November 11, 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

         
Enron:

Enron reorganization plan in jeopardy - Bankruptcy case official says compromise has fallen apart
(DBN Subscription Required)

Some Enron Creditors' Support of Bankruptcy Plan Wavers
(DBN Subscription Required)

Enron's Legacy: Losses for Utilities
(DBN Subscription Required)

__________________

NBTY Profit Drops in 4th Quarter On Twinlab Loss
(DBN Subscription Required)

Airlines:

Air Canada kills Cara deal
(DBN Subscription Required)

Air Canada unions still plan to fight
(DBN Subscription Required)

Airline rescue to test Lis' patience
(DBN Subscription Required)

Li sticks to family script with Air Canada stake
(DBN Subscription Required)

Air Canada unions not impressed - Workers resent millions of dollars in executive bonuses as part of deal
(DBN Subscription Required)

Cara, Air Canada Both Have Leverage In Pact Talks
(DBN Subscription Required)

Pick your Air Canada seat, for a fee
(DBN Subscription Required)

Air Canada's Milton Gets Li's Backing to Remain CEO
(DBN Subscription Required)

How Victor Li will remake Air Canada
(DBN Subscription Required)

Air Canada stock rises despite equity deal that suggests they're worthless
(DBN Subscription Required)

'Ted' appears to be United's ticket for latest climb into low-cost skies
(DBN Subscription Required)

UAL identifies potential bankruptcy exit lenders
(DBN Subscription Required)

After Thousands of Layoffs, American Airlines Finally Stabilizes Its Workforce
(DBN Subscription Required)

____________________

Creditors' committee formation dynamics: Issues in the real world
(DBN Subscription Required)

Telecoms:

Citigroup, Grubman, Andersen Bid For MCI Documents Denied
(DBN Subscription Required)

Superior TeleCom Inc. Completes Restructuring
(DBN Subscription Required)

Sale of Touch America may not be certain
(DBN Subscription Required)fs

__________________

Steel:

U.S. Loses Trade Ruling Regarding Steel
(DBN Subscription Required)

Steel tariff decision may spark trade war
(DBN Subscription Required)

EU, Japan Get WTO Clearance to Sanction U.S. on Steel
(DBN Subscription Required)

Industry, Union Urge Bush to Retain Steel Tariffs
(DBN Subscription Required)

White House faces delicate economic-political decision on fate of steel tariffs
(DBN Subscription Required)

International Steel Group Says WTO Ruling Does Not Terminate US Steel Safeguards
(DBN Subscription Required)

Filing of Bayou Steel Corporation's Plan of Reorganization
(DBN Subscription Required)

Bayou Steel sees emerging from Chapter 11 in Feb
(DBN Subscription Required)

________________________

Jones-Tyson matchup could become reality
(DBN Subscription Required)

Industry-wide Impact of Loral's Bankruptcy
(DBN Subscription Required)

Poor credit can still raise insurance rates for now
(DBN Subscription Required)

Judge Approves Cone Mills Bid Procedures Agreed Upon by Creditors
(DBN Subscription Required)

'Perfect Storm' ; After Showing A Profit In 2002, Cone Mills Took A Rapid Dive Into Bankruptcy. How Did It Happen?
(DBN Subscription Required)

TJX Cos. to Keep Most of Bob's Chain Open
(DBN Subscription Required)

Congress moves towards FCRA reauthorization
(DBN Subscription Required)

Practical lessons in using intellectual property as collateral
(DBN Subscription Required)

The uniformity power: Why bankruptcy is different
(DBN Subscription Required)

  Mayor Seeks Distressed Financial Status For Pittsburgh
(DBN Subscription Required)

Asbestos:

U.S. asbestos bill draws big lobby spending
(DBN Subscription Required)

_____________________

FAO:

More Bad News For FAO Inc.
(DBN Subscription Required)

FAO Gets Notice of Default From Lenders
(DBN Subscription Required)

FAO Credit Crisis
(DBN Subscription Required)

FAO Default Poses Threat of Return To Bankruptcy
(WSJ: separate paid subscription required)

______________________

Energy:

PG&E finance chief leads off bankruptcy trial
(DBN Subscription Required)

U.S. Bankruptcy Judge Starts Trial On PG&E Plan
(DBN Subscription Required)

Dynegy Auditor Testifies Advice Ignored
(DBN Subscription Required)

Bankruptcy Judge Allows NorthWestern to Pay Bills from Montana Wildfire
(DBN Subscription Required)

NorthWestern Corp. Bonus Payments to Executives Get Bad Reaction in Montana
(DBN Subscription Required)

Suburban Propane Partners, L.P. Announces Signing of Asset Purchase Agreement to Acquire Agway Energy
(DBN Subscription Required)

Xcel Still Waits on Go-Ahead on NRG Energy Assets' Transfer
(DBN Subscription Required)

Xcel's optimism rings hollow
(DBN Subscription Required)

FERC gives final rejection to Western power contracts
(DBN Subscription Required)

_____________________

Accounting:

US Senate hearings to target corporate tax dodging
(DBN Subscription Required)

Call for Increased Tax Shelter Penalties
(NYT: separate free registration required)

Witness tells of reaction to Dynegy's Alpha
(DBN Subscription Required)

PCAOB Considering Two Auditing Standards, Amendment to Interim Auditing Standards

Trial begins for financier Harris in offshore-tax scheme
(DBN Subscription Required)

Memo at Rosie Trial Reveals Plan to 'Manage Financials'
(NYT: separate free registration required)

Sarbanes-Oxley Has Companies Scrambling
(DBN Subscription Required)

_________________

As companies fold, cities gamble on subsidies don't always pay off
(DBN Subscription Required)

GenTek Completes Chapter 11 Reorganization; Closes on $125 Million Credit Facility and Announces New Board of Directors
(DBN Subscription Required)

A new limit on the new value preference defense
(DBN Subscription Required)

Burlington Industries negations announcement soon
(DBN Subscription Required)

Bankruptcy judge named
(DBN Subscription Required)

Appraising postconfirmation leaders: The underutilized confirmation requirement
(DBN Subscription Required)

eNucleus, Inc. Emerges from Bankruptcy; Receives Final Decree
(DBN Subscription Required)

Corporate Reform:

Critics Slam Focus of Mutual Fund Probe
(NYT: separate free registration required)

Tyco Faked Luxury Apartment Addresses, Jurors Told...
(DBN Subscription Required)

Koz Was Tyco's Loan Arranger, Accountant Says
(DBN Subscription Required)

Witness cites account for Tyco ex-CEO / Former company officers accused of looting the company of $600 million
(DBN Subscription Required)

Financial World's Scandals Keep Spreading
(DBN Subscription Required)

Mutual Funds in Crisis
(DBN Subscription Required)

SEC to Wall Street: Time to Clean It Up
(DBN Subscription Required)

___________________

Credit Quality for North American Chemical Companies Continues Negative Trend
(DBN Subscription Required)

 

 

New Bankruptcy Opinions
(2 new opinions today) 

Bankruptcy Court Web/Pacer Site Directory

Weird News
(DBN Subscription Required)

"The Buck Stops at the CEO" - And sometimes, Chapter 11 is the only way out
(DBN Subscription Required)

Law:

Alvarez & Marsal open new Denver office
(DBN Subscription Required)

Cozying Up to Judges, and Reaping Opportunity
(NYT: separate free registration required)

Talk of Wiretaps Rattles Hollywood
(NYT: separate free registration required)

Partner Names Get Trimmed as Firms Follow National Trend
(DBN Subscription Required)

Law school's first graduating class achieves highest pass rate on bar
(DBN Subscription Required)

I'll give you a tinkle
(The Lawyer: separate free registration required)

Law firm management shake-up merges IT and business strategies at board level
(DBN Subscription Required)

Allen & Overy set for LLP conversion by end of financial year
(The Lawyer: separate free registration required)

___________________

Fleming's Woes Turn Spotlight on Food Industry
(DBN Subscription Required)

Bankruptcy bid reveals skin skid
(DBN Subscription Required)

DEN: A Den Of Iniquity
(DBN Subscription Required)

Labor Union Files for Bankruptcy
(DBN Subscription Required)

UK:

Festive buyers ignore rising interest rates
(DBN Subscription Required)

International Power Shares Plunge on Profit Outlook
(DBN Subscription Required)

Bankruptcy Is Not An Easy Option
(DBN Subscription Required)

The extent to which directors' and officers' insurance cover can protect against Enron-type liability
(The Lawyer: separate free registration required)

Insolvency law spotlighted
(DBN Subscription Required)

Pensions crisis to cost 27bn a year
(DBN Subscription Required)

UK directors' insurance costs seen flat in 2004
(DBN Subscription Required)

There has been a minor revolution in the corporate restructuring market in the past few years
(The Lawyer: separate free registration required)

IMCO Plastics Limited (in administrative receivership)
(DBN Subscription Required)

Missed opportunities - The Enterprise Act could have introduced a Chapter 11-style process for restructuring in the UK
(The Lawyer: separate free registration required)

___________________

EU:

Europe aims to take the sting out of bankruptcy
(DBN Subscription Required)

_______________

Germany:

IG Farben to file for bankruptcy
(DBN Subscription Required)

Bankruptcy threatens firm paying Nazi-era damages
(DBN Subscription Required)

___________________

Malaysia:

Suicides force officials to act against loan sharks
(DBN Subscription Required)

________________

Korea:

S Korea's credit binge breeds debt, despair and suicide
(DBN Subscription Required)

__________________

Indonesia:

Asia Pulp -- Restructuring Debt or Mindset?
(DBN Subscription Required)

__________________

Australia:

Elliott appeal slated for February
(DBN Subscription Required)

Federation left with nothing
(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