March 20, 2003 

Bankruptcy reform sails through House
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House approves bankruptcy overhaul
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HR 975

House Passes Bankruptcy Bill
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House OKs curbs on consumer debt relief
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US House Passes Bankruptcy Bill Without Abortion Measure
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Law Firms:

Singing For Supper, Dewey Hits Bad Note
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Greed not so good as cult US site censored
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Clifford Chance Rethinks Compensation Plan
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Simpson Thacher hires leading litigator after damning Global Crossing report
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Producing Those Documents - Drudgery of the past gives way to digital processes
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The ties that bind come undone
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Shearmans launches legal IP patents first
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Bingham McCutchen merger boosted by 20% profits leap
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Brobeck employees sue Morgan Lewis
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Handbags at dawn, NY style
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A&O lose insolvency partner to Davis Polk
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China, Land of Opportunity for Foreign-trained Lawyer
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Mayer Brown posts 13% increase in fee income
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Paul Weiss cements position at forefront of US market
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Firm's Longtime Chairman Steps Down
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Firm axes 14 associates
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Practicing Law by E-Mail
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Bankruptcy Partner's Divorce Woes Lead To Criminal Charges and Resignation
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Race Matters - Law firms are recognizing that diversity is about business. Just ask their clients
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U.S. Mounts New Attack on Privilege - Corporate defense bar sees threat to vigorous counseling
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Advanced Tissue sale OK'd
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ANC-Lehman settlement is approved
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The Wiz gets $3M in interim DIP financing
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Toughing it out
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Goodyear faces credit crunch
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Iraq tensions spawn stocks cult hero
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Airlines:

War Shakes Struggling Airline Sector
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War could trigger airline bailout
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Sen McCain Asks White House For Position On Airline Aid
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War seen raising air fares
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US Airways faces critical final stretch
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United revises low-cost carrier plan in bid for support
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War could lead more airlines to bankruptcy
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War could allow airline layoffs without violating union deals
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US Rep Oberstar Introduces US Airline Aid Bill
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War will plunge airline finances into a downward spiral
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Continental Airlines to Cut 1,200 Jobs
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Airlines Angle To Grab Assets From Weak Competitors
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Airline hopes stay grounded
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Vanishing act - Liquidations are rising as turnarounds get tougher
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Energy:

Williams Cos. Must Sell Off Assets to Avoid Bankruptcy
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El Paso Edges Toward Deal With California
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DIP Dimensions: Sun World International - An impromptu auction breaks out over DIP financing
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Bothell firm LapLink lines up buyer before bankruptcy
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Asbestos:

Law firm working on asbestos proposal
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Armstrong Holdings Gets Inquiries About WTC
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Adelphia:

Adelphia Founder to Sell Home to Pay Bills
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Adelphia adds two senior executives
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Telecoms:

Utility commission staff prefers Qwest bankruptcy to Qwest Dex sale
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Judge Approves Settlements Between WorldCom, 4 Companies
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Devon Mobile Asks For More Time To File Exclusive Plan
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Marconi professional fees in excess of £40m
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New Bankruptcy Opinions
(3 new opinions 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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Enron:

Enron scraps pipeline auction
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Enron/PipeCo: Board Considered Multiple Bids
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Nice work if you can get it
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Enron to spin off pipeline holdings
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Enron CEO Sees PipeCo Unit As 'Highly Profitable'
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Enron directors eye return to roots in the creation of pipeline company
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Enron, Texas PUC Reach Settlement on Overscheduling
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Price of Enron 'E' Signs Still Dropping
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Enron plan for three pipelines
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Judge rules suppliers can keep Payless payments
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Steel:

Bethlehem Steel Retirees Caught Off Guard by Health Insurance Costs
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Corus Bondholders May Form Committee
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Credit firms must be vigilant
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Rand McNally:

Rand McNally sale advances
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Rand McNally Set to Exit Bankruptcy in March
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Korea:

Creditors Declare SK Global Troubled, Vote for Bail Out
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England:

Amicus plans legal challenge on protection of pensions at insolvent companies
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Barristers seek compromise in drive for ‘single profession’
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IBA unveils post-Enron taskforce
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First loss for Jones Day as insolvency partner Curtin quits
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Hamilton's house dispute ends
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Losses grow at national firms as partner exodus continues
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Firms are axing too few partners
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Students close to choosing bankruptcy
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