November 14, 2003 

Steel:

Weirton Steel Faces Creditors in Hearing
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Weirton Steel Closer To Emerging From Bankruptcy; Steel Loan Guarantee Program Board Grants Participation
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Bush weighs lifting imported-steel tariffs
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Torn over steel tariffs - Producers say they aren't harmful; consumers disagree
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Cutting off our noses simply to spite the WTO
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Steel Firm's Fate Up to Judge
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Energy:

Banks block distressed asset sales
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Ex-Dynegy executive convicted of fraud
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California's Energy Crisis Declared Ended
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FirstEnergy Reaches Settlement with Xcel's NRG Unit
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PG&E plan riles up consumer group
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Creditors Object To NRG Energy's Ch 11 Plan, Xcel Deal
(WSJ: separate paid subscription required)

FERC approves $1.6 bln El Paso settlement in California
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Governor candidate Davison blames NorthWestern for troubles
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NRG Energy: Seeks Crt OK Of New CEO's Pay Package
(WSJ: separate paid subscription required)

Mirant gets more time to file reorganization plan
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Airlines:

US Airways Denies It Wants a 'Bailout' in Lease at Pittsburgh Airport
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Delta pilots offer counterproposal
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Air Canada shares begin final descent
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Air Canada's high flyer
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Ottawa had role in Air Canada's pension flop
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Accounting:

Ex-Gateway officers charged with fraud
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Dixon Odom, Crisp Hughes Evans Join Forces
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E&Y revenues grow 8% in 'toughest market', boosted by a strong performance in its corporate restructuring
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Senator Urges Caution On Accounting Reform
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E&Y blames red tape for stalled growth
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Deloitte's BSkyB role in balance
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Official announces deal to sell disputed Emerald license
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Casino license deal has hitch
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Legal fees for Enron 'shocking' in stature
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Enron indictment may add money laundering
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Enron Again Revises Chapter 11 Plan, Boosting Recoveries
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Enron Gets Approval To Sell Canadian Paper Ops For $205M
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Portland, Ore., Utility Records $4 Million Loss Linked to Enron Turmoil
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Duncan Sentencing Likely to be Delayed—Again

Breakup of PGE is not in Enron's proposal
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Claim Sounding in Breach of Contract May Not Be an Unsecured Claim
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Austin: Car warranty seller seeks bankruptcy
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Telecoms:

Buffett sells most of Level 3 stock
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SBC Sees Access Lines Trends Up
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PanAmSat Buys Network Assets Of Sonic Telecom
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Globalstar Will Cease Ops If Sale Not Approved Nov 20
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Level 3 Hit as Berkshire Sells
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Judge approves sale of Touch America assets
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Qwest to Purchase Assets From Touch America and 360networks
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Asbestos:

James Hardie accused of evading asbestos liability
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Corporate Reform:

Schwab CEO warns vs new rules in wake of scandals
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FleetBoston subpoenaed for trading
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Putnam and SEC Reach Agreement
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Execs’ Sentencing Delayed
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HealthSouth cuts jobs, planes; additional probe is reported
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Municipal Bond Outlook for 2004 Is Anxious and Grim
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Perelman to Aid Revlon Cash Squeeze With Loan of $125 Million
(NYT: separate free registration required)

Emergency Supplier in Utah Overwhelmed by Rapid Buildup, Slowed Sales
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Filling Medicare's prescription for bankruptcy
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Cone Mills to Eliminate 190 Jobs
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Fannie Mae In Delicate Balancing Act On Mobile Homes
(WSJ: separate paid subscription required)

Cygnus 'in jeopardy,' says CEO, brink of bankruptcy
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New Bankruptcy Opinions
(1 new opinion today) 

Bankruptcy Court Web/Pacer Site Directory

Weird News
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Thaxton Life Partners Seeks Bankruptcy Protection
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Lasersight Again Fails to Timely File SEC Report; Continues Reorganization Discussions
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Law:

Greenberg Traurig's Strategic Move Into Dallas
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Lawyer by Day, Con by Night
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Haynes and Boone moving
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Amerco nearing better times
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Tecstar reorg plan clear
(The Deal: separate paid registration required)

Eyeglasses Maker BMC Industries Renegotiates with Lenders
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BMC Industries Inc. financing in doubt
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Predatory charges settled by servicer for $40m
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Gingiss in talks with creditors
(The Deal: separate paid registration required)

Former Medical Select executive sentenced to prison for embezzling $1 million
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UK:

Regus sets world to rights
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Indigo says drops bid interest in UK's Regus
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Widening Tussle Over London Office Complex
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Insurers mull off-shore move
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Potential buyers emerge for Hibernia Foods group
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Japan:

Mizuho, Six Other Banks to Raise Provisions
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Japan's banks a lifeline for 'zombie' firms
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EU:

Expert group calls for reform of insolvency laws and social attitudes to bankruptcy
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Germany:

German Court Rejects Compensation Claim Against Tobacco Company
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Korea:

Consumer Loan Insolvency Could Trigger Financial Crisis
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Hong Kong:

Hong Kong Personal Bankruptcy Orders Rise In October
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