October 15, 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

         
Asbestos:

Asbestos Factions Struggle To Settle Their 30-Year War
(WSJ: separate paid subscription required)

WR Grace Selects New President, Operating Chief
(DBN Subscription Required)

Asbestos compensation plan not a done deal
(DBN Subscription Required)

Halliburton plans private offering
(DBN Subscription Required)

Owens debtholders seek judge's ouster
(The Deal: separate paid registration required)

Pa. Justices Send Asbestos Cases Back to Superior Court
(DBN Subscription Required)

___________________

Feds on Debt Management Services: Buyer Beware
(DBN Subscription Required)

Enron:

Enron jury busy with more charges
(DBN Subscription Required)

Investing Lessons from Enron
(DBN Subscription Required)

The decline and fall of the Enron empire
(DBN Subscription Required)

Voyeur's paradise: Web site airs dirty laundry of Enron staff
(DBN Subscription Required)

________________

Airlines:

United pilots committee selects new top officers
(DBN Subscription Required)

Delta to sell new jets to cut costs, urges pay cuts
(DBN Subscription Required)

Founder of AmWest readying new airline
(DBN Subscription Required)

Former United workers offer plan to reopen base
(DBN Subscription Required)

United sells London slots
(DBN Subscription Required)

10th Annual Aircraft Finance Conference to Address New Sources for Raising Capital
(DBN Subscription Required)

UAL asks to sell stake in Orbitz
(DBN Subscription Required)

__________________

Steel:

Georgetown Steel seeks buyers, investors
(DBN Subscription Required)

Concern Rises Over Weirton Steel Plan
(DBN Subscription Required)

Judge gives WCI Steel gets 2nd DIP order
(The Deal: separate paid registration required)

Bankrupt Laclede Steel Re-Open Doors
(DBN Subscription Required)

_______________________

Brooklyn goes broke, petitions for bankruptcy
(DBN Subscription Required)

Debtor Indemnification of a Financial Adviser for Its Negligence Is Reasonable: United Artists Theatre Company clears up the confusion. Or does it?
(Martindale: separate free registration required)

Pittsburgh: GOP crafts bailout with strong controls, including governor approval of bankruptcy
(DBN Subscription Required)

Merrill Lynch says profits jump 50%
(DBN Subscription Required)

Anker Coal emerges from Chapter 11 bankruptcy
(DBN Subscription Required)

Planning a Reduction-in-Force
(Martindale: separate free registration required)

PE firms cook up Pinnacle merger
(DBN Subscription Required)

Symphony finances a problem across US
(DBN Subscription Required)

President Casinos says debt may force it to sell assets
(DBN Subscription Required)

Mustang Ranch buildings sold in tax auction
(DBN Subscription Required)

Hanger firm files for bankruptcy
(DBN Subscription Required)

Credit Counseling Industry Target Of IRS, FTC Probes
(DBN Subscription Required)

Debtor never owned cemetery
(DBN Subscription Required)

Banks try to hold down foreclosures
(DBN Subscription Required)

Employers sue insurance agent - accuse agent for defunct Meridian Benefit of selling bogus policies
(DBN Subscription Required)

 

Telecoms:

MCI names ethics officer
(DBN Subscription Required)

Bankrupt Florida Long-Distance Co Charged In $26M Fraud
(DBN Subscription Required)

MCI Reports Lower Revenue in August
(DBN Subscription Required)

Split Decision On Telecoms
(DBN Subscription Required)

Worldwide Wireless Networks Files Disclosure Statement
(DBN Subscription Required)

MCI reorg plan passes again
(DBN Subscription Required)

__________________

How to Minimize Bankruptcy Risks In Settlement Agreements
(Martindale: separate free registration required)

HomeGold loan stake to be sold on Nov. 7
(DBN Subscription Required)

Energy:

PGS Senior Creditors Approve Restructuring Plan
(DBN Subscription Required)

___________________

Law:

Lawyer's Poison Pen Letter to Judge Not Protected Speech
(DBN Subscription Required)

Lawyer Calls Jurors 'Illiterate Cave Dwellers'
(DBN Subscription Required)

Third Quarter Law Firm Merger Activity Slow, Recent Focus on Chicago Market
(DBN Subscription Required)

Clifford Chance Settles Partner's Racial Discrimination Suit
(DBN Subscription Required)

Working Media Relations Into Your Daily Practice
(DBN Subscription Required)

Settle! Tips for Educating the Reluctant Client
(DBN Subscription Required)

Firm Bulks Up, Gains Satellites By Absorbing Insurer's Legal Staff
(DBN Subscription Required)

Developing Law Firm Leaders
(DBN Subscription Required)

Staff That Stays: Show Your Respect and Admiration
(DBN Subscription Required)

White & Case signs off $6bn UPC restructure
(DBN Subscription Required)

Six Principles for Building Strong Partnerships
(DBN Subscription Required)

Termination decisions
(DBN Subscription Required)

Clifford Chance loses second partner to Jones Day
(DBN Subscription Required)

Build Strategy into Your Web Site
(DBN Subscription Required)

Profitable Practices - How much are clients really paying?
(DBN Subscription Required)

"Several of our partners--including senior partners who brought in a lot of business during the boom years--have not been pulling their weight. How should we approach the problem?"
(DBN Subscription Required)

Advice for new lawyers on how to avoid burnout and dissatisfaction by establishing balance from the very start
(DBN Subscription Required)

How to Make Good Use of Downtime
(DBN Subscription Required)

Capitalism for Lawyers: It Takes More Than Brains to Keep a Firm Afloat
(DBN Subscription Required)

_________________

U.S. pension agency faces record deficit
(DBN Subscription Required)

Piccadilly Bankruptcy May Hit Ruby Tuesday
(DBN Subscription Required)

American Plumbing sinks into Ch. 11
(The Deal: separate paid registration required)

American Plumbing & Mechanical Inc. Ratings Are Lowered to 'D'
(DBN Subscription Required)

Loral creditor group objects to Intelsat deal
(DBN Subscription Required)

Penn Traffic wants to pay bonuses to keep key workers
(DBN Subscription Required)

StorageNetworks Announces Stockholder Approval of Plan of Liquidation
(DBN Subscription Required)

Isle lawyer accused of stealing $12 million from insolvent insurance company
(DBN Subscription Required)

 

 

New Bankruptcy Opinions
(1 new opinion today)

Bankruptcy Court Web/Pacer Site Directory

Weird News
(DBN Subscription Required)

Number of bankrupt Americans grows
(DBN Subscription Required)

Accounting:

An Appealing Point - whether Arthur Andersen employees had fair notice of a pending investigation
(DBN Subscription Required)

Sending Back-Office Functions Offshore
(DBN Subscription Required)

EU rules to mirror Sarbanes-Oxley
(DBN Subscription Required)

__________________

Corporate Reform:

Federal case is closed in banker's obstruction trial
(DBN Subscription Required)

Prosecutor Says Quattrone's Innocence Claim Contradicted
(DBN Subscription Required)

Scrushy Says FBI Agent Is Close to Witness
(WSJ: separate paid subscription required)

Ethics now a growth industry
(DBN Subscription Required)

HealthSouth Attorneys Found Shredded Files
(DBN Subscription Required)

Law firm's investigation of HealthSouth compromised by company's chairman
(DBN Subscription Required)

Rite Aid Deliberations Approach
(WSJ: separate paid subscription required)

Quattrone's Last Stand?
(DBN Subscription Required)

________________

Financial woes hit two restaurant chains
(DBN Subscription Required)

Utah bankruptcies decline
(DBN Subscription Required)

DeLoach in agreement to sell winery
(DBN Subscription Required)

UK:

Self-confessed serial "cheating bastard"
(DBN Subscription Required)

1,000 jobs at risk in loss-laden PFI unit
(DBN Subscription Required)

Aggressive marketing tactics blamed for debt crisis
(DBN Subscription Required)

Lenders get little credit
(DBN Subscription Required)

Card Sharks - How credit boom has fuelled a nightmare for Scots borrowers
(DBN Subscription Required)

Hunt begins for charity's lost millions
(DBN Subscription Required)

Troubles in personal finance
(DBN Subscription Required)

Crisis looms for accounting partnerships
(DBN Subscription Required)

_________________

Australia:

Horizon Airlines appoints administrator
(DBN Subscription Required)

Administrators move in on regional airline
(DBN Subscription Required)

Pan founder could profit from revival
(DBN Subscription Required)

___________________

Japan:

Japan's Company Bankruptcies Fall 17.4% in September
(DBN Subscription Required)

Japanese government riddle over bank rescue
(DBN Subscription Required)

Tax breaks, not court protection, seen aiding failing firms
(DBN Subscription Required)

Japan Needs an Exit Strategy
(WSJ: separate paid subscription required)

Report Released on Bankruptcy Remoteness Under Japan's Specified Share Trust Structure
(DBN Subscription Required)

____________________

Iraq:

Forced U.S. loans could crush Iraq's rebuilding
(DBN Subscription Required)

_________________

Germany:

Police Raid Properties in Kirch Probe
(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