May 29, 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

         
Deepening insolvency is still a novel theory, but ever-harsher bankruptcy battles may soon bring it to the fore
(DBN Subscription Required)

Facing a Fraud Judgment? Bankruptcy Court Can Help
(DBN Subscription Required)

Law Firms:

Quinn's Quest
(DBN Subscription Required)

Firm Launches London Office With Raid on US Rival
(DBN Subscription Required)

Winstead Ranks High in 2003-2004 Chambers & Partners USA Guide: America's Leading Lawyers
(DBN Subscription Required)

Something to hide at Jones Day?
(DBN Subscription Required)

Firm Builds Management Team
(DBN Subscription Required)

‘Over-billing’ complaint upheld
(DBN Subscription Required)

Fried Frank quizzed over missing Deutsche e-mails
(DBN Subscription Required)

UK lawyers slam levels of senior partner pay
(DBN Subscription Required)

Jones Day set to axe London staff
(DBN Subscription Required)

Too many lawyers are uncomfortable chasing clients for unpaid fees, afraid that it will sour their relationship. The best practice means avoiding problems from the start
(DBN Subscription Required)

Barclays plans US law firm financing invasion with New York move
(DBN Subscription Required)

IT Departments: Measuring performance
(DBN Subscription Required)

In-House - Cost management: is it them vs us?
(DBN Subscription Required)

To shred or not to shred?
(DBN Subscription Required)

_______________________

Penn Traffic boss resigns
(DBN Subscription Required)

Creamery will keep doors open
(DBN Subscription Required)

Telecoms:

Teleglobe takes $30M hit on telecom sale
(DBN Subscription Required)

Judge OKs WorldCom disclosure statement
(DBN Subscription Required)

Judge Denies HSBC's Panel Request In WorldCom Ch 11 Case
(DBN Subscription Required)

________________________

Asbestos:

Armstrong World Industries Lowers Post-Bankruptcy Expectations
(DBN Subscription Required)

Blow for ABB as asbestos lawsuit hit by delays in US
(DBN Subscription Required)

_____________________

Ex-CEO buys Northern Light from Divine
(DBN Subscription Required)

Credit rate hikes spur call for curbs
(DBN Subscription Required)

Magellan Health:

Onex to up stake in Magellan
(DBN Subscription Required)

Onex seeking to buy control of Magellan
(DBN Subscription Required)

____________________

Closure of 60 Eddie Bauer Stores OK'd
(DBN Subscription Required)

Wall Street:

NASD Charges Former Analyst At Merrill Over Tyco Research
(WSJ: separate paid subscription required)

______________________

  DIP Dimensions: Orion Refining Corp. - The company's two-part loan facility is saddled with higher-than-average rates
(DBN Subscription Required)

Letter from Delaware - Lawmakers push for judges, NRG jumps to NYC and Canada targets a licensed trustee
(DBN Subscription Required)

Florida Investment Firm Says It Was Cheated at Bankruptcy Auction
(DBN Subscription Required)

Airlines:

Air Canada flight attendants agree to job cuts
(DBN Subscription Required)

Pilots now lone Air Canada holdout
(DBN Subscription Required)

U.S. Airways CEO threatens move out of Virginia (
(DBN Subscription Required)

5 are leading candidates to oversee Hawaiian Airlines' bankruptcy
(DBN Subscription Required)

Airline crises will leave long-term debt legacy
(DBN Subscription Required)

United Reports $375 Million Net Loss
(DBN Subscription Required)

UAL satisfies lenders despite April loss
(DBN Subscription Required)

Cash Flow A Long-Term Problem For U.S. Airlines
(DBN Subscription Required)

Midwest Air Details Plans To Launch Low-Fare Service
(DBN Subscription Required)

_______________

HQ Global files reorg plan
(DBN Subscription Required)

Conseco:

Trump told to sell part of GM Bldg.
(DBN Subscription Required)

Conseco tops Trump in court
(DBN Subscription Required)

__________________

Energy:

NRG seeks to zap contract
(DBN Subscription Required)

California High Court Cool to Canceling $3.6 Billion Bailout of Electric Firms
(DBN Subscription Required)

FERC to reconsider Powerex Calif collateral issue z
(DBN Subscription Required)

__________________

Accounting:

Deloitte & Touche's Challenges to Insurance Commissioner's Reliance Insurance Suit Rejected
(DBN Subscription Required)

Firms Beef Up Accounting Software As Sarbanes-Oxley Looms
(DBN Subscription Required)

Andersen's conviction needs to be left alone, Enron task force says
(DBN Subscription Required)

Broad support for EU revamp of audit rules
(DBN Subscription Required)

_________________

HealthSouth:

From emperor to outcast
(DBN Subscription Required)

__________________

Ammonia Release Costs Bankrupt Firm $90,000
(DBN Subscription Required)

Economy:

This Recovery Feels Like Recession
(WSJ: separate paid subscription required)

_____________________

Market Fears Are Spreading To Asset-Backed Securities
(WSJ: separate paid subscription required)

Le Meridien scrambles to cut its debt amid takeover fears
(DBN Subscription Required)

 

 

New Bankruptcy Opinions
(2 new opinions today)

Bankruptcy Court Web/Pacer Site Directory

Weird News
(DBN Subscription Required)

3DO Files for Bankruptcy
(DBN Subscription Required)

Bankrupt Adelphia Granted Access to Money
(DBN Subscription Required)

Enron:

Judges put mediator on case
(DBN Subscription Required)

The Mediation Order
(DBN Subscription Required)

Enron, banks ordered to enter mediation
(DBN Subscription Required)

Judges force Enron plaintiffs into mediation
(DBN Subscription Required)

Mediation ordered in Enron cases
(DBN Subscription Required)

Pipeline workers to lose jobs
(DBN Subscription Required)

Enron considers suing advising banks
(DBN Subscription Required)

____________________

Thailand:

Creditors resolute on their planner Thai Administrators tipped for June 2 vote
(DBN Subscription Required)

__________________

England:

Limited Liability Partnerships And UK Real Estate
(DBN Subscription Required)

Pay protest at Equitable meeting
(DBN Subscription Required)

________________

Canada:

JLL to buy Mosaic unit
(DBN Subscription Required)

_________________

Korea:

SK holds out bailout hope
(DBN Subscription Required)

S Korea SK Corp To Stop Supplying Oil Pdts To SK Global
(DBN Subscription Required)

Creditors decide to liquidate SK Global
(DBN Subscription Required)

____________________

England:

Equitable admits it 'came close to bankruptcy'
(DBN Subscription Required)

________________

Germany:

Creditors may block Saban's Kirch takeover
(DBN Subscription Required)

___________________

Mexico:

Grupo TMM, S.A. Provides Update on Legal Proceedings
(DBN Subscription Required)

_________________

Japan:

Top financial regulator could lose job in Japan
(DBN Subscription Required)

Japan's Koizumi Faces Fight To Keep Party Leadership
(WSJ: separate paid subscription required)

Japan Taxpayers Money To Failed Banks Tops Y10 Trillion
(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