April 13, 2004 

Citigroup Is Top Underwriter for Companies That Went Bankrupt
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Airlines:

Fleet Leasing Dispute Splits Creditors at Bankrupt United Airlines
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Arrow Air files paperwork for Feb. layoffs
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Rival airlines' legal feud includes allegations of spying
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US Airways faces key labor talks
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Judge asked to assist Air Canada unions
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Delta likely to post loss in quarter
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UAL gets pension relief
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Corporate Reform:

Spitzer's Office Recovered $1.7 Billion Last Year
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Calpers to Withhold Votes at a Dozen More Companies
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Key pension fund takes on Buffett, others
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Testifying in question for banker
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Timothy Rigas Said to Sign Phony Papers
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Bank of America's Investors Pay as Lewis Settles Trading Probe
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Ex-Goldman Economist Gets 33 Months
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Quattrone Returns to Court for 2nd Trial
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Executive Compensation Emerges as Number One Corporate Governance Issue

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Enron:

Enron: Where is it today?
(Martindale: separate free registration required)

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Energy:

California's PG&E merges from Chapter 11
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Consumers face billions in higher charges as PG&E ends bankruptcy
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Calpers says withholding votes for PG&E board
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PG&E cautiously sees its shadow
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Utility Pacific Gas Electric Ends Bankruptcy Stay
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Cloud lifts from PG&E - With bankruptcy behind it, utility's credit ratings rise
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Urecoats Industries Receives a Going Concern Qualification
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aaiPharma's Growing Tale of Woe
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Second Circuit Court of Appeals Affirms Dismissal of Keene Fraudulent Conveyance Case Against Genlyte
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Another WARNing -- Investment Fund Owners Of Bankrupt Company May Be Held Liable For Violations of the WARN Act, ERISA and COBRA
(Martindale: separate free registration required)

Steel:

International Steel Group, creditors group bid for control of Weirton Steel
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Havens Steel gets 30-day reprieve
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Weirton says asset auction adjourned
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Law:

Law Firms as Defendants: Why They Settle
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Top NY Firms Winning Big Clients in Silicon Valley
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Left Coast Law Firms Rated Nice Places to Work
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American Lawyer Magazine Places Sidley Austin Brown & Wood LLP at the Top of Its Corporate Scorecard for 2003
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Kaye Scholer Partner Jan Dodd Named to 'Top 20 Under 40'By Daily Journal Extra
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Lawyer must return freelancing fees
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Meeting of the Judicial Conference Advisory Committee on Rules of Bankruptcy Procedure
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Telecoms:

MCI Mulls Calais Offer For Embratel
(WSJ: separate paid subscription required)

MCI Fights Creditors' Bid to Oust Auditor
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MCI: States using "abusive" tactics in tax fight
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Hospital bills spin out of control
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Chemical maker to cut 3,500 jobs
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Ruby Tuesday Files $6.2M Claim Vs Piccadilly
(WSJ: separate paid subscription required)

Big Lenders Reap Bigger Reward
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Court halts operations of San Diego investment group
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Vestin Group Reaches Deal to Sell Landmark Castaways Las Vegas Hotel-Casino
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Dow Corning to Emerge From Bankruptcy June 1; Plans Job Cuts
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Hale-Halsell Survives Late '90s Turmoil
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California Amnesty Bill Targets Collection of Unpaid Taxes
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Shareholders of San Diego-Based Peregrine Systems Target Former Chairman
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Wet Seal Prospects Dim
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Former HomeGold executive must produce information
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Examiner's report assails Bucks firm's bookkeeping
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Tenth Circuit BAP Splits with Third Circuit Over Creditor Standing
(Martindale: separate free registration required)

Desert Hot Springs submits revised debt payment plan
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New Bankruptcy Opinions
(1 new opinion today) 

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings
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Weird News
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Asbestos:

Hatch pushes fund for asbestos claims
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Compromise sought for Libby asbestos victims
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Accounting:

Judge Supports I.R.S. in Illegal Shelter Case
(NYT: separate free registration required)

In Closely Watched Move, U.K. May Cap Auditor Liability
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Goodyear to reduce six years of earnings
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Data Shows U.S. Corporate Tax Burden Has Tumbled Making Profits Higher
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Accounting Board To Propose Fair-Value Disclosures In June
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Coca-Cola General Counsel Resigns Amid Accounting-Probe Criticism
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SEC Launches Formal Probe of Quovadx; CEO, CFO Resign
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Eight Indicted on Tax Avoidance Scheme for Wealthy Clients
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Illinois governor accuses board of not cooperating with casino probe
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Judge won't block pension cuts
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UK:

UK plcs too slow at paying bills
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Australia:

Part IX debt administrator struck off
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Bankers act over Epic pipeline sell-off
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Poland:

WP declared bankrupt - receiver appointed
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Mexico:

Despite imminent bankruptcy, Grupo Covarra still interests possible investors
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Brazil:

Brazil Bankruptcy Bill Seen In Senate Committee This Week
(WSJ: separate paid subscription required)

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Korea:

Korea's Credit Repair Programs Prove Ineffective
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