October 27, 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

         
Bankruptcy a tough sell for municipalities
(DBN Subscription Required)

Pittsburgh: The 'b-word' can cast a long shadow
(DBN Subscription Required)

Kmart trial critical for feds
(DBN Subscription Required)

Trial Set for Former Kmart Executives
(DBN Subscription Required)

Steel:

Churches pray for Georgetown mill workers
(DBN Subscription Required)

Pension plan in the crucible as Stelco and Steelworkers look at cost cuts
(DBN Subscription Required)

Rouge Steel files for bankruptcy
(DBN Subscription Required)

The Russians Are Coming to Take Over Rouge Steel
(NYT: separate free registration required)

Rouge feels industry's pain
(DBN Subscription Required)

$225 million offered for Republic
(DBN Subscription Required)

Two Steel Firms Get Buyout Bids
(DBN Subscription Required)

___________________

Law:

Clifford's Game of Chance
(DBN Subscription Required)

F. Lee Bailey Off Hook for $9M After Jury Award Tossed
(DBN Subscription Required)

Goodwin Procter leaders bank on firm's new partners
(DBN Subscription Required)

White & Case has been found guilty of poaching
(The Lawyer: separate free registration required)

As your attorneys, they advise you to party hard
(DBN Subscription Required)

Top Firm Associate's 'Hat Trick': Three Litigation Victories in a Month
(DBN Subscription Required)

The Opt-Out Revolution
(NYT: separate free registration required)

How safe is it to confide in your lawyer?
(DBN Subscription Required)

Firms Seek Big Names, Law Degrees Optional
(DBN Subscription Required)

The trickle of top administration lawyers heading back to private practice is starting to look more like a stream
(DBN Subscription Required)

Former Wachtell Partner's Malpractice Claim Against McDermott Will Goes Forward
(DBN Subscription Required)

Wichita: Husch closes; Kutak Rock to open office
(DBN Subscription Required)

Firm Plunks Down Bucks to Be Mentioned in "Runaway Jury" Flick
(DBN Subscription Required)

NY Lawyer's License Suspended for Faking Salary Increase Memo
(DBN Subscription Required)

NY Attorney Sanctioned Over His Own Divorce
(DBN Subscription Required)

_________________

Airlines:

Court case raises fears for solvency of US pension schemes
(DBN Subscription Required)

Air Canada threatens to sue union advisers
(DBN Subscription Required)

After Hawaiian, ex-CEO says he's finished with airlines
(DBN Subscription Required)

A Bankruptcy Court judge delays his $4.25 million decision until February
(DBN Subscription Required)

Deutsche Bank on standby in Air Canada offering
(DBN Subscription Required)

Judge halts UAL's sale of Orbitz stake
(The Deal: separate paid registration required)

___________________

As Debt Problems Worsen, So Do Debt Counselors
(DBN Subscription Required)

Baltimore: Howard's ADnational files for bankruptcy
(DBN Subscription Required)

President Casino bidders put off by city's casino plan
(DBN Subscription Required)

AMPAM's Ch. 11 restructuring creates Teepe & Partners
(DBN Subscription Required)

  Far & Wide:

Far & Wide tells `the saga of the failure of a dream'
(DBN Subscription Required)

Far & Wide Travel's bankruptcy leads to fire sale of company's tour operators
(DBN Subscription Required)

You're booked and they're bankrupt
(DBN Subscription Required)

Get Packing: After they fail: All packed up, no place to go
(DBN Subscription Required)

____________________

Enron:

Enron bosses rapped as engineer turns up the heat
(DBN Subscription Required)

In the Saddle Again - Ken Lay Is Back In Business
(DBN Subscription Required)

Enron finds buyer for Quebec mill
(DBN Subscription Required)

Enron’s House of Gas
(NYT: separate free registration required)

Enron's far-flung casualties
(DBN Subscription Required)

____________________

Bank Of America agreed to acquire FleetBoston
(WSJ: separate paid subscription required)

Merv Adelson, TV mogul, multimillionaire, and friend of the famous lived a show-business fantasy. His bankruptcy has shocked Hollywood
(DBN Subscription Required)

Credit counseling can be costly
(DBN Subscription Required)

Aliquippa faces deadline for new Chapter 11 filing
(DBN Subscription Required)

Gains in Wages Expected to Give Economy a Lift
(NYT: separate free registration required)

Insurer suit: National Century lied to get policy
(DBN Subscription Required)

Energy:

PGE/Debt Offer
(DBN Subscription Required)

Pepco, Mirant Reach Settlement Over Electricity Contracts
(WSJ: separate paid subscription required)

High stakes for ratepayers in NWC bankruptcy
(DBN Subscription Required)

NorthWestern on track, but PSC needs help
(DBN Subscription Required)

NWC proposal bypasses state
(DBN Subscription Required)

_____________________

Telecoms:

WorldCom Investor Case Cleared to Proceed as Class Action
(NYT: separate free registration required)

U.S. lawmaker wants details of MCI extensions
(DBN Subscription Required)

Mexico's Slim swoops again in AT&T Latin buy
(DBN Subscription Required)

MCI/WorldCom wiggles
(DBN Subscription Required)

_________________

Times are good for overseers of operations gone bad: Receivers tend to smile as economy goes south
(DBN Subscription Required)

Bankruptcy protection is not the only relief from spiraling credit
(DBN Subscription Required)

The struggle for Scrushy's ear: HealthSouth strategists warred among themselves as crisis unfolded
(DBN Subscription Required)

County pays hospitalization bill delayed by insurer's bankruptcy
(DBN Subscription Required)

AmeriKing selling off Burger King restaurants
(DBN Subscription Required)

Austin: Bradley case broadens: Bankruptcy trustee claims developer shielded 60 percent ownership of Streetman Homes
(DBN Subscription Required)

New Senate bankruptcy bill creates priority
(DBN Subscription Required)

Frisby Technologies clings to life
(DBN Subscription Required)

Plastic surgeon’s bankruptcy fraud trial postponed
(DBN Subscription Required)

Lending, Default `Code Of Conduct' Is Hot Topic At G20
(WSJ: separate paid subscription required)

 

 

New Bankruptcy Opinions
(3 new opinions today)

Bankruptcy Court Web/Pacer Site Directory

Weird News
(DBN Subscription Required)

Conseco takes aim at D&O debtors
(DBN Subscription Required)

Florida investors poised to buy MCSi
(DBN Subscription Required)

Little in way of assets available to Team America creditors
(DBN Subscription Required)

Eve-of-Bankruptcy Asset Conversion Wasn't Fraudulent

Two Faces of Junk - Watch Out For Asbestos Fallen Angels
(DBN Subscription Required)

Accounting:

Act creates more work, jobs for accountants
(DBN Subscription Required)

IRS Targets Creators, Marketers of Abusive Tax Shelters
(DBN Subscription Required)

Targeting Your Clients: The Savvy Accountant's Guide to Marketing
(DBN Subscription Required)

Tricky Tax Moves Can Boost Profits
(DBN Subscription Required)

Law firm pursuing tax-advice lawsuits
(DBN Subscription Required)

Accounts deceivable: How to detect and prevent fraud
(DBN Subscription Required)

_________________

Corporate Reform:

Former CEOs find it difficult to hold tongues
(DBN Subscription Required)

How to Be a Good Director
(WSJ: separate paid subscription required)

Sarbanes-Oxley costs multiply
(DBN Subscription Required)

The Jury Hangs, Quattrone Waits
(DBN Subscription Required)

Questions Loom Over Quattrone Prosecution
(NYT: separate free registration required)

Bungling Quattrone
(DBN Subscription Required)

Traditional safeguards of the business judgment rule, and charter provisions which eliminate personal liability for duty of care violations, will not protect directors who intentionally disregard their duties
(DBN Subscription Required)

_________________

UK:

Chelsea boss faces £2bn court battle
(DBN Subscription Required)

Independent Leader Vows To Fight Bankruptcy Action Over Rent
(DBN Subscription Required)

Current Distressed Companies Update
(DBN Subscription Required)

________________

Japan:

Resona 'insolvent' at time of rescue, says DPJ
(DBN Subscription Required)

______________________

Canada:

KnightHawk Air Express and Kelowna Pacific Railway file for bankruptcy
(DBN Subscription Required)

________________

Australia:

Couple's odd bid to split assets, not the marriage
(DBN Subscription Required)

_________________

Korea:

SK Group Signs Pact With Main Creditor On Restructuring
(DBN Subscription Required)

Prosecution Hot on Trail of Ex-President's Hidden Assets
(DBN Subscription Required)

_________________

Russia:

Moscow court orders arrest of Russia's richest man
(DBN Subscription Required)

Arrest of Oil Chief Could Roil Russian Stock Market
(NYT: separate free registration 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