November 20, 2003 

PG&E Issues Statement on Ninth Circuit Decision on Express Preemption
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Court Reverses Ruling on Old PGE Reorganization Plan
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The Opinion
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PG&E's Backup Plan Thrown Into Question
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Calif. AG Urges Regulators To Take Care With PGE Plan
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Federal court backs state against PG&E Ruling affects utility's recovery from bankruptcy
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Appeals Court Rejects PG&E Breakup Plan
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PUC to vote on PG&E bankruptcy deal
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PG&E: Chapter 11 exit intact
(The Deal: separate paid registration required)

Seitel Shareholders Opt Against Berkshire-Backed Plan
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Corporate Reform:

UBS, J.P. Morgan Employees Charged in Currency Probe
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Currency Fraud Ran Deep, Officials Say
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Ebbers charges on hold
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Accountant: Tyco Financed Kozlowski Boat
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Ken Lipper Faces a Big-Time Payback
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House passes mutual fund reform legislation
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Currency trading fraud described as `staggering'
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Accounting:

Ernst received $98.8 million in airline rebates from 1995 to 2000, mostly on travel for which clients were billed full fare
(WSJ: separate paid subscription required)

Revenue Rises at PricewaterhouseCoopers
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Goodyear revises scads of results, reports loss
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KPMG's Tax Plans Netted $180 Million
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Auditor Independence: A Checklist on Performance of Services by Accounting Firms
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AmerisourceBergen Contacted by Federal Government in Three-Year-Old Case
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New Jersey subpoenas NUI for documents
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Judge to rule on PhyAmerica

Bankruptcy judge explains workers’ comp order
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Bankruptcy filings in Utah fall for 4th straight month
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Judge denies delay in EVTAC bids and sale
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DIP Dimensions: Rouge Industries Inc.
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Textile Towns Appeal for Help, but Tariffs May Not Suffice
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Asbestos:

Insurers Reserves Deficient by $77 Billion
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ABB rights issue signals financial turnaround
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Airlines:

Bankrupt Midway may sell jets, license to investment firm
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United seeks to delay $2 billion for pensions
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CFO Leaving American Airlines Parent
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AMR To Name Fincl Chief Successor As Quickly As Possible
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Bush administration presses Congress to deny break to airlines on pensions
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US Air's Siegel warns of further cuts
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Kmart:

Kmart chiefs traded blame
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Lawsuit Charges Former Executives With Looting Kmart
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Kmart execs pampered selves as chain teetered, suit says
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Kmart Bigs Are Sued For Diverting $1b
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Kmart officials deny blame for bankruptcy
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Largest Burger King franchisee to sell off 270 stores
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Law:

Law firm staffer gone and so is $83 million
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Like a Virgin
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PwC: failure to axe partners hitting law firm bottom lines
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In-House Counsel Quality of Life Survey 2003
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Currency Fraud Inquiry Nets Three Attorneys
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UK lawyers slam business law firms for dodging referral ban
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Baker & Hostetler Names Executive Partners; Kestner and Wightman to Lead Growing Firm
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Setting spending priorities is key to solo success
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Dark horse wins key Lovells race
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ECJ to settle dispute over privilege for in-housers
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Fried Frank aims for confidence boost with series of client wins
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Kasper A.S.L., Ltd. Plan of Reorganization and Sale to Jones Apparel Group Confirmed in Bankruptcy Court
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Carolina Investors assets bring more money than expected
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Suit targets former paper mill executives
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New Bankruptcy Opinions
(3 new opinions today) 

Bankruptcy Court Web/Pacer Site Directory

Weird News
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FTC sues Md. credit counselor over fees - Agency says AmeriDebt misled its customers
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Colorado's economic realities
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Court Approves ANC Rental Chapter 11 Plan Disclosure
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'Piercing the veil' debated in Griffin case
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Amerco: Mission impossible
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Steel:

Judge OKs Copperweld As Separate Entity
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KPS fund to buy Atchison steel assets
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Atchison Casting Corporation Announces Agreement to Sell Its Core Operating Assets
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Fansteel Inc. -- Confirmation of Plan of Reorganization
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Stelco revival questioned
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Spiegel seeking to sell Eddie Bauer headquarters
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Verdict costs X10 $2 million more
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Letter from Delaware - look at the bankruptcy code, getting public funding for lawyers, Budget Group creditors in tentative settlement
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Formica Receives Court Approval of Disclosure Statement; Confirmation Hearing Set for January 13
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Bankrupt Oakwood Posts Profit ; An Adjustment For Losses On Mortgage Loans The Company Sold Helps Its Bottom Line
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UK:

More Employers Axe Final Salary Pensions
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Canada:

New Skeena files for bankruptcy
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Imperial Plastech Obtains Stay Extension
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Bombardier's future cloudy
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Japan:

Japan's Takefuji on CreditWatch negative
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High level group pushes for sweeping Japan bar reforms
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New Zealand:

China urges NZ to protect students in bankrupt school
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France:

France to launch US style bankruptcy law
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Alstom issues shares, bonds to dodge collapse
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