April 27, 2004 

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

         

Law:

Wilmer Cutler and Hale and Dorr fight it out for control of European operation
(The Lawyer: separate free registration required)

Spying By Opposing Counsel Alleged in Ugly Dispute
(DBN Subscription Required)

Client conflicts forces Weil Gotshal to drop NYC gun case
(The Lawyer: separate free registration required)

Parties dispute whether they had attorney-client or business relationship
(DBN Subscription Required)

Lawyer shows time wounds all heels
(DBN Subscription Required)

SEC Case Shines Light on Professionals' Liability
(DBN Subscription Required)

Large N.J. Firms Getting Bigger, Faster
(DBN Subscription Required)

Alstom general counsel quits after disclosure row with CEO
(The Lawyer: separate free registration required)

Are Profits-per-Partner Overrated?
(DBN Subscription Required)

Chadbourne & Parke Elects Management Team
(DBN Subscription Required)

Ahold reveals €170m legal bill in year-end results
(The Lawyer: separate free registration

NY Judge Says Law Firm Tried to "Hold Up" Holocaust Fund
(DBN Subscription Required) required)

Boot camp for ex-White & Case fraudster
(The Lawyer: separate free registration required)

Firm Raids Rival, Sees Sunny Days Ahead
(DBN Subscription Required)

Leaked Jones Day Memo Triggers Suit Against Newspaper
(DBN Subscription Required)

If This Is a Recovery, Why Am I Unemployed?
(DBN Subscription Required)

The long retreat from Asia
(The Lawyer: separate free registration required)

Anna Kournikova Sues Her Mom and Dad
(DBN Subscription Required)

Client Says Firm Botched Patent, Sues
(DBN Subscription Required)

Law School Turf War Ignites
(DBN Subscription Required)

Latham makes further raid on Skadden
(The Lawyer: separate free registration required)

Companies Lawyering Up for a Good, Old-Fashioned Hostile Takeover
(DBN Subscription Required)

Title recital
(The Lawyer: separate free registration required)

Rules of Engagement: The Zen of Partner Contact
(DBN Subscription Required)

______________

Corporate Reform:

Annuities likely to be caught up in scandal
(DBN Subscription Required)

Boeing faces an expanding federal criminal probe
(DBN Subscription Required)

Quattrone Set to Testify in His Retrial
(DBN Subscription Required)

Veteran male execs are top fraud suspects
(DBN Subscription Required)

Quattrone Defense Calls Character Witnesses
(DBN Subscription Required)

Jury Selection Begins in Trial of Former NY Partner
(DBN Subscription Required)

Ex-CSFB Staffer Tells Of Quattrone File-Cleaning Advice
(DBN Subscription Required)

Who's in Charge of Sarbox Compliance?
(DBN Subscription Required)

Lawyers Agree to Talks in Qwest Case
(DBN Subscription Required)

______________

States hope tax scofflaws will pay to avoid being outed on Web
(DBN Subscription Required)

Don Johnson Is Broke
(DBN Subscription Required)

Johnson's Company Files for Bankruptcy
(NYT: separate free registration required)

Kmart withdraws lawsuit against Stewart company
(DBN Subscription Required)

Kmart And Martha Make Nice, Ink New Sales Deal
(DBN Subscription Required)

Martha Stewart prosecutors argue against new trial: $14,000 handbag at issue
(DBN Subscription Required)

RusAl Says It Paid $306.2 Mln For Kaiser's Alpart Stake
(DBN Subscription Required)

Council of bankrupt city terminates attorney's contract
(DBN Subscription Required)

  Airlines:

Germans come to rescue of Air Canada
(DBN Subscription Required)

German bank deal rescues Air Canada from brink
(DBN Subscription Required)

Li family tends to take hard line to get its way
(DBN Subscription Required)

Deutsche Bank to Help Air Canada Raise C$850 Mln
(DBN Subscription Required)

Air Canada headed out of bankruptcy
(DBN Subscription Required)

Air Canada plan is all about being connected
(DBN Subscription Required)

Air Canada restructures its restructuring plan: $250M equity sponsor sought
(DBN Subscription Required)

No Wonga, So Air Tonga Is No Longa
(DBN Subscription Required)

Faltering U.S. airline recovery still unsteady
(DBN Subscription Required)

Pilot Union Pres Doesn't See Northwest Deal By Labor Day
(DBN Subscription Required)

Airline Firms Flying at Different Altitudes on Profit/Loss Path
(DBN Subscription Required)

Airline Execs Predict Restructurings
(DBN Subscription Required)

Airlines Are Hiring -- It's Good News, Bad News for Pilots
(WSJ: separate paid subscription required)

Pension Funding Shortfall Of $20 Billion Could Tip Carriers Into Bankruptcy
(DBN Subscription Required)

Labor Picture Brightens at Northwest Airlines
(DBN Subscription Required)

______________

Steel:

Creditors Seek Emergency Stay Of Weirton Steel Sale To ISG
(DBN Subscription Required)

Judge Denies Delay of Weirton Steel Sale
(DBN Subscription Required)

________________

Energy:

Energy Cos. Reach $280M Deal With Calif.
(DBN Subscription Required)

City joins Montana Public Power Authority in its efforts to buy NorthWestern Energy Corp's energy transmission system
(DBN Subscription Required)

All Star Gas Takes Another Step Toward Emerging From Chapter 11
(DBN Subscription Required)

_______________

Telecoms:

AT&T must face group lawsuit over sales taxes
(DBN Subscription Required)

Brazil's Embratel says telecoms forming cartel
(DBN Subscription Required)

Judge forbids break-up fee from MCI in Telmex deal
(DBN Subscription Required)

As MCI chirps about the future, questions persist: How much was the fraud?
(DBN Subscription Required)

NY court set to decide on sale of Embratel
(DBN Subscription Required)

______________

Economy:

He'll Take Your Job and Ship It
(DBN Subscription Required)

Outsourcing to India to Increase 50% Next Year

_______________

Accounting:

Allied Capital Under Scrutiny Over $9 Million Transaction
(NYT: separate free registration required)

Tax avoidance clampdown goes global
(DBN Subscription Required)

Computer Associates Restates $2.2 Billion
(DBN Subscription Required)

_________________

Tropical's Finances Still Run In Red
(DBN Subscription Required)

CNE Group, Inc. Receives Going-Concern Qualification
(DBN Subscription Required)

Bankrupt Portland, Ore., Lumber Company Crown Pacific Considers Selling
(DBN Subscription Required)

Jackson goods seized to pay off debt
(DBN Subscription Required)

CropTech assets to go on public auction block
(DBN Subscription Required)

Sudden hotel closing rattles guests
(DBN Subscription Required)

Pittsburgh: End may be near for H. Samson
(DBN Subscription Required)

 

New Bankruptcy Opinions
(3 new opinions today) 

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings
(DBN Subscription Required)

Weird News
(DBN Subscription Required)

Tim Hortons wins Bess Eaton auction
(DBN Subscription Required)

Moody's revises Regal Cinemas outlook to negative
(DBN Subscription Required)

Intrepid U.S.A., Inc. Retains Crossroads, LLC to Lead Reorganization Efforts and CapitalSource to Provide DIP Financing
(DBN Subscription Required)

Tower Records' parent plans debt sale
(DBN Subscription Required)

Star Diamond Group Not in Bankruptcy
(DBN Subscription Required)

New Coastal Trips for New Skunk Train
(DBN Subscription Required)

WestPoint Stevens gets reorganization extension
(DBN Subscription Required)

SimRidge Technologies' assets placed on auction block
(DBN Subscription Required)

North American Tungsten Corporation Ltd. Settlement Agreement with Two Secured Creditors
(DBN Subscription Required)

Developers of Monroe, Ohio-Area Project File for Chapter 11 Protection
(DBN Subscription Required)

Anixter International Inc. Proposes to Acquire Assets and Operations of Bankrupt Distribution Dynamics, Inc.
(DBN Subscription Required)

UK:

Amicus Call for Change in the Law on Pensions Following Meeting with Mayflower Trustees
(DBN Subscription Required)

Current Distressed Companies Update
(DBN Subscription Required)

Call to cap auditors' liability
(DBN Subscription Required)

Geoffrey Richmond declared bankrupt £3.3m debts of ex-Leeds consultant
(DBN Subscription Required)

______________

Italy:

Bank of America in challenge to Bondi
(The Lawyer: separate free registration required)

Bank of America Worker Helped Misstate Parmalat Loans
(DBN Subscription Required)

_______________

Japan:

Tesco aims to acquire Tokyo retailer after bailout
(DBN Subscription Required)

Mitsubishi Motors chief gives up wheel
(DBN Subscription Required)

_________________

Indonesia:

Pru Bankruptcy Ruling Will Harm Indonesia - Minister
(DBN Subscription Required)

Indon court ruling hurts Jakarta's int'l image
(DBN Subscription Required)

Pru fights Jakarta verdict
(DBN Subscription Required)

_______________

Russia:

Tax bill may force Yukos to default
(DBN Subscription Required)

Yukos Told by Banks It Faces $1 Bln Loan Default
(DBN Subscription Required)

_______________

Bahrain:

Credit databank to reduce loan risks
(DBN Subscription Required)

_______________

France:

Alstom wins breathing space from creditor banks
(DBN Subscription Required)

_______________

Canada:

Doman Industries Reaches Agreement With Noteholders
(DBN Subscription Required)

_______________

Thailand:

Thailand Cement Maker TPI Polene Seeks Debt, Interest Write-Off
(DBN Subscription Required)

_______________

Korea:

Card delinquency falls first time in 9 months
(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 and for full time students. 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