April 5, 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
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Telecoms:

ICG may file for bankruptcy
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Avaya makes comeback
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MCI to pay $27 mln to settle billing claims
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Enron:

Wife of Ex-Enron CFO Faces Sentencing
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Company behind on bankruptcy emergence date
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Steel:

Group seeks delay of Weirton sale to ISG
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U.S. House Passes Pension Bill, But Fate Uncertain
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Law:

Big Name Lawyers Take Sides in Greenberg Traurig's Lobbying Fees Controversy
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Lobbyist accused in kickbacks scheme
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Lobbyist's skills and connections didn't come cheap
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Sullivan tops surging US deal tables
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Firm Launches New Office With Raid
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The latest law school rankings from U.S. News and World Report
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Rankings based on faculty quality
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For many attorneys, working for a big legal firm is just a step on the way to running their own practice
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Collegial to corporate: Law firms are changing
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Law Firms Find Market for Office Space Hot, and Getting Hotter
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Ancillary businesses generate law firm revenue
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With business improving, law firms rethink hiring
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National presence is key to larger law firms' expansion
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Law firms formulate marketing strategies
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I-10 expansion elbows out custom-built law offices
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Law firms boost emphasis on rainmaking skills
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A new wave of advertising: Competition prompts law firms to introduce sophisticated print ads
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Lawyers' ads in the crosshairs: Bill quiets commercial speech; critics say it's the Bar that would be muzzled
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Missouri firm in IRS sights: Lawyers who greenlighted hospital bonds are next to fall under scrutiny
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What to Do in Light of the Recent Mutual Fund Investigations
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Think Partner Retreats Are a Waste? This Summer Try an Owner Summit Instead
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Key Steps to Market Your Firm to Junior Lawyers & Laterals
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Firm Decorates Offices With Motorcycles And Rock 'n' Roll Memorobilia
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Simple Facilitation Ideas to Keep Peace at Partner Meetings
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New Benchmarks Look at Law Firm Health-Care Plans
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After the Merger: How to Pay Partners and Avoid Detrimental Disparities
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Partner Retirement: What Are Law Firms Doing Now?
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Trump: Fire Yourself
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You're rich! Or could be, Trump says
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Lawyers Fired Up Over 'You're Fired'
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Casino $$ Men Thump Trump
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Crunch Time for Trump's House of Cards
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Not So Secret: Limitations on Attorney/Client Privilege for Individual Debtors in Possession

Trustee in G2 bankruptcy case negotiates more funds for creditors
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HomeGold investors still struggle with losses
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Bankruptcy stalls cheerleader coach's slander suit
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New owners plan Fannie May comeback
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  Airlines:

Delta's condition weakens, bankruptcy speculation
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Delta freezes pay raises for some of its workers
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Turbulence For Air Canada
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2 more firms eye Air Canada: Union
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Unions refuse to bend further to save Air Canada
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Victor Li abandons Air Canada deal
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Air Canada rescue may rest with giant funds
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Air Canada seeks way out of mess
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Air Canada's white knight rides off
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Air Canada's unions seek active role
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Air Canada unions plot strategy after Trinity pulls out
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Ottawa wants private sector rescue for Air Canada
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Air Canada bailout unravels
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Trinity takes shot at unions that 'impair' Air Canada's ability to succeed
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Air Canada, Trinity agreement in tatters -- Airline announces $1.9-billion loss
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Give Air Canada more time, bankruptcy court told
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Air Canada Backed in Bid to Keep Flying
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GE Capital will not speculate on Air Canada deal
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Behind-the-scenes player has key role in talks between US Airways
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Pact keeps United from flying away: SFO secures its top tenant as bankrupt airline looks for other places to cut
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Judge OKs Hawaiian Air reorg process
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Hawaiian Air draws Chinese interest
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Corporate Reform:

Silicon Valley’s Political Clout / The battle to save stock options
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Is C.E.O. Pay Up or Down? Both.
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Tyco Mistrial
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Tyco Leaves a Hollow Feeling
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Lawyers Voice Concern Over Tyco Trial Fallout
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Bond Research Facing Probes Over Conflicts
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California schools send out distress signals
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Erase bad credit? Firms mostly erase your money
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Credit counsel industry in arrears
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Conseco on track with its recovery
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White House Opposes Bill on Fannie Mae
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Fannie Mae, Freddie Mac Bill `Unworthy' of Passage, Snow Says
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General Motors, GE, Ford Say They're in No Rush to Sell Bonds
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Chi-Chi's hepatitis outbreak claims 4th life
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Municipal solvency is a highly inexact science
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InSite Includes Going Concern Statement In 10-K
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Women First Announces Anticipated Nasdaq Delisting and Resignation of Board Member
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Numbered Swiss bank account another way to hide money
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GenChem emerges from Chapter 11
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SEC Official Gives More Asset-Backed Rule Details
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U.S. Bankruptcy Court Approves Titan Settlement With SureBeam Trustee
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Bankruptcies among Elderly Americans Rise
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R.G. Barry 4Q Loss Widens; Auditor Doubts Viability
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Blue Dolphin Energy Gets Going Concern Warning
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WorldGate Gets Going-Concern Opinion In 2003 Report
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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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CPA plans Iraq bankruptcy law to aid investment
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Rebound threatens $204M Butler deal
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FastForward files Chapter 11, on sales block
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Bradley to lose Austin condo: IRS receives Bankruptcy Court's permission to foreclose on home
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Protecting a Tenant When a Debtor-Landlord Attempts the Sale of Leased Property

President Casinos creditors look to convert debt to stock
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Creditors seeing red over Ch. 7 buyout proposal
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Accounting:

Global Crossing Ltd. Hires New Auditor
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Sarbanes-Oxley opens door to new business for smaller accounting firms
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Auditors charged more in 2003
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Lines blur between accountants, advisers
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KPMG, BearingPoint Settle Client Travel-Billing Suit
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Alpine wins Fannie May brand, plans to reopen 30 to 40 stores
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Timeline set for Dow Corning implant settlements, emergence from bankruptcy
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Primary Care Plus owner declares bankruptcy
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How to Protect Yourself When Doing Business with Financially Distressed Entities

Bush family loses most in bankruptcy
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UK:

Axe falls on 700 Mayflower jobs
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Pensions scandal hits Mayflower
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How did Mayflower run off the road?
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Eurotunnel: Turning point after a decade of crisis
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Rebel investors sharpen swords for Eurotunnel coup
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Plan to prevent bankruptcies
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Italy:

Parmalat Bondholders Enlist SEC in Fight Over Bankruptcy Claims
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South Africa:

Companies Act can pin responsibility on bosses
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MGX still a going concern despite its being insolvent
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Insolvency body angry over empowerment slur
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Less insolvencies and liquidations than ever this year
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Liquidators rue the day they took on the court
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Canada:

Bankruptcy law discriminates: student group
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Receiver bound to labour contracts
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Concert wins bankruptcy stay
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Australia:

Meet the law court punters
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New Tel liquidator slow to sue directors
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Ansett workers may get $85m extra
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Korea:

Newbridge, Mirae Asset Interested in LG Investment, Daily Says
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Thailand:

Thai Petrochemical Firm's Administrators Complete Plan to Clear Remaining Debt
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