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Asbestos:
Federal-Mogul
Raps Asbestos Compensation Fund
(DBN Subscription Required)
Gilbert
Heinz Disqualified From Representing ACC Due To Ethical Conflict
(DBN Subscription Required)
Halliburton
posted a $65 million net loss, hurt by a $141 million charge for a
proposed asbestos and silica settlement
(WSJ: separate paid subscription required)
Halliburton
Posts Loss After Settlement
(DBN Subscription Required)
NAIC
Tells Senate Asbestos Bill Key To Insurer Solvency
(DBN Subscription Required)
Try,
try again for asbestos relief
(DBN Subscription Required)
Possible
sharp increase in asbestos diseases
(DBN Subscription Required)
_________________
Directors'
Duties in the Zone of Insolvency: A Practical Guide
(Martindale: separate free registration required)
Steel:
Creditors
still battle ISG-Weirton deal
(DBN Subscription Required)
Stelco
facing record loss
(DBN Subscription Required)
Stelco
stresses need for help, Liberals step in
(DBN Subscription Required)
U.S.
Steel reports first profit in five quarters
(DBN Subscription Required)
Stelco
posts information from stakeholder presentations
(DBN Subscription Required)
_______________
HomeGold
judge blasts dumping of documents
(DBN Subscription Required)
Ex-employees
found in contempt for destroyed HomeGold documents
(DBN Subscription Required)
Enron:
Enron
To Pass Argentina TGS Stake To Creditors
(DBN Subscription Required)
__________________
Corporate Reform:
Doubts
raised over testimony in Adelphia case
(DBN Subscription Required)
CA
in court to fight indictment
(DBN Subscription Required)
Janus
and U.S. regulators reach $225M settlement in fund trading scandal
(DBN Subscription Required)
Frank
Quattrone takes witness stand in retrial, denies obstructing justice
(DBN Subscription Required)
Dozens
of firms are avoiding new board-independence rules by using an exemption
for corporations that are controlled by small groups of shareholders
(DBN Subscription Required)
Pension
Crisis Prompting Changes to Company Retirement Plans
Adelphia
Prosecutors Simplify Their Case, Signaling Confidence
(WSJ: separate paid subscription required)
Adelphia
prosecutors streamline their fraud case
(DBN Subscription Required)
Judge
Gives Prosecutors More Time to Decide Whether to Retry Qwest Executives
(DBN Subscription Required)
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Accounting:
Global
Crossing begins an accounting review
(DBN Subscription Required)
Dear
FASB: Our options rule!
(DBN Subscription Required)
Global
Crossing Plans to Restate Financial Results
(DBN Subscription Required)
Deloitte
in the clear as Barings case ends
(DBN Subscription Required)
6-Month
Bar Against Ernst & Young Begins
(DBN Subscription Required)
Student
Perceptions of the Accounting Profession After Enron
(DBN Subscription Required)
______________
Md.
suspends license of CashPoint pay service
(DBN Subscription Required)
Judge
Tells Knoxville, Tenn., Firm to Pay Worker's Back Vacation Wages
(DBN Subscription Required)
Mortgage
giants' regulator drafting a rule that would spell out how the agency
could take over and wind down the firms' operations in case of financial
trouble
(DBN Subscription Required)
Jackson's
finances are solid, adviser says
(DBN Subscription Required)
Royal
Dutch/Shell to cut up to 2,800 jobs
(DBN Subscription Required)
Many
families are in deep financial trouble because of nice homes and the
escalating costs to raise kids
(DBN Subscription Required)
Fitch
Ratings Downgrades Triton Aviation Finance
(DBN Subscription Required)
Regional
Orchestra Flounders in Troubled Financial Waters
(NYT: separate free registration required)
A
Look at Household Bankruptcies
(DBN Subscription Required)
Ban
extended against pay-per-view Jackson memorabilia Web site
(DBN Subscription Required)
Off
the Grill partly victim of its own success
(DBN Subscription Required)
U.S.
Court Sets Key Date in Napster Damages Cases
(DBN Subscription Required)
Fall
From Grace: Alarm Biz Files for Chapter 11
(DBN Subscription Required)
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Met
Examiner Wants $900,000 ; Fee for 45 Days of Work Called `Grotesque'
(DBN Subscription Required)
Airlines:
Deutsche
Bank to share bailout risk
(DBN Subscription Required)
Rescue
said to hinge on new airline rules
(DBN Subscription Required)
Machinists
say Air Canada's difficulties are important to Canadians
(DBN Subscription Required)
Air
Canada Creditors Have the Right to Legal Set-Off Under the Companies
Creditors Arrangement Act
(DBN Subscription Required)
New
Air Canada rescue deal wins cautious thumbs up
(DBN Subscription Required)
Reservationists'
layoffs expected at Continental Airlines
(DBN Subscription Required)
Airline
lost $177M
(DBN Subscription Required)
S&P
may still cut US Airways Group's ratings
(DBN Subscription Required)
US
Airways Posts Loss; Additional Cuts Loom
(DBN Subscription Required)
US
Airways says hubs no longer crucial
(DBN Subscription Required)
Legacy
carriers show few signs of phoenix
(DBN Subscription Required)
Brussels
to look at Alitalia rescue package
(DBN Subscription Required)
Avianca
bidder says to withdraw offer on May 31
(DBN Subscription Required)
New
Zealand to help folk stranded on Tonga after airline's plane seized
(DBN Subscription Required)
How
a city can win by losing its airport hub status
(DBN Subscription Required)
Private
equity firm TPG sees airline risk, reward
(DBN Subscription Required)
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Telecoms:
MCI
Asks Judge to Approve Sale of Embratel to Telmex
(DBN Subscription Required)
Calais
Says MCI Would Be Indemnified In Embratel Deal
(DBN Subscription Required)
Judge
Rules MCI Can Sell Brazilian Unit
(DBN Subscription Required)
Dispute
over Embratel takes new twist
(DBN Subscription Required)
Questions
Linger Despite MCI Rebirth
(DBN Subscription Required)
New
Mexico Doubles Claim on WorldCom Suit to More Than $160 Million
(DBN Subscription Required)
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Law:
Firm
Raises Associate Bonuses
(DBN Subscription Required)
Clifford
Chance Partners Deny Rumors of Mass Exit Strategy
(DBN Subscription Required)
Former
Mary Kay CEO Sues Top Firm for $50 Million
(DBN Subscription Required)
Partner
Turned Saudi Ambassador Returns to His Firm
(DBN Subscription Required)
Committee
backs rule allowing lawyers to cite unpublished decisions
(DBN Subscription Required)
Elizabeth
Stotland Weiswasser, a Weil Gotshal Partner, Wins 2004 Burton Award for
Legal Achievement
(DBN Subscription Required)
Canada’s
Blakes Cassels makes Chicago debut
(The Lawyer: separate free registration required)
Lawyers’
pay-packets swell as support staff suffer
(DBN Subscription Required)
One
year at law school just isn't enough
(DBN Subscription Required)
Firm
Promotes Associates, Scoops Up NY Lawyers
(DBN Subscription Required)
Lawyer's
ex-wife gets prison sentence in fraud case
(DBN Subscription Required)
Texas
Jury Awards $1 Billion In Diet Drug Suit
(DBN Subscription Required)
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Energy:
PSC
sets its own NWC strategy
(DBN Subscription Required)
Governmental
Units Not Forward Contract Merchants
(Martindale: separate free registration required)
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Economy:
This
rising tide is lifting only yachts
(DBN Subscription Required)
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Chambers
USA Ranks Haynes And Boone's Bankruptcy Practice No. 1 In Texas And
Among The Best In The United States
(DBN Subscription Required)
Famous
Sacramento Restaurant Closes Down
(DBN Subscription Required)
Jazz
Golf Equipment Sees Going Concern Uncertainty
(DBN Subscription Required)
Jacksonville
FBI Investigation into Nationwide Company Omne Temporary
(DBN Subscription Required)
Nevada
making headway collecting debts
(DBN Subscription Required)
Shaw
to buy KB Toys' Web business
(The Deal: separate paid registration required)
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New
Bankruptcy Opinions
(No new opinions today) Bankruptcy
Court Web/Pacer Site Directory
Recent
Ch. 11 Filings
(DBN Subscription Required)
Weird
News
(DBN Subscription Required)
FiberMark,
Inc. Receives Court Approval of Full DIP Financing and all First-Day
Motions
(DBN Subscription Required)
EPIQ
Systems, Inc. Announces First Quarter Results Reporting 85% Revenue
Growth
(DBN Subscription Required)
Trenwick
Creds To Propose Alternate Ch 11 Plan
(WSJ: separate paid subscription required)
Notary
takes Fifth in Bradley bankruptcy trial
(DBN Subscription Required)
Failure
Not So Bad for Entrepreneurs Who Can Learn from It
(DBN Subscription Required)
Factory
2-U Stores Posts $402,196 Net Loss For March Period
(WSJ: separate paid subscription required)
Equity
Sponsors May Have WARN Act Liability
(Martindale: separate free registration required)
UK:
Circatex
faces threat of paying back £3.75m DTI grant
(DBN Subscription Required)
RBG
pair who secretly controlled brassplate firms must pay £200m
(DBN Subscription Required)
US
disposal raises £310m to pay down Invensys debts
(DBN Subscription Required)
Dixons
to close down 106 outlets
(DBN Subscription Required)
'Third
of Debtors Suffer Stress, Depression and Panic'
(DBN Subscription Required)
Move
to plug UK company pensions loophole
(DBN Subscription Required)
An
administrator who fails to inform creditors voting on proposals for a
company voluntary arrangement of an offer for the assets of the company
is guilty of an irregularity
(DBN Subscription Required)
_______________
Canada:
Promax
Energy May Face receivership
(DBN Subscription Required)
McWatters
Mining: Creditor Protection Extended To May 28
(WSJ: separate paid subscription required)
Les
Boutiques San Francisco Receives Seven Offers From Third Parties
(DBN Subscription Required)
Student
loan headaches logged in thousands of cases each month
(DBN Subscription Required)
Doman
plan bad news for Port Alice
(DBN Subscription Required)
Doman
accepts creditors' restructuring plan
(DBN Subscription Required)
Les
Boutiques SF Bankruptcy Protection Extended
(DBN Subscription Required)
Clarifying
Canadian Landlords' Rights
(Martindale: separate free registration required)
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Russia:
YUKOS
CFO justifies default warning
(DBN Subscription Required)
Other
firms at risk, says Yukos
(DBN Subscription Required)
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Australia:
Elliott
loses latest court bid
(DBN Subscription Required)
Epic's
pipeline falls into receivership
(DBN Subscription Required)
Foot-in-the-door
auditing dries up
(DBN Subscription Required)
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France:
Banks
grant Alstom breathing room
(DBN Subscription Required)
________________
Argentina:
Argentina
to Present Debt Rescheduling Plan by June
(DBN Subscription Required)
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Italy:
Italy
tax police search banks in Cirio probe
(DBN Subscription Required)
Parmalat
conflict between Italy and Ireland
(DBN Subscription Required)
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Indonesia:
I
cost too much, says agent who caused Pru bankruptcy
(DBN Subscription Required)
Indonesia
wants Prudential unit to restart ops after bankruptcy case
(DBN Subscription Required)
__________________
Japan:
Tesco
buys bankrupt Japanese store chain
(DBN Subscription Required)
__________________
China:
China's
Central Bank Says Curbs Are Slowing Growth
(DBN Subscription Required)
_______________
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