November 17, 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

         
Personal bankruptcies hit record high But starting over with a clean slate could soon get harder
(DBN Subscription Required)

Personal bankruptcies have doubled in last 10 years, data shows
(DBN Subscription Required)

Personal bankruptcies are up 7.8%, U.S. says
(DBN Subscription Required)

Bankruptcies trend upward, but rate slows
(DBN Subscription Required)

Bankruptcy Filings Go Through the Roof
(DBN Subscription Required)

Colo. bankruptcy filings up 24%
(DBN Subscription Required)

Orange County, Calif.-Area Personal Bankruptcy Filings Hit Three-Year Low
(DBN Subscription Required)

Asbestos:

Friend now foe in Armstrong bankruptcy
(DBN Subscription Required)

Grace Creditors Ask Judge to Step Aside Over Advisers
(NYT: separate free registration required)

ABB CFO says sure court will confirm asbestos deal
(DBN Subscription Required)

ABB Says New Appeals Hearing Date Jan 12
(DBN Subscription Required)

'I used to eat asbestos'
(DBN Subscription Required)

Asbestos litigation fans flames for judicial reform
(DBN Subscription Required)

____________________

Accounting:

Senate finds accountants, lawyers hawked abusive tax shelters
(DBN Subscription Required)

KPMG faces hearing over tax shelters
(DBN Subscription Required)

Life after Andersen
(DBN Subscription Required)

Survivors head to the bank
(DBN Subscription Required)

__________________

Steel:

U.S. Steel Challenges Bid for Rouge
(DBN Subscription Required)

Judge: Weirton Steel Can Proceed With Plan
(DBN Subscription Required)

Residents collect goods for laid off steel mill workers
(DBN Subscription Required)

Steelmaker Bayou intends to remain independent - has rejected several buyout offers
(DBN Subscription Required)

Ex-AK Steel executives could seek $63 million
(DBN Subscription Required)

Steeled for trade war
(DBN Subscription Required)

For Steel Makers, Musical Chairs
(NYT: separate free registration required)

Weirton Steel Creditors Want Reorganization Plan Rejected
(DBN Subscription Required)

Key senator presses Bush to lift steel tariffs
(DBN Subscription Required)

Steel Tariffs Resist An Easy Solution
(WSJ: separate paid subscription required)

Steel mill, union workers reach deal in labor dispute
(DBN Subscription Required)

__________________

Consolidated Freightways readies for huge auction
(DBN Subscription Required)

Debt Solutions Should Not Be Costly
(DBN Subscription Required)

Young buyers get a credit reporting boost from Sallie Mae
(DBN Subscription Required)

Newbiz: Escaping Small Business Debt
(DBN Subscription Required)

Bankrupt Kaiser Aluminum 3rd-qtr loss widens
(DBN Subscription Required)

Health insurance woes hit U.S. middle class
(DBN Subscription Required)

Telecoms:

WorldCom, Nextel in wireless talks
(DBN Subscription Required)

WorldCom Delays Filing Latest Report
(DBN Subscription Required)

Speedus Announces Globalstar Offer
(DBN Subscription Required)

Globalstar will shut down if sale not OK'd
(DBN Subscription Required)

Bankrupt Network-Equipment Firm in Quakertown, Pa., May Be Broken Up
(DBN Subscription Required)

___________________

Improved Economy Doesn’t Lead to Popping of Corks
(NYT: separate free registration required)

Tampa: Creditors left holding debt as BVP folds: Letter says don't bother filing for legal recovery
(DBN Subscription Required)

Halibrand files Chapter 7 bankruptcy, CEO opens similar company
(DBN Subscription Required)

The Ten Most Important Bankruptcy Code Sections
(DBN Subscription Required)

Consumers Who Boosted Growth Now in Debt Trap
(DBN Subscription Required)

Creditor suing former Great Northern owners
(DBN Subscription Required)

Funeral home fraud leaves trail of victims
(DBN Subscription Required)

ROHN Industries, Inc. Enters into Agreement for Sale of Assets
(DBN Subscription Required)

UK's Regus extends recovery on U.S. office optimism
(DBN Subscription Required)

As Bankruptcy Looms, Santa Paula Hospital Plan Dies
(DBN Subscription Required)

Insurance empire takes hard knocks in court
(DBN Subscription Required)

Longview alumina supply accord ruled expired-Alcoa
(DBN Subscription Required)

  Enron:

Enron rebukes facilitator's remarks - says ENA examiner "bungled" his role
(DBN Subscription Required)

Enron: Bankruptcy May End Up Costing $1B
(DBN Subscription Required)

Buyer Of Enron Newsprint Mill May Divest Related Assets
(DBN Subscription Required)

Enron continues to liquidate assets
(The Deal: separate paid registration required)

Enron's lessons elusive
(DBN Subscription Required)

2 depressing chronicles of greed run wild at Enron
(DBN Subscription Required)

Enron addresses PGE concerns
(DBN Subscription Required)

Oregon's bill to Enron grows
(DBN Subscription Required)

__________________

Debt counseling leads to deeper credit woes
(DBN Subscription Required)

Commerce One Needs to Raise Cash to Avoid Bankruptcy
(DBN Subscription Required)

Airlines:

Storm gathers over sky-high compensation for top Air Canada executives
(DBN Subscription Required)

UAL's Tab At $71m ; Airline's Legal, Other Costs To Exit Bankruptcy On Pace To Surpass $120 Million
(DBN Subscription Required)

Behind the smiles, weary flight attendants
(DBN Subscription Required)

Air Canada traffic falls 10.9%
(DBN Subscription Required)

Hawaiian flying high
(DBN Subscription Required)

Northwest's $7 Chicken Lunch in Coach Falls Short
(DBN Subscription Required)

Indianapolis' deal with United shows hazards of incentive game
(DBN Subscription Required)

__________________

Behind Bright Toys, F. A. O. Schwarz Teeters
(NYT: separate free registration required)

Selling Toys Not So Fun Anymore for Specialty Retailers
(DBN Subscription Required)

Is a Single-Member LLC a Tool for Asset Protection?
(Martindale: separate free registration required)`

Law:

Planning your estate via the Web
(DBN Subscription Required)

Exxon Loses $11.9B Verdict
(DBN Subscription Required)

NYC Law Firm Members On Recruiting Trip Killed In Va. Fire
(DBN Subscription Required)

Leaving the city behind: Law firms follow corporate clients out of Boston and into suburbia
(DBN Subscription Required)

Massive fraud case hits law firm, California company
(DBN Subscription Required)

SanDisk Announces Settlement Agreement with Its Taiwan Law Firm After Massive Fraud
(DBN Subscription Required)

Legal Marketing Comes of Age
(DBN Subscription Required)

Law firms make some headway in work-life balance: Organizations say there is still room for improvement
(DBN Subscription Required)

Law firms tailoring practice areas to be industry-specific: Attorneys say groupings lead to improvements in training and service
(DBN Subscription Required)

Paul, Hastings Names 11 New Partners
(DBN Subscription Required)

Miami-Based Law Firm Opens Dallas Office
(DBN Subscription Required)

Law firms work on final details of merger plan
(DBN Subscription Required)

Cleary, Gottlieb Names Two Partners
(DBN Subscription Required)

IP firm targeted for buyout
(DBN Subscription Required)

Partners Make Acting Debut in HBO Drama
(DBN Subscription Required)

Firm still feasting on remains of Brobeck
(DBN Subscription Required)

Downtown Tampa holding onto interest of law firms
(DBN Subscription Required)

_________________

On the ice, attendance figures going cold
(DBN Subscription Required)

AMERCO Reports Second Quarter Fiscal Year 2004 Results
(DBN Subscription Required)

HomeGold:

HomeGold investors file federal civil lawsuit
(DBN Subscription Required)

Why It Matters
(DBN Subscription Required)

HomeGold trustee sues for $1 billion
(DBN Subscription Required)

__________________

Consumers making debt a way of life
(DBN Subscription Required)

The consumer's liquidity crisis is the worst that Wal-Mart has seen and is the most pronounced in the last five to seven years
(WSJ: separate paid subscription required)

Bankrupt Loral says 3rd-qtr loss more than doubles
(DBN Subscription Required)

Debt can be demon even for solid firms
(DBN Subscription Required)

Hollinger Filing Shows Payments Possibly Not Approved
(DBN Subscription Required)

Doctors may get half of Medical Select Management claim
(DBN Subscription Required)

 

 

New Bankruptcy Opinions
(3 new opinions today) 

Bankruptcy Court Web/Pacer Site Directory

Weird News
(DBN Subscription Required)

Energy:

Seitel Announces Third Quarter and Nine Month 2003 Results
(DBN Subscription Required)

NorthWestern Reports Third Quarter 2003 Financial Results
(DBN Subscription Required)

US, state dispute NWC plan to limit liability at Milltown
(DBN Subscription Required)

PSC urged to probe energy prices - Montana utility regulators are jumping all over NorthWestern Corp.'s bankruptcy case
(DBN Subscription Required)

Bidders sniffing at utility
(DBN Subscription Required)

PPL lands Conn. Light&Power supply contract
(DBN Subscription Required)

Two North Dakota-Based Energy Companies Bid for Montana Business
(DBN Subscription Required)

Corporate greed angers daughter of former Montana Power CEO
(DBN Subscription Required)

Edison International unit gets $700 million loan
(DBN Subscription Required)

FirstEnergy reaches deal over failed sale
(DBN Subscription Required)

_________________

Lawsuit over bankrupt NextStage features all-star cast
(DBN Subscription Required)

Credit counsel fails for group
(DBN Subscription Required)

Bid would bring stability to EVTAC
(DBN Subscription Required)

Burlington, Cone Mills, 'Combined company' could save millions, he says
(DBN Subscription Required)

Corporate Reform:

When Executives Say They Don't Have a Clue
(NYT: separate free registration required)

Management messes are separate from fund performance — usually
(DBN Subscription Required)

Lawyers: Prosecutors Violated Martha's Rights
(DBN Subscription Required)

Schwab Discloses Improper Trading
(DBN Subscription Required)

Even if guilty, Scrushy's board seat remains his
(DBN Subscription Required)

Fraud Charges for Gateway's Former CFO - Schemed to ''close the gap'' between analysts' expectations and company's results
(DBN Subscription Required)

________________

Car-warranty firm's bankruptcy filing leaves customers in lurch
(DBN Subscription Required)

Warranty Gold seeks bankruptcy
(DBN Subscription Required)

Jobless Ask, ’What Recovery?’
(NYT: separate free registration required)

Bankruptcy Stalks Town and Country, Mo.-Based Chemical Maker
(DBN Subscription Required)

Layoff notices go out - Big Bear's owner says it will consider any offers, options
(DBN Subscription Required)

Guilty Verdicts in Ponzi Investment Scheme in California
(DBN Subscription Required)

Merger ''Lockups'' Unlocked in Court
(DBN Subscription Required)

InsurAmericorp collapse puts celebrated owner in hot seat
(DBN Subscription Required)

Penalties Discharged Despite Taxes' Nondischargeability

Euro Disney Loss Up to 56 Million Euros
(DBN Subscription Required)

Japan:

Resona loan dumps may hit small firms hardest
(DBN Subscription Required)

Cops find loan shark database creator
(DBN Subscription Required)

Japan Oct Corp Bankruptcy Cases Down 18.7% On Year
(DBN Subscription Required)

Japan bank shares tumble on borrower concerns
(DBN Subscription Required)

_____________________

UK:

Out of the red in 12 easy steps
(DBN Subscription Required)

If Maersk can do it...
(DBN Subscription Required)

Scots Go For Broke
(DBN Subscription Required)

__________________

Canada:

Debt dies with the borrower
(DBN Subscription Required)

Doman Industries Monitor Files Special Purpose Report
(DBN Subscription Required)

Asset seizures sting Skeena
(DBN Subscription Required)

__________________

Australia:

Mediation to resolve Ansett super row
(DBN Subscription Required)

All over bar shouting at Reynolds Wines
(DBN Subscription Required)

__________________

Russia:

Bankruptcies Must Be Aimed At Revitalization - Putin
(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