN Subscription Required)

Investors files objections to Touch America bankruptcy
(DBN Subscription Required)

__________________

Pension agency overwhelmed; faces growing workload, criticism
(DBN Subscription Required)

HealthSouth investors to get financial update
(DBN Subscription Required)

HealthSouth to meet creditors, shareholders
(DBN Subscription Required)

Bankruptcy trustee appointed for nonprofit processing agency
(DBN Subscription Required)

HomeGold administrator recommends liquidation
(DBN Subscription Required)

Energy:

Bankrupt Electricity Supplier NRG Energy Might Be Forced to Liquidate
(DBN Subscription Required)

PG&E's NEG Trading Arm To Suspend Elec,Gas Deliveries
(DBN Subscription Required)

Some See Fait Accompli Ahead Of Hearings On PG&E Deal
(WSJ: separate paid subscription required)

NRG issues warning to regulators
(DBN Subscription Required)

______________________

Bankruptcy Judge Forces Tenants of Memphis, Tenn., Building to Make Deal
(DBN Subscription Required)

Goldsmith's demise causes ripple effect in Dallas
(DBN Subscription Required)

Lease release me, let me go: Landlords are letting some high-risk tenants out of their leases and collecting hefty termination fees in return
(DBN Subscription Required)

Record Debt Levels Are Good News For EPIQ Systems
(WSJ: separate paid subscription required)

Corrpro warns of bankruptcy risk
(DBN Subscription Required)

Broke Town's Mayor, Facing Furor, Bows to It
(NYT: separate free registration required)

Oakwood, Galey taking different paths in Ch. 11
(DBN Subscription Required)

Distressed asset sales can become engine for growth
(DBN Subscription Required)

Former Mav facing bankruptcy: Roy Tarpley Jr. drew allowance of $10 a week, tackled drug-rehab program
(DBN Subscription Required)

 

 

New Bankruptcy Opinions
(No new opinion today)

Bankruptcy Court Web/Pacer Site Directory

Weird News
(DBN Subscription Required)

Law Firms:

Summer of discontent
(DBN Subscription Required)

Lawyer 'Surfs' Into Malpractice Suit
(DBN Subscription Required)

When the tenant is king
(DBN Subscription Required)

Arter & Hadden Makes It Official: Firm Will Close
(DBN Subscription Required)

Altheimer & Gray law firm agrees to dissolve by Nov. 1
(DBN Subscription Required)

Rivals line up to bag Altheimers teams
(DBN Subscription Required)

Law firms boost profits
(DBN Subscription Required)

Law firms think small, bet big with nanotech
(DBN Subscription Required)

Rivals Aim to Profit From Firm's Demise
(DBN Subscription Required)

Firm Mulls Closure of Satellite, Partner Looks to Defect
(DBN Subscription Required)

Law firm's rising profits still rank low
(DBN Subscription Required)

Move or stay put? Law firms ponder future
(DBN Subscription Required)

Summer: A hot time for law firms to scout nonlawyers
(DBN Subscription Required)

Skaddens ends Linklatersí M&A reign
(DBN Subscription Required)

______________

Engage Inc Wins OK For Early Hearing On Asset Sale
(WSJ: separate paid subscription required)

England:

Hotel group 'saved' by Saudi Prince
(DBN Subscription Required)

Meridien Hotels Delays Rent, Gains Loan to Avoid Bankruptcy
(DBN Subscription Required)

Battle against bankruptcy
(DBN Subscription Required)

UK execs think lying is best for business
(DBN Subscription Required)

_______________________

Canada:

Imperial PlasTech to Restructure under CCAA
(DBN Subscription Required)

Windy Mountain Explorations Ltd. files for bankruptcy after continued losses
(DBN Subscription Required)

Polyphalt expected to liquidate
(DBN Subscription Required)

________________

Thailand:

Thai TPI Creditors OK Fin Min Team As New Debt Planner
(DBN Subscription Required)

TPI's bankruptcy case a test for Act's amendments
(DBN Subscription Required)

_________________

Australia:

Small turnout for King Bros creditors' meeting
(DBN Subscription Required)

Newmont's Aussie unit in receivership
(DBN Subscription Required)

_____________________



Please note that the Daily Bankruptcy News is primarily a news link gathering service.   This means that most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not the Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. 

The DBN subscription fee for access to certain links is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use.

If you received the Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here, or by going to BKINFORMATION.COM and clicking on the Bankruptcy News button.  Note that the Daily Bankruptcy News is distributed via "HTML email" in which the links to the news stories are embedded in the headlines.  The email you receive should look like a 3-column newspaper, with headlines for each story. If you receive the Daily Bankruptcy News by email and the copy you receive is not formatted like a 3-column newspaper, or does not seem to contain links to the news stories, you may have an email client that is not capable of receiving HTML email, or is not configured to display such email.  You can however, receive a daily email notifying you when the Daily Bankruptcy News is updated on the web site. If you would like to receive such an email, please let us know at admin@bkinformation.com.

You can search the headlines from prior editions of the Daily Bankruptcy News by clicking here.

Advertising
Advertising is available in the Daily Bankruptcy News in a variety of places, formats and prices. Go to http://bkinformation.com/DBN_ADs.htm  for a list of choices.  Feel free to contact us with any questions.

Passwords
Access to certain links in the Daily Bankruptcy News is available only to readers holding a paid subscription
.  These links are currently marked with a "DBN Subscription Required" notation. The cost of a subscription is $45/year, payable annually.  Volume discounts are available for sites with multiple users.  Complimentary subscriptions are available for full-time  educational and governmental employees. For information about discounts or educational/governmental subscriptions, contact us at admin@bkinformation.com. A separate password is required for each member of a firm wishing access to restricted links. New readers can receive a free password good for 30 days by going to http://bkinformation.com/RegistrationForm.cfm. Readers who wish to change their passwords should go to http://bkinformation.com/ChangePasswordForm.cfm. Readers who have forgotten their password should go to http://bkinformation.com/GetPassword.cfm

Adding Your Email Address To The Distribution List
If you would like to start receiving the Daily Bankruptcy News by email each day, go to http://bkinformation.com/SubscribeDBNForm.cfm  and fill in the information requested.  There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us at admin@bkinformation.com for help.  

Removing Your Email Address From The Distribution List
If you already receive Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear.  Note that the email must be sent from the same email address at which you are receiving the Daily Bankruptcy News. You do not need to type anything in the body of the email message.   If you do not receive an email confirming deletion of your email address from the distribution list  for the publication, contact us at admin@bkinformation.com for help.

Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C.  You can reach us at 281-242-6208 or at admin@bkinformation.com