September 10, 2003 

Airlines:

UAL's Tilton has hopes for a rebound
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United seeks more time for reorg
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UAL asks Congress for relief on pensions
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American, United Lose Bid to Dismiss Sept. 11 Suits
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United Air To Appeal Judge's Ruling On Sept. 11 Claims
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Ontario Teachers' Pension Not Pursuing Air Canada Stake
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US Air issues 1.3 mln shares to unsecured creditors
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UAL Corp Seeks Court Approval Of Fuel Supply Agreement
(WSJ: separate paid subscription required)

Did airline deregulation fail?
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Disease that could bankrupt small firms
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Church in an $85m accord
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Archdiocese to mortgage property to raise needed cash
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Accounting:

Non-audit fees fall at accounting firms
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Cohodes prowls for accounting chicanery
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Accounting Board's Chief Pledges Tough Enforcement
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Survey: Cash Flow Data Preferred to GAAP Reporting
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Deloitte Employee Attains Highest CPA Exam Score
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Directors Watch Audits More Closely
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Energy:

Utility fighting financial reform
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PG&E measure puts lawmakers under legal fire - Federal judge tells Legislature to let bankruptcy process go on
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PG&E Poised to Emerge From Bankruptcy
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Calif. consumers urge $2.8 bln savings in PG&E plan
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Revised plan for PG&E proposed
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NWC gets another delisting warning
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Steel:

Bush Administration to Review Controversial Steel Tariffs
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Wheeling-Pittsburgh Steel Corporation Board Of Directors Elects Chairman Of The Board
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Atchison Casting's U.K. units seek equivalent of bankruptcy protection
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A new debt instrument - The mezzanine note: how to keep everyone happy
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Milwaukee-Area Business Bankruptcy Filings Have Doubled
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Broke On Two Incomes
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‘Why Middle Class Mothers and Fathers Are Going Broke’
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E.S. Bankest scandal bankrupts Hialeah clothing manufacturer
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Restaurant Failure Rate Much Lower Than Commonly Assumed
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Oakwood Homes Corporation Announces Filing of Amended Plan of Reorganization and Disclosure Statement
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Trenwick America Lists Largest Unsecured Creditors
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Farmland property purchase delayed
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Creditors Force Officials at New York's Failed Allou Health into Bankruptcy
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13 Ways to Improve Your Collections
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With crushing debt and costly track repairs totaling more than $3 million, the historic Skunk tourist train is lumbering into an uncertain future
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Telecoms:

WorldCom settles fight with creditors
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Rebel creditors agree to MCI deal
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Statement from Mark Neporent, Managing Director of Cerberus Capital Management L.P. and Co-Chair of the WorldCom Official Creditors' Committee
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Singapore Technologies Clears Global Crossing Hurdle
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MCI exit plan looking like a 'slam-dunk'
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MCI creditors' settlement clears way for revamp
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WorldCom, Ex-Financial Officer To Appear In Court
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The rise and fraud of WorldCom
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NTELOS Completes Restructuring and Emerges from Chapter 11
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Communication Dynamics, Inc. Receives Court Approval to Sell Substantially All of its Assets
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Law Firms:

Active-Duty Lawyers Fight Battle of Attrition
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Can Cooley Godward Avoid Blame in Girl's Death?
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New Insights Into Firms' Performance During the Downturn
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Cadwalader Names Restructuring Special Counsel
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Indianapolis Law Firm Leagre Chandler to Disband
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Let Slip The Tort Lawyers
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`Someone should be held accountable'
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Retired Partner Sues Chicago Law Firm for Benefits, Severance
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Law firms get caught up in the Web
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Associate Compensation Stays Stable for Another Year, NALP Data Show
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A Fast & Simple Way to Gauge Your Firm's Future Training Needs
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8 Low-Cost Marketing Strategies Guarantee ROI for Law Firms
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American Tissue Sues DLJ For Fraud, Seeks Damages
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Z-Score: The Old Reliable Method for Predicting Bankruptcy Still Works
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Enron:

Glisan plea may speed Enron cases
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Probe into ex-Enron officers heats up
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Ex-Enron Treasurer Set for Re-Arraignment
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Feds intensifying focus on Skilling, Lay in Enron probe
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FERC asks Williams, Enron units to detail cash pools
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SEC probes Prudential fund trades
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Eye Surgery Equipment Maker LaserSight Blames Bankruptcy Filing on Cash Flow
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Asbestos:

Sen. Hatch Asks Companies to Work on Asbestos Bill
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The cost of abestosis
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Passage of 'Hatch Bailout Bill' would be unfair to workers
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Warren Zevon dies of cancer
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Corporate Reform:

SEC chief blasts Spitzer and Oklahoma attorney general
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Grasso to forfeit his extra $48 million
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Judge delays liquidation plan deadline for Carolina Investors
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New Bankruptcy Opinions
(2 new opinions today)

Bankruptcy Court Web/Pacer Site Directory

Weird News
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Conseco:

Judge OKs Conseco's bankruptcy exit plan
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The day's news is taken in stride at Carmel campus
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Conseco timeline
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Judge approves the 'new' Conseco
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Spiegel puts Newport News unit up for sale
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Coram trustee modifies his payout plan
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Calculating a Preference Exposure Using the 'Subsequent Advance' Rule
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Boundless Takes Next Step Toward Emerging from Bankruptcy
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Loral CEO Vows To Remain At Helm
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Mortgage Lenders Cut Jobs
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Unions: Horsehead move is premature - Bankruptcy Court to hear request to drop benefits, contracts
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U-Haul Turnaround?
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Trade Creds Of Fleming Unit Seek To Disallow Some Claims
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IMF's bailout solutions need a relook
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England:

Bank threat to scupper Telewest rescue - Lenders furious at attempt by US bondholder to dictate restructuring terms
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Cenargo announce restructuring and reorganization plans
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Ladies in red - seven out of ten British women are in debt
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Lax credit controls threaten building firms
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Former IEQ directors leave a path of debt in their wake
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Huffing and puffing as Telewest refinancing hits the buffers
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Can I sell my home?
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Bad business
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Better off bankrupt
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Get help for free
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Asia's Hello Kitty consumers lap up credit
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Argentina:

Argentina defaults on $5.2 billion IMF debt
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Argentina's Test of Wills with the IMF
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Argentina's Debt: Will the IMF Blink?
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Argentina misses IMF deadline on $3bn loan
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Australia:

Yandal Emerges from Voluntary Administration
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France:

Chairman of Credit Lyonnais to Resign
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Thailand:

Petition Dismissed against Former Directors of Thai Petrochemical Industry
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Japan:

Japan's Sakai Iron Works Files For Court Protection
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_____________________

China:

Chinese bank sells defaulters' assets online
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