March 26, 2003 

Airlines May Not Get Massive Bailout
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Bankruptcy looms in battle for airline bail-out
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Bankruptcy's virtue
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Airlines unlikely to get $9b
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Frist Revives Hopes for Airline Bailout
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Airline Traffic Declines 10% Since the War in Iraq Began
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United Can Meet Loan Conditions
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Airlines will get U.S. help, top GOP senator says
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Airline-Backed Muni Debt Takes Toll on Some Funds
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Machinists offer United $2.5 billion in cuts
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America West to Lay Off Managers, Administrators
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U.S.-Iraq War May Worsen Aerospace Woes
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AirTran finds its redemption
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Problems mounting for Las Vegas airlines
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Air Canada bailout `a mistake'
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Pinched Delta gives bonuses to execs
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AMR Union Sees Vote on Concessions Soon
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Bracing for a turbulent ride - and a hard landing
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Air Canada turns down union request for arbitration on force majeure layoffs
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Fallout from high fuel prices just beginning
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EU OKs AXA's Purchase Of Petroleum Parts Maker Tokheim
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DirecTV Latin Amer Asks To Continue Staff Retention Plan
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Boston: Sector slump pushes PCD to file Ch. 11
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Corporate Reform:

Professional Directors On Board at The Professional Directors Institute
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Furr's:

Furr's hires sale adviser
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Furr's Restaurant Group, Inc. Retains Murphy Noell Capital as Financial Advisor
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Furr's seeks a buyer
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Steel:

National Steel Suitors Get Time for Talks
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With vow broken, retirees steel themselves for tough times
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Trustee of Bankrupt Telecom Company Sues Proskauer Rose for Malpractice
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WorldCom Seeks Extension to File Data
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Untenable position / Richard Perle is too conflicted to stay
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Court Approves WorldCom Unit's Settlement With Verizon
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Victims of Slatkin Scam Target Church
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Enron:

Enron Sues Nevada Electric Cooperative
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Charges against former Azurix chief dismissed
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Watkins Gets Frank About Days at Enron
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$10 bil. Philip Morris verdict could have impact on Kraft, force Philip Morris into bankruptcy
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Philip Morris asks Illinois legislature to lift $12b burden
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Ten Easy Ways to Make a Loan Nonsecuritizable
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Kmart:

Kmart's anonymous letters lack sense
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Court Clears Kmart-Fleming Settlement
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Trump rides rising tide in Atlantic City
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Energy:

Banks Come To Bargaining Table On Big Energy Loans
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FERC Expected to Demand Refunds From Energy Suppliers
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Xcel Energy Announces Preliminary Settlement with NRG Creditors
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Feds go public with power crisis secrets
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College Credit
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Town faces bankruptcy over grant repayment demand
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Wall Street Strategies Files for Bankruptcy Court Protection
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Accounting:

The New Economy’s Sore Losers
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Refinancing of homes soaring - Default worries also are mounting
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Boots & Coots Nets Iraq Oil Fire Contract
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US Cavalry back from bankruptcy
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Officials seek new health plan for Great Northern retirees
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New Bankruptcy Opinions
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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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HealthSouth:

NYSE seeks to delist HealthSouth
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HealthSouth faces bankruptcy fight
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HealthSouth hires auditors, lawyers and turnaround firm
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HealthSouth's Share Price Sinks 97%
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HealthSouth Finance Officials May Sign Plea Agreements
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Sears is seeking to sell its credit-card business amid rising delinquencies
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Law Firms:

Cravath Closes Its Hong Kong Office
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Legal Business Tangles in Latin America
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King & Spalding turns to Freshfields for first London hire
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Biglaw Firm Inks Deal For New Midtown Address
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As Fried Frank merger vote nears, Ashursts wavers on lockstep
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Ince and Weil Gotshal set for insurance litigation face-off
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Clifford Chance rebel just won't go quietly
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Welch Wants to Read Ex-Wife's Personnel File From Shearman & Sterling
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Legal weirdness at work
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B&M reaches settlement with fired partner
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Watson Farley grows London and New York
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Dentons to defer associate starts
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In the war zone - measures Western law firms are taking to protect staff in the Middle East
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Partners de-equitised in Magic Circle firm shake-up
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Middle East law offices stand firm as war rages
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England:

MP Calls For Changes in Bankruptcy Laws to be Reversed
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Canada:

Canadians not so free-spending with credit cards
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