September 16, 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
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Energy:

Montana Power Provider NorthWestern Corp. Files for Bankruptcy Protection
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Utility seeks Chapter 11 protection after vote
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NorthWestern Receives Approval Of First Day Motions
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RWE, Struggles to Cut Debt, to Exit North American Energy-Trading Market
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Montana regulators seek standing in NorthWestern bankruptcy case
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NorthWestern Corp. files for bankruptcy
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Montana customer's bankruptcy not expected to affect PPL
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No layoffs, utility disruptions coming
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NorthWestern Q & A
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Northwestern bankruptcy is blow for S.D. stature
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Shareholders see savings disappear
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NorthWestern files for bankruptcy, sells off 2 companies
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NorthWestern's forays end badly
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NorthWestern Rating Lowered to 'D' After Bankruptcy Filing
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Nebraska agency to monitor natural gas provider
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Telecoms:

Ex-executive files suit against Covad / Company denies improper actions
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WorldCom Tells Of Snarled Records
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U.S. phone firms face slow growth prospects
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ATT CEO Dorman Calls for End to Industry's 'Civil War'
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MCI Issues July 2003 Monthly Operating Results
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MCI Bankruptcy Hearing Resumes, Minus The Fireworks
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Leap completes Idaho spectrum sale to Edge Acquisitions
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Orbimage Set To Clear Remaining Hurdle To Exit Bankruptcy
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Enron:

Charges likely against 3 from Merrill Lynch
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Women's United Soccer Association league calls it quits
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Women's Pro Soccer League Forced to Fold
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Callaway Golf completes purchase of Top-Flite
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Steel:

Steel execs say tariff repeal could be disastrous
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  Asbestos:

Asbestos Proposal Yields Lobbying War
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Facts and Figures on Asbestos
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Several ABB appeal briefs have been filed
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Airlines:

United parent's pension gap as high as $7.5B
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Pension relief bill nears a vote
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Air Canada Stock...Worthless?
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Air Canada monitor releases ninth report
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Schwartz considers buying into Air Canada
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Air Canada set to choose new equity partner
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Atlas Air bankruptcy filing set for December
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Delta's Mullin discusses 3-step plan for industry survival
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Northwest contributes Pinnacle stock to pension
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Charge Spider-Man pal, co-founder of a bankrupt Internet venture with Stan Lee, in Web of deceit
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Spidey Stox 'scammer' To Spin Tale In Court
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U.S. court denies motion to access Loral's books
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Corporate Reform:

Ex-chief says Grasso, directors should resign from stock exchange
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Corporate-Disclosure Law Confuses Lawyers Outside U.S.
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12 Detroit F&M stores to be sold or closed in bankruptcy
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Active Link Says Chapt 7 Bankruptcy Likely In 'Few Days'
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American HomePatient creditors lose bankruptcy repayment appeal
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Doomsday for textiles
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Furr's Restaurant Group, Inc. Announces Confirmation of Plan Of Reorganization, Approval of Sale of Assets
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Aurora Foods asks lenders to extend agreements
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Accounting:

Footstar's Mickey Robinson Resigns; Results Restated
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Facing Huge Debt, Big Farm Co-op Is Closing
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Smithfield may press Farmland bid
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Boise: RiverFest bankruptcy will impact many
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New Bankruptcy Opinions
(No new opinions today)

Bankruptcy Court Web/Pacer Site Directory

Weird News
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Law Firms:

2 more bankruptcy attorneys join Duane Morris Pittsburgh
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Managing Partner, Two Others Defect From Rapidly Growing Firm to Launch Startup
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MoFo Re-Elects Chairman, Names New Partners
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40 jobs under threat as Allen & Overy OKs India outsourcing project
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Law Firm Inks Branding Deal With Sports Arena
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Two Law Firms Evacuated
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Chicago merger bolsters top 100 firm
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Two Weeks Notice? - Not in Today's Firms
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Jones Day hires Clifford Chance’s Asia securities head
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Six Attorneys Join Bracewell & Patterson in Washington to Expand Energy Practice
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US and UK firms muscle in on French top five highest billers
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Head of Top NY Firm's Satellite Defects
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Top Firm Hires Prominent Litigator to Work Exclusively Pro Bono
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U.K.:

Step-by-step guide to getting payment from your debtors
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Telewest moves closer to merger with NTL after debt-swap deal
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Solicitors gear up for the supermarket revolution
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A slice of professional legal life
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The new bankruptcy rules that encourage risk-takers
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Fewer businesses set to go bust
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Canada:

Baseball loop placed in receivership
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France:

Vivendi in court in Messier case
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Messier To Get $24m In Severance
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French Mull Alstom Plan
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France proposes two-part Alstom rescue plan
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New Zealand:

Credit company on trail of bad debtors
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PC Company calls in the receivers
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