September 2, 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 bill struggling on Capitol Hill
(DBN Subscription Required)

Halliburton's Iraq Work Booms, Yet Stock Falters
(DBN Subscription Required)

Armstrong World Told To Unseal $73M Arbitration Decision
(WSJ: separate paid subscription required)

Court denies Federal-Mogul bid for Citigroup talks
(DBN Subscription Required)

Legislation seeks to stem the tide of asbestos-related suits
(DBN Subscription Required)

__________________

Telecoms:

'Nod likely' for deal on Global Crossing
(DBN Subscription Required)

New US Treasury Rules Affect Post-Bankruptcy Tax Strategy
(DBN Subscription Required)

WorldCom's unwelcome new suits
(DBN Subscription Required)

Report Suggests SBC Officials Urged Oklahoma to Take Aim at MCI
(DBN Subscription Required)

The crime of a second chance
(DBN Subscription Required)

MCI Names Five New Members to Its Board
(DBN Subscription Required)

Buffett's Berkshire Bought $500 Mln of Nextel Debt
(DBN Subscription Required)

MCI CEO Capellas Told To Give 4 More Hours Of Deposition
(DBN Subscription Required)

States See Opportunity in MCI Suits
(DBN Subscription Required)

MCI set to split chairman and CEO roles
(DBN Subscription Required)

State suspends future business with MCI
(DBN Subscription Required)

WorldCom to Put Curbs on CEO's Pay, Influence
(DBN Subscription Required)

WorldCom's data center on the auction block
(DBN Subscription Required)

Tainted Advice?
(DBN Subscription Required)

Bankrupt Pittsburgh Internet Provider to Sell Assets
(DBN Subscription Required)

______________________

Airlines:

Midway Airlines risks liquidation, bankruptcy judge says
(DBN Subscription Required)

Midway's bankruptcy fees soar
(DBN Subscription Required)

United Airlines Delays Bankruptcy Exit
(DBN Subscription Required)

Sizing Up United Is Matter of Debate
(DBN Subscription Required)

Colo. Probes United Airlines Contracts
(DBN Subscription Required)

Hawaiian Airline's shares are trading again, but may end up worthless
(DBN Subscription Required)

Hawaiian Wants To Stop Pilot Pension Payments
(DBN Subscription Required)

Atlas Air Gets Extension Of Forbearance Pact
(DBN Subscription Required)

Midwest Express extends credit facility
(DBN Subscription Required)

Hub system will stick around -- but at a big cost
(DBN Subscription Required)

Plane makers face discount demands
(DBN Subscription Required)

____________________

Pillowtex:

Auction OK'd for Pillowtex assets
(DBN Subscription Required)

Pillowtex can be auctioned in pieces
(The Deal: separate paid registration required)

As Pillowtex fails, competitor flourishes
(DBN Subscription Required)

Plenty of blame to go around for Pillowtex
(DBN Subscription Required)

________________

Enron:

Ex-Enron chairman sells Aspen home at loss
(DBN Subscription Required)

Enron ruling pushes Sierra Pacific closer to financial edge
(DBN Subscription Required)

____________________

San Francisco's Economic Woes a Boon for Visitors
(NYT: separate free registration required)

Scrutiny intensifies for D&O insurance policies
(DBN Subscription Required)

The battle over Top-Flite will be decided this week
(DBN Subscription Required)

Advanced Lighting faces creditor revolt
(The Deal: separate paid registration required)

The coming first world debt crisis
(DBN Subscription Required)

Production co. enters familiar chapter: 11
(DBN Subscription Required)

Fiduciary liability costs skyrocketing
(DBN Subscription Required)

More go bankrupt in Detroit area
(DBN Subscription Required)

Tanknology taken to task
(DBN Subscription Required)

U.S. workers' fears rise as jobs are lost and pay lags
(DBN Subscription Required)

Samuels ready to reorganize
(DBN Subscription Required)

 

 

Law Firms:

Introducing the new elite - the all-around top firms
(DBN Subscription Required)

Smaller expansions help law firms grow at steady pace: Tactics vary from adding offices to focusing on practice areas
(DBN Subscription Required)

Has Littler Mendelson expanded more quickly than it should have? Several ex-partners say yes
(DBN Subscription Required)

The former Milbank associate who complained of having her career sidetracked by a pregnancy has now joined the ranks of the law bloggers
(DBN Subscription Required)

Anatomy of a Turnaround or How to Save Your Law Firm
(DBN Subscription Required)

Between the lines of the Martha Stewart indictment are intriguing hints about the role played by her original defense team from Wachtell
(DBN Subscription Required)

Patton Boggs picks unlikely spot for international debut
(DBN Subscription Required)

Where I Was When The Lights Went Out
(DBN Subscription Required)

Cost, Value and ROI for Knowledge Management in Law Firms
(DBN Subscription Required)

Achieving the Benefits of Practice Management
(DBN Subscription Required)

O'Quinn law firm must pay associate
(DBN Subscription Required)

The Ultimate Challenge: From School to Startup
(DBN Subscription Required)

Strategic Positioning For Law Firms
(DBN Subscription Required)

Online Billing: Submitting Legal Invoices Electronically
(DBN Subscription Required)

Lawyering up: Firms see mild rebound as business optimism grows
(DBN Subscription Required)

Law firm finds itself growing in all directions
(DBN Subscription Required)

Fish & Richardson stung for $30M in botched patent filing
(DBN Subscription Required)

Judge Reprimanded for Drunken Passes
(DBN Subscription Required)

________________

Unwary College Kids Can Be Buried Under Credit Card Debt
(DBN Subscription Required)

Former NFL lineman ready to take on Tyson
(DBN Subscription Required)

Tyson's latest step is descent into ugly chaos
(DBN Subscription Required)

China's Minmetals mulls buying Kaiser alumina assets
(DBN Subscription Required)

Regus hopes to exit Chap 11 by swapping debt
(DBN Subscription Required)

Energy:

Mirant Bid To Shed Contract Stirs Jurisdictional Debate
(WSJ: separate paid subscription required)

Credit Suisse, Lehman Agree To Give NRG Energy $2.2 Billion
(DBN Subscription Required)

Mirant, GE Capital Extend DIP Commitment Another Week
(DBN Subscription Required)

Cleco Unit To Seek Damages Vs Mirant Corp
(DBN Subscription Required)

US blackout: Enron culture is the culprit
(DBN Subscription Required)

PG&E bankruptcy deal attacked
(DBN Subscription Required)

FERC staff recommend dropping claims against LADWP
(DBN Subscription Required)

Pepco Responds to Mirant's Move to Cancel Pepco Agreements and Block FERC Review
(DBN Subscription Required)

Cleco says it may sue Mirant over La. power pact
(DBN Subscription Required)

TransTexas, subsidiaries emerge from bankruptcy
(DBN Subscription Required)

'Furious' NorthWestern shareholders pummel CEO with hard questions
(DBN Subscription Required)

___________________

Corporate Reform:

CEO Pay Far from Being Scaled Back
(DBN Subscription Required)

Former Politicians Less Eager to Make Trip to Boardroom
(DBN Subscription Required)

_________________

Accounting:

Sarbanes-Oxley affects internal audit business
(DBN Subscription Required)

Houston Prosecutor Brings New Force to SEC
(DBN Subscription Required)

A new SEC rule governing attorney conduct puts a strain on relations between finance executives and corporate counsel
(DBN Subscription Required)

Opportunities could spring from Sarbanes-Oxley act: Accounting firms ready to capitalize on new rules
(DBN Subscription Required)

Tightening the screws: Next round of regulations will impact private firms, too
(DBN Subscription Required)

Accountants Questioned for Questioning Accounting
(DBN Subscription Required)

______________________

US Bankruptcy Court Confirms Systech Reorganization Plan
(DBN Subscription Required)

SunTrust gets burned for $60 million
(DBN Subscription Required)

 

 

New Bankruptcy Opinions
(2 new opinions today)

Bankruptcy Court Web/Pacer Site Directory

Weird News
(DBN Subscription Required)

Scammed clients vent at Slatkin
(DBN Subscription Required)

Daewoo dealers: We were steamrolled: Suits challenging GM are being consolidated
(DBN Subscription Required)

Revlon may need to restructure to resolve debt
(DBN Subscription Required)

Wherehouse Entertain's Landlord Opposes Turnaround Plan
(WSJ: separate paid subscription required)

National Equipment Hires Consulting Firm To Aid Reorganization
(DBN Subscription Required)

The 10 deadly sins
(DBN Subscription Required)

Steel:

Integrated Steelmaking May Be Endangered
(DBN Subscription Required)

_____________________

What to do when your borrower files Chapter 11
(DBN Subscription Required)

Conseco in deal to sell GM Building to Macklowe
(DBN Subscription Required)

U.S. consumer credit quality to worsen
(DBN Subscription Required)

Ten banks to sue UBS, BNP-Paribas in Switzerland over bankruptcy
(DBN Subscription Required)

Lenders strive to protect bankrupt Crown's assets
(DBN Subscription Required)

Investment bankers at a discount: Tough times lead some to stop charging retainer fees
(DBN Subscription Required)

Taxi company driven to Chapter 11
(DBN Subscription Required)

A restructuring signals that it's time to unload your bonds
(DBN Subscription Required)

Magnatrax Asks Court For Emergency Changes To DIP Loan
(WSJ: separate paid subscription required)

England:

Goldman and Morgan unite for Canary bid
(DBN Subscription Required)

BHP Billiton Says It Will Still Seek to Sell Coal to Drax
(DBN Subscription Required)

New UK Head of KPMG Corporate Recovery
(DBN Subscription Required)

Deloitte sells Sanderson to Walker Greebank
(DBN Subscription Required)

___________________

Australia:

Australian drug firm at center of record recall facing liquidation
(DBN Subscription Required)

Pan rescue hangs in balance
(DBN Subscription Required)

Former Pan boss offers creditors deal to avoid lawsuit
(DBN Subscription Required)

Selim woos creditors for vote
(DBN Subscription Required)

Creditors sink Pan rescue bid
(DBN Subscription Required)

Creditors of failed Aussie drug company meet
(DBN Subscription Required)

Liquidator appointed for Yeshiva
(DBN Subscription Required)

Reynolds administrators given extra time
(DBN Subscription Required)

Reynolds gives off insolvent bouquet
(DBN Subscription Required)

____________________

Canada:

Argos beat Ticats in 'Bankruptcy Bowl'
(DBN Subscription Required)

A sorry saga of government malfeasance
(DBN Subscription Required)

_________________

Japan:

70% of Japanese worry about daily life
(DBN Subscription Required)

IRCJ opts to bail out ailing Mitsui Mining
(DBN Subscription Required)

__________________

France:

Credit Lyonnais, After Record Bailout, Still Costing Taxpayers
(DBN Subscription Required)

French Retailer Tati Files for Protection
(DBN Subscription Required)

___________________

Argentina:

Argentina and IMF lock horns as deal expires
(DBN Subscription Required)

___________________

Korea:

Combined Bankruptcy Bill Contains Flaws
(DBN Subscription Required)

________________

China:

2,000 State-Owned Chinese Businesses Expected to Go Bust within 5 Years
(DBN Subscription Required)

China forecasts further job losses
(DBN Subscription Required)

___________________

Mexico:

Judge freezes insurance giant's accounts in Mexico
(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