May 16, 2003 

Business Bankruptcies Fall Even As Overall Filings Rise
(DBN Subscription Required)

More Americans Face Bankruptcy Blues
(DBN Subscription Required)

Bankruptcy Filings Outnumber Judgeships 5,000-to-1
(DBN Subscription Required)

Airlines:

Hawaiian Air fails to appease creditors
(DBN Subscription Required)

CEO Offers to Step Down at Hawaiian Air
(DBN Subscription Required)

Boeing opposes Hawaiian proposal
(DBN Subscription Required)

AMR sets creditor deals, may still file bankruptcy
(DBN Subscription Required)

American Airlines' Parent Wraps Up $4 Billion Savings Plan
(DBN Subscription Required)

American to Issue Stock to Creditors
(NYT: separate free registration required)

CIBC wins Air Canada court approval
(DBN Subscription Required)

Air Canada defends board of directors
(DBN Subscription Required)

Amid gaffes, airline oversight questioned - Creditors take hard look at carriers' boards
(DBN Subscription Required)

NWA uses competitors' cuts to show need for wage concessions
(DBN Subscription Required)

Roddey, US Air unions discuss costs
(DBN Subscription Required)

__________________

Bankruptcy Code Section 304: Cases Ancillary to Foreign Proceedings
(DBN Subscription Required)

Asbestos:

Asbestos woes could bite USG investors
(DBN Subscription Required)

Asbestos proposal batted around
(DBN Subscription Required)

____________________

Law Firms:

Suspended Partner Calls Pressure to Succeed at NY Firm Too Great
(DBN Subscription Required)

Weak Economy Curbs Dallas-Area Law Firms
(DBN Subscription Required)

Milberg Weiss Accused of Pressuring Firms to Back Politician
(DBN Subscription Required)

Barclays appoints new legal chief
(DBN Subscription Required)

Top Firm Launches New Satellite After Month of Raids on Rivals
(DBN Subscription Required)

Less Help Wanted
(DBN Subscription Required)

US Firm Partners With UK Rival
(DBN Subscription Required)

Summer Associates: Ten Tips for Making a Favorable Impression
(DBN Subscription Required)

Don't Go to Hell
(DBN Subscription Required)

Firms Raise Associate Salaries - Are They Out of Their Minds?
(DBN Subscription Required)

___________________

Enron:

Enron Examiner Sees Conflicts of Interest; Wants Others to Make Some Decisions
(DBN Subscription Required)

Enron Raises Nearly $1M in Art Auction
(NYT: separate free registration required)

__________________

Steel:

Bayou Steel Misses Deadline To File Second-Quarter Report
(DBN Subscription Required)

Bethlehem Steel Sees $2.3 Bln Asset Impairment From Sale
(WSJ: separate paid subscription required)

Algoma seeks way to reduce 600 layoffs
(DBN Subscription Required)

______________________

Selling the small investor down the bankruptcy river
(DBN Subscription Required)

Bankruptcy bill would help investment bankers
(DBN Subscription Required)

Bankruptcy reform to heat up again
(DBN Subscription Required)

__________________

Energy:

CEO: Bankruptcy an option for NorthWestern Corp.
(DBN Subscription Required)

Judge Approves $70M Interim Financing for NRG Energy
(DBN Subscription Required)

NYSE says to delist NRG corporate units
(DBN Subscription Required)

NRG Energy Won't Appeal NYSE Suspension
(DBN Subscription Required)

Possible NRG Contract End Could Raise Prices
(DBN Subscription Required)

Connecticut Attorney General Seeks Order Ensuring Power Flow to State Utility
(DBN Subscription Required)

Utility Companies Dispute May Result in Increased Costs in Connecticut
(DBN Subscription Required)

__________________

Firms look at buying bankrupt Ingersoll
(DBN Subscription Required)

Farmland Attorney: Co. Should Reorganize, Not Take Offers
(DBN Subscription Required)

Valley Media Asks For More Time For Reorganization Plan
(DBN Subscription Required)

Accounting:

Confronting SarbOx
(DBN Subscription Required)

Audit Committee Financial Experts and Senior Management Codes of Ethics
(DBN Subscription Required)

FASB Improves Accounting for Financial Instruments
(DBN Subscription Required)

__________________

Kmart:

Martha Wants Kmart Minimum Royalty
(NYT: separate free registration required)

___________________

Personal Bankruptcy Cases Growing
(DBN Subscription Required)

Spiegel Reports $131 Million Quarterly Loss
(DBN Subscription Required)

Detroit Medical Center may hire bankruptcy lawyer to handle finances
(DBN Subscription Required)

Eagle strategizing ways to soar out of bankruptcy
(DBN Subscription Required)

Wherehouse Entertain Gets More Time For Turnaround Plan
(DBN Subscription Required)

HALO Industries Closes Sale to H.I.G. Capital
(DBN Subscription Required)

April Price Drop Underscores Risk of Deflation in Economy
(WSJ: separate paid subscription required)

Bankruptcy Filings in Arkansas Lag Behind National Trends
(DBN Subscription Required)

Stevens Financial Group lawyer admits filing false papers
(DBN Subscription Required)

Anti-Money Laundering Review
(DBN Subscription Required)

Executive says rival's Aladdin bid received edge
(DBN Subscription Required)

American HomePatient posts profit, awaits reorganization plan ruling
(DBN Subscription Required)

LapLink emerges from Chapter 11 with new owner
(DBN Subscription Required)

Consider bias in seeking bankruptcy advice
(DBN Subscription Required)

Kaiser Aluminum posts wider quarterly loss
(DBN Subscription Required)

Reconciling the Different Interests of Equity Investors and Lenders in NMTC Investment Funds - -   Part Two
(DBN Subscription Required)

HealthSouth Cutting 80 More Office Jobs
(DBN Subscription Required)

New Bankruptcy Opinions
(1 new opinion today)

Bankruptcy Court Web/Pacer Site Directory

Weird News
(DBN Subscription Required)

Telecoms:

WorldCom's creditor face-off begins
(DBN Subscription Required)

Verizon Trying To Block MCI Bankruptcy Emergence
(DBN Subscription Required)

Chapter 11: Laundering Fraud?
(WSJ: separate paid subscription required)

Global Crossing wants more time to file reorg plan
(DBN Subscription Required)

Indiana objects to MCI reorg plan
(DBN Subscription Required)

Marconi: US Bankruptcy Court Orders Obtained
(DBN Subscription Required)

After WorldCom: How Much Consolidation Can U.S. Telecom Regulators Permit?
(DBN Subscription Required)

States launch criminal investigations into WorldCom accounting
(DBN Subscription Required)

___________________

The Ever-Changing World Of D&O Insurance
(DBN Subscription Required)

Conseco:

Conseco Creditor Panel Opposes Securities Settlement
(DBN Subscription Required)

Conseco Debt Hldrs: Reorg Plan 'Artificially Manipulated'
(DBN Subscription Required)

_______________________

Divine Debacle
(DBN Subscription Required)

Cintech notifies SEC of late filing
(DBN Subscription Required)

Enron, Qwest Denied Tax Refunds on Bogus Earnings by Senate
(DBN Subscription Required)

Dice reorg rolls ahead
(DBN Subscription Required)

Adelphia: What Did They Know?
(DBN Subscription Required)

Mississippi Chemical files for bankruptcy
(DBN Subscription Required)

Judge OK's sale of Kleinert unit
(DBN Subscription Required)

Alterra Healthcare Narrows 1Q Net Loss To $12M Vs $74M
(DBN Subscription Required)

Denver: Global Water Technologies files Chapter 11
(DBN Subscription Required)

Korea:

Jinro appeals insolvency ruling
(DBN Subscription Required)

Korea Distiller Is Ordered Into Bankruptcy
(DBN Subscription Required)

______________________

Thailand:

Creditors of Thai Petrochemical Firm Seek Vote on Default
(DBN Subscription Required)

Credit Agency Warns Thai Government against Meddling in Petrochemical Affair
(DBN Subscription Required)

_____________________

England:

Debt firm boss missing
(DBN Subscription Required)

____________________

Mexico:

Grupo TMM, S.A. Announces Legal Proceeding in Mexican Court
(DBN Subscription Required)

_____________________

Japan:

Stalled Japan Recovery to Put Pressure on Government
(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.  

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