September 17, 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-plagued shares up on liability limit talk
(DBN Subscription Required)

_________________

Law Firm in Slatkin Case Agrees to Pay $650,000
(DBN Subscription Required)

Going Broke
(DBN Subscription Required)

Cone Mills Gets Offer From WL Ross Co. To Purchase Substantially All Of The Company's Assets
(DBN Subscription Required)

NYSE Suspends Trading In Cone Mills
(DBN Subscription Required)

Accounting:

Audit Firms Allegedly Overbilled Clients for Travel By Hundreds of Millions
(DBN Subscription Required)

BDO tax prep clients try to assert privilege
(DBN Subscription Required)

IRS and States Partner to Combat Tax Evasion
(DBN Subscription Required)

Europe Considers Accounting Oversight Board
(DBN Subscription Required)

Internat'l accounting network with lawyer ties eyes the U.S.
(DBN Subscription Required)

Advisory firms grow despite tough times, FPA study finds
(DBN Subscription Required)

Will Big Four audit dominance wake up rest of the profession?
(DBN Subscription Required)

Suit Claims Fluor Fired Auditor in Retaliation
(DBN Subscription Required)

___________________

Enron:

Grand jury again delivers an indictment
(DBN Subscription Required)

Ex-Merrill Lynch Execs Face Fraud Charges
(DBN Subscription Required)

Audit Committees After Enron
(Martindale: separate free registration required)

_________________

Tobacco:

Illinois Supreme Court agrees to hear Philip Morris appeal, reduces bond
(DBN Subscription Required)

Altria Shares Surge on Bond Verdict
(DBN Subscription Required)

R.J. Reynolds will cut 40% of its work force
(WSJ: separate paid subscription required)

____________________

Airlines:

German bank eyes Air Canada stake
(DBN Subscription Required)

Onex Chief Interested In Air Canada Stake
(DBN Subscription Required)

Air Canada seen happy with foreign share limit
(DBN Subscription Required)

Hawaiian’s stock surges on large block trading
(DBN Subscription Required)

Airports, Airlines Face Fiscal Bind, Experts Say at Tampa, Fla., Conference
(DBN Subscription Required)

Midway must show plan for restructuring
(DBN Subscription Required)

Roddey says U.S. Airways wants $500M
(DBN Subscription Required)

_____________________

Former Consolidated Freightways Workers Sue over Pensions
(DBN Subscription Required)

Agway makes another request for more planning time
(DBN Subscription Required)

Dueling filings over ADLT trustee (scroll down)
(DBN Subscription Required)

  Telecoms:

MCI fights to keep CEO from testifying in court
(DBN Subscription Required)

Rohn files for Chapter 11
(DBN Subscription Required)

ROHN Industries seeks Chapter 11 protection
(DBN Subscription Required)

General DataComm Emerges from Bankruptcy
(DBN Subscription Required)

IMP Inc Filed For Chapter 11 Bankruptcy Earlier In September
(WSJ: separate paid subscription required)

MCI wins over another dissident
(The Deal: separate paid registration required)

NJ, WorldCom In $10.4M Pact To Settle E-ZPass Lawsuit
(DBN Subscription Required)

Hedge Fund Wins Large Stake in WorldCom Settlement
(DBN Subscription Required)

Fastnet Seeks OK To Pay About $1M To Keep Key Employees
(WSJ: separate paid subscription required)

_____________________

Baltimore: Parole Plaza owners buy time
(DBN Subscription Required)

Corporate Reform:

Microsoft program to help sale of worthless options
(DBN Subscription Required)

Calpers Calls for Grasso to Step Down as NYSE Chairman
(DBN Subscription Required)

Board Game Settled
(DBN Subscription Required)

SEC moves to block $23m payoff to Messier
(DBN Subscription Required)

Banking Regulators Begin to Apply the Sarbanes-Oxley Act to Non-Public Financial Institutions
(Martindale: separate free registration required)

______________________

Energy:

Atlanta-Based Energy Firm Open to Grilling by Creditors, Stockholders
(DBN Subscription Required)

PGE, Consumer Groups Agree To Rate Case Settlement
(DBN Subscription Required)

Settlement Boosts Bankrupt PG&E's Revenue
(DBN Subscription Required)

NorthWestern Able to Continue Normal Operations
(DBN Subscription Required)

NorthWestern Receives Approval Of First Day Motions
(DBN Subscription Required)

NorthWestern officials offer optimistic view of bankruptcy
(DBN Subscription Required)

PSC: NorthWestern bankruptcy won’t halt investigation
(DBN Subscription Required)

Mirant bankruptcy puts school bond issue on hold
(DBN Subscription Required)

_______________________

Jefferson Mills emerges from bankruptcy
(DBN Subscription Required)

Imax owner declares bankruptcy
(DBN Subscription Required)

Biozhem Cosmecuticals Considering Filing For Chapter 11
(WSJ: separate paid subscription required)

Bankrupt LTWC Completes Asset Sale to California Firm
(DBN Subscription Required)

Settlement of Phico lawsuit awaits bankruptcy court approval
(DBN Subscription Required)

 

 

New Bankruptcy Opinions
(4 new opinions today)

Bankruptcy Court Web/Pacer Site Directory

Weird News
(DBN Subscription Required)

Steel:

WCI Steel Files For Chapter 11 Protection
(DBN Subscription Required)

U.S. Steel Sells Former Mishawaka, Ind., Headquarters to Bank
(DBN Subscription Required)

Steelworkers Will Be Involved In Ivaco Inc. Restructuring
(DBN Subscription Required)

Ivaco restructuring under bankruptcy protection
(DBN Subscription Required)

_____________________

Law:

The Client Comes First - In these lean times, firms are focusing on technology that keeps them close to clients
(DBN Subscription Required)

Lawyers Questioning, Abandoning Their Profession
(DBN Subscription Required)

Track Website Traffic To Improve Marketing
(DBN Subscription Required)

_________________

Two ex-Kmart execs to face trial on Oct. 14
(DBN Subscription Required)

FDCPA bill introduced
(DBN Subscription Required)

You Want Jobs with That Recovery?
(DBN Subscription Required)

Court Approves $11.2 Million Sale Of Bonus Stores
(WSJ: separate paid subscription required)

Credit Card Debt Plagues Poorer Folks
(DBN Subscription Required)

Conseco Finance Reorganization Plan Becomes Effective
(DBN Subscription Required)

Chart Industries Emerges from Bankruptcy; Chart Joint Prepackaged Plan of Reorganization Consummated
(DBN Subscription Required)

U.K.:

New bankruptcy rules come into force
(DBN Subscription Required)

Scots fare badly in new debt legislation
(DBN Subscription Required)

________________

Japan:

Nissan Diesel Surges on 100 Bln Yen Bailout Report
(DBN Subscription Required)

____________________

Soccer: Borrowers can pay high price
(DBN Subscription Required)

New Zealand:

PC receivership talks begin
(DBN Subscription Required)

___________________

Argentina:

Argentine Bond Offer Threatened by Dart Judgment
(DBN Subscription Required)

_____________________

Canada:

Unions to propose innovative protection for workers caught up in bankruptcies or insolvencies
(DBN Subscription Required)

BCE Files Statement Of Defense Against Teleglobe Lenders
(WSJ: separate paid subscription required)

PlasTech Group Obtained Further Order Under Companies' Creditors Arrangement Act
(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