August 16 , 2004 

Daily Bankruptcy News

Brought to you by BKINFORMATION.COM - The Source for Business Bankruptcy Information on the Internet 

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Asbestos:

Feinstein Offers Asbestos Fund Compromise
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X-raying an asbestos quagmire
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James Hardie says to continue funding for victims
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Victims question Hardie decision
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Hardie shares slip
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Further doubt on offer by Hardie
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A New Legal Chapter for a 90's Flameout
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Law:

Attorney indicted on tax-evasion charges
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Cadwalader's Domination of CMBS Continues
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Oakland law firms lifted by Sacramento satellites
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Baker + McKenzie's new approach to the practice of McLaw
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'Antagonistic Motions' Bring Anger-Management Advice From Judge
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Getting backed up -- law firm follows industry trend, prepares for the worst
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All in the Family
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Lawyer Held in Contempt For Forging Judge's Signature
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What happens when lawyers and judges fall in love
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Buchanan Ingersoll makes practice of sharing space with clients: Nonattorney clients occupy about 10,000 square feet
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America's biggest-ever lawsuit
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Law Firms See Value in Conducting Surveys
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44 Class Action Lawsuits in 23 States Filed to Date by Uninsured Patient Plaintiffs Against Nonprofit Hospitals
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Holland & Knight to try 100 new lawyers in San Francisco office
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Linklaters need new partner retention policy as partners desert
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Stolar, Pranschke merger creates $20 million law firm
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Top London law firm sued by Jewish partner for racial discrimination
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Diocese nears threshold on bankruptcy
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Unclear Bankruptcy Rules Challenge Catholics and Disciples
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Bankruptcy Award Honors Judge Robert Brauer
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Parmalat's Bondi Emerges as Debt Market's Spitzer
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Fair Grounds gets extension
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Economy:

Oil nears $US47 a barrel
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Oil price worries dominate markets
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Bush gets no lift despite progress of U.S. economy - Improvements overshadowed by weak job market
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An economic slowdown is spreading world-wide amid surging oil prices, falling stocks and weak technology spending
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Steel:

The Good Times Roll
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Ivaco Agrees to Asset Sale, to End Bankruptcy
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Bankruptcy court approves deal for Keystone Consolidated Industries
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Reservists Encounter Difficulty Finding Jobs Upon Return
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Notification of Carolina Investors' creditors to cost $1 million
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Carolina Investors trustee may earn $1.9 million
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As jobs leave Michigan, industrial equipment follows
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Kokomo company facing lawsuits over loans
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Cities may be hurt by firm's money woes
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Ohio orchestras share in red ink
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Landmark East L.A. Hospital Is Closed by Bankruptcy Judge; Shutdown of facility with $10 million in debt raises fears of impact on weakened emergency care system
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Penthouse to Emerge from Bankruptcy This Month
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Orange County: Bankruptcy, Part II?
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O.C. Treasurer Warns County of Pension Risk
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Airlines:

Prime number
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Pension agency to ask court to jettison part of United deal
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UAL union opposes change in bankruptcy financing
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Air Canada creditors set to vote on restructuring
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Delta eyes premium routes, service to survive
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Pilots remain resolved
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Hobbled hubs
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US Airways troubles heighten union talks
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Weak routes a drag on Delta
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Delta: Employee 401(k) in danger
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AmWest CEO has strategy for crisis
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US Airways shares plunge
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Is U.S. Air Nearing a Chapter 11 Filing?
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US Air cuts worry small cities
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US Airways CEO says wasted time on talks 'silly'
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Alitalia fights for survival
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Ghana sacks state airline board, flights suspended
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Enron:

Frustrated by Enron, FERC Aims to Sharpen Its Bite
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Fifth Circuit Authorizes Rejection of Executory Contracts Regulated by FERC
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S firm owners should avoid declaring bankruptcy late in year
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Corporate Reform:

New rules demand quicker 8-K filing of 'material' events
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SEC May Delay Sarbox Implementation
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Fallout from Adelphia raises questions about direction
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Accounting:

UK profession seeks last-ditch talks on liability cap
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Accounting Hall of Fame Announces 2004 Inductees

Ex-IRS Agent Pleads Guilty to Tax Scheme

Electronic filing fraud: Latest tax scam's got legs
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After 120 years, EAs finally are getting a little respect
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FASB Proposes Merger Restructuring Costs Makeover
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For today's retirees, debt adds luster to golden years
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Power beats troubles in brand names
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The 'wild, wild west' in loans
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The Donald ducks fiscal responsibility
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FiberMark says bankruptcy plan on track
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Fun & games at FAO store
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Bankruptcy filings keep Washington attorneys busy
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Houston: Taco Milagro plans expansion as Cabo struggles with bankruptcy
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Corporate bankruptcies continue decline into 19th month
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Would-be buyer now running bankrupt racetrack
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Paralyzed teen's attempt to buy bankrupt gun maker falls short
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Consumers for Responsible Credit Solutions Warns That Proposals for Credit Counseling Fee Caps With a 'Creditor Loophole' Could Backfire and Hurt Consumers
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Philadelphia: Access files Chapter 11
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No Bed of Roses in the Mines
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Storm won't submerge firms
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Bankruptcy Filing Hits Credit Harder
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Carmike landlord's story: 'No happy ending'
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Powell investment CEO declares bankruptcy
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The Survivor
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Anyone Want to Buy a Toy Store? Please?
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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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Miami Vice' star in 2m fraud probe
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Factory 2-U Stores, Inc. Signs Agreement to Sell Assets
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Foreigners Get Varying Receptions from U.S. Bankruptcy System
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Lodgian's Room Revenue Up But Six-Month Loss Tops $18M
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Strain breaking pension promise
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Beware spending equity foolishly
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A post-bankruptcy strategy to tackle debts
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Kmart Holding Corporation Reports Net Income of $155 Million for the Second Quarter
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Bankruptcies take shine off Emerald Entertainment
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Credit Counseling or Bankruptcy? Soon, You May Have No Choice
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Cash-Stuffed, Stingy, and Scared
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Northwestern noteholders get more
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Judge postpones sale of New Orleans track
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UK:

London to lead hotel industry revival
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Current Distressed Companies Update
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Rescue deal should be renegotiated
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Leech's ticket to ride again
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Alarm as builder calls in receiver
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Hope for Firms With Big Debts
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Defining the 'ordinary course of business'
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The new world of priority for floating charge holders
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Russia:

Yukos warns it may declare bankruptcy
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Oil soars as Yukos 'nears bankruptcy'
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Yukos's Misamore Says Bankruptcy `Is Very Likely'
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Russia getting its swagger back
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Foreigners can enter bidding for Yukos
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Australia:

Winemaker stays put as deadline passes
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Japan:

Japanese private equity fund may help struggling Daiei
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Japan's Daiei up on report of Soros-linked rescue
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Italy:

A disgraced Parmalat tries to emerge from bankruptcy. Its strategy: Point a finger at those who loaned it money
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Parmalat's Brazilian Units In Bankruptcy Protection
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South Africa:

Section 424 claim against Whetstone board members may well be successful
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Former Leisurenet executives set out to 'enrich themselves'
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Korea:

Defaulter Blacklisting to Be Scrapped
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Netherlands:

Telecoms firm KPN prepares to sue Dutch gov't over tax on UMTS licenses
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China:

Law to allow financial firms to go bankrupt
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Canada:

Concert Announces CCAA Update and Second Quarter Results
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