Energy:
Mirant
exempt from contracts, judge rules
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Mirant
Shareholders Get Panel
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Xcel
Sees NRG Out Of Chap 11 By Dec 15
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PG&E
Corp. Sees Improving Financial Performance
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NorthWestern
bankruptcy filing helps energy plant in planning stage
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What
can be done about NorthWestern?
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NWC
adds sad chapter to MPC tale
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State
officials discuss getting seat at NorthWestern's proceedings
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Syndicate
decries NorthWestern's DIP loan
(The Deal: separate paid registration required)
NorthWestern
has more than 9000 creditors
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____________________
Telecoms:
MCI's
ex-CFO pleads innocent in Okla.
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Fastnet
Asks Bankruptcy Judge to Approve Employees' Incentive Bonuses
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Naugatuck,
Conn., Telecom Supplier Emerges from Bankruptcy Protection
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Touch
America seeks OK to sell corporate jet
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New
Jersey Loses Millions in Settlement on E-ZPass
(NYT: separate free registration required)
WorldCom
bankruptcy plan complicates cover dispute
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_________________
Credit
Counseling Firms Could Leave Consumers with Less Cash, More Problems
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Accounting:
I.R.S.
Pursues Accounting Firm Grant Thornton in Crackdown on Tax Shelters
(NYT: separate free registration required)
Telecom
Mogul's Suit Against KPMG Dismissed
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A
judge's sanctions against PricewaterhouseCoopers are casting a harsh
spotlight on the firm and its top U.S. partner
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Canada's
GAAP not good enough
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___________________
Airlines:
United's
low-cost carrier set for February takeoff
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UAL
may raise financing to as much as $2.5 bln
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United
sets stage for low-fare war
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Air
Canada sets `equity partner' short-list
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__________________
Tobacco:
RJR
Tobacco to eliminate 2,600 jobs (40%) in restructuring
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R.J.
Reynolds Job Cuts May Not Save It
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Altria
stock jumps on appeals hope in 'lights' case
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Bond
Deal Gives State an Unhealthy Interest in Big Tobacco
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Ruling
Breathes New Life Into Altria
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___________________
End
of Drug Emporium pharmacies
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Texas
Investors Lose Big in Troubled Lancer Hedge Fund Sued by SEC
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Advanced
Lighting beats back creditors
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Furr's
Restaurants to Sell Assets; Buyer to Keep Name
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Kasper's
plan still may lack consensus
(The Deal: separate paid registration required)
Appeals
court rules against Visa, MasterCard on exclusion rules
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Enron:
Enron
Bankruptcy Plan Would Divide Company into Three New Firms
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Creditors
would get more with plan
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Former
Merrill bankers charged with conspiracy
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Merrill
Lynch makes deal with prosecutors, accepts reforms
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________________
Law:
Larry
Sonsini Offered Top Job at NYSE
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Sonsini
set for NYSE chair
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Firm
Lays Off Attorneys and Scraps Two Practice Groups in Wake of Defections
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If
you are laid off, try to work out a helpful severance package
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Taskforce
calls for ‘fly in, fly out’ ban to be lifted
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$16
Million Verdict Set Aside Over Top Lawyer's Conduct
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Will
the real Cadwalader please stand up
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Prestigious
law firm agrees to remain in lower Manhattan
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Law
firm's redesigned Web site wins award
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10
Things Your Lawyer Won't Tell You
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Law
firms are expert at offering employment law advice to their clients, but
are they as good at applying those high standards to their own practices?
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Fraud
report backs ‘noisy withdrawal’ proposals
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Salans
swoops for Altheimer & Gray network
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Allen
& Overy set to proceed with landmark India outsourcing plan
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Big
law firm to stay downtown
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Are
commercial law firms implementing the right knowledge management
strategies?
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Give
it to us straight - greedy fat cats
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Top
Law Firms Pass on Hiring Veteran Federal Prosecutor
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Co-founder
of Tonkon Torp, leading Portland law firm, dies
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Facing
criticism for failing to police law firms, UK board to act on conflicts
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Cameron
McKenna out on a limb as UK partners favor modified lockstep
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Guidelines
for Giving Notice Vary Firm to Firm
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Dentons
toughens standards for partners merit pay awards
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_________________
Corporate Reform:
Embattled
NYSE chair quits
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Grasso
Quits Big Board Amid Furor Over Compensation
(WSJ: separate paid subscription required)
Grasso
Flap Is Biggest NYSE Debacle Since 1938 Fraud
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CEOs
may be in for pay cut
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Grasso
Averaged More in Salary, Bonus Than GE's Jack Welch
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NYSE
Traders, Aided by Grasso's Exit, Plan to Seek More Power, Lower Fees
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NYSE
power vacuum might be tough to fill
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Eliot
Spitzer on His Fund Blitzkrieg
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Grasso's
Departure Will Change NYSE
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_______________
Patients
Help Physician With Bankruptcy Woes
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New
Bankruptcy Opinions
(No new opinions today) Bankruptcy
Court Web/Pacer Site Directory Weird
News
(DBN Subscription Required) Miami
firm to bid on Pillowtex
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Industry Predicts Tariffs to Stay
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latest to seek protection
(DBN Subscription Required) Lenders
show faith in WCI
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shares tumble on creditor protection filing
(DBN Subscription Required) Wheeling-Pitt
Repays $5 Million Loan To West Virginia
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bill would ban better state protection
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Polaroid:
Once-ailing
Polaroid pays off for new owners
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New
owners, financial picture revealed in court documents
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___________________
DIP
Dimensions: Magnatrax Corp.
(The Deal: separate paid registration required)
Allou
Ordered Into Liquidation
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Penn
Traffic gets reorganization extension
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Letter
from Delaware - Asbestos reform legislation unlikely, Mirant hires
'conflicts counsel,' Beal Bank joins DIP syndicate, debt counseling for
companies and Sports Club struggles
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Conseco
Capital Management Changes Name To 40|86 Advisors
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Conseco
to celebrate end of bankruptcy
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Penn
Traffic to Pay Chairman $100,000 a Month
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House
and Senate considering bills to shore up pension plans
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DVI
Extends Bid Process to October 3, 2003; Files Motion for New DIP
Facility
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U.K.: On
campus: bankruptcy
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warns France against aid to Alstom
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Bonds Extend Drop After Rescue Plan in Doubt
(DBN Subscription Required) Brussels
blocks €600m Alstom rescue
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future hinges on 11th hour rescue attempt
(DBN Subscription Required) __________________ Australia: Pan
founder devises eighth version of revival plan
(DBN Subscription Required) Selim
says his fortune on the line
(DBN Subscription Required) Bankruptcy
case halts debt collection nationally
(DBN Subscription Required) Costs
have risen
(DBN Subscription Required) ___________________ Canada: CLC
wants fund to protect bankrupt firms' workers
(DBN Subscription Required) Melnyk
lawyers want Sens records sealed
(DBN Subscription Required) Vicwest
successfully completes restructuring
(DBN Subscription Required) ____________________ Thailand: Thai
TPI/Creditors: Hires Advisers To Revise Debt Plan
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TPI To Resume Interest Payments To Creditors In Sept
(DBN Subscription Required) __________________
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