August 24, 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) 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
Search prior New Opinions at: http://bkinformation.com/NewOpinions_Search.html
         

 

Companies fail workers
(DBN Subscription Required)

Law:

The Secrets of Their Success
(DBN Subscription Required)

Associate's Foulmouthed Voicemail Makes the Rounds on the Internet
(DBN Subscription Required)

Making It in the Big Apple
(DBN Subscription Required)

Ex-McGreevey Aide's Legal Team Falls Outside the Norm
(DBN Subscription Required)

Twice Fired, Forever Doomed?
(DBN Subscription Required)

Requesting Side Bears Cost of Electronic Discovery
(DBN Subscription Required)

High-Tech Evidence: A Lawyer's Friend or Foe?
(DBN Subscription Required)

_________________

Enron:

Bidding Ends Mon On Enron's CrossCountry Pipeline Group
(DBN Subscription Required)

___________________

Asbestos:

Welcome to the New Asbestos Scandal -- Sticking It To The Insurance Companies
(DBN Subscription Required)

 

Hardie's plea for boycott mercy
(DBN Subscription Required)

Hardie denies union pressure
(DBN Subscription Required)

James Hardie withdraws asbestos letter
(DBN Subscription Required)

Foster Wheeler Provides Summary of Offer to Trust Preferred
(DBN Subscription Required)

Ohio Asbestos-Lawsuit Reform Faces Constitutional Challenge
(DBN Subscription Required)

________________

Economy:

Venture-Backed Valuations Continue to Increase in Second Quarter 2004
(DBN Subscription Required)

Crude Oil Futures Fall a Third Day as Iraq Raises Oil Shipments
(DBN Subscription Required)

_______________

Accounting:

El Paso to write down value of oil and gas assets
(DBN Subscription Required)

New senior partner at BDO
(DBN Subscription Required)

Recent US Earnings Restatements
(DBN Subscription Required)

Sex addict accountant draws prison term for investment scheme
(DBN Subscription Required)

A case for reforming auditor liability
(DBN Subscription Required)

____________

Corporate Reform:

SEC orders balance-sheet study -- Regulator probes dodging of new rules
(DBN Subscription Required)

Sarbanes-Oxley costs soaring
(DBN Subscription Required)

Real-Time Reporting Takes Flight
(DBN Subscription Required)

_______________

Spiegel hoping Eddie Bauer ads will boost auction price
(DBN Subscription Required)

Toy company CEO's suicide comes amid hopes of financial turnaround
(DBN Subscription Required)

Kmart sells 18 stores to trim costs, raise money
(DBN Subscription Required)

EPIQ forms new division in New York
(DBN Subscription Required)

Ex-Hornets Executive Sentenced for Fraud
(DBN Subscription Required)

Class action lawsuits over hospitals' treatment of uninsureds may hike health costs
(DBN Subscription Required)

Spectrum Lab buys Tennessee rival in bankruptcy sale
(DBN Subscription Required)

PSINet Consulting Solutions Holdings, Inc., Reaches Settlement Agreement With PSINet Liquidating L.L.C.
(DBN Subscription Required)

Starpower parent files reorganization plan
(DBN Subscription Required)

 

 

Airlines:

US Airways, pilots talks collapse
(DBN Subscription Required)

US Airways in precarious spot after talks with pilots break off
(DBN Subscription Required)

Pilots Could Control Fate of US Airways
(NYT: separate free registration required)

US Airways Talks with Pilots Collapse
(DBN Subscription Required)

US Airways Pilots: Negotiations With Airline 'Break Down'
(DBN Subscription Required)

Bankruptcy law eases pain
(DBN Subscription Required)

No-confidence vote expected from airline's attendants
(DBN Subscription Required)

Judge approves plan for Air Canada restructuring
(DBN Subscription Required)

Air Canada gets court green light and stern warning on exiting bankruptcy
(DBN Subscription Required)

Court OKs Air Canada restructuring; CIBC sells airline's debt for $52M gain
(DBN Subscription Required)

Delta fund manager warned employees about stock
(DBN Subscription Required)

Airline talks nose dive
(DBN Subscription Required)

ATA to avert bankruptcy with asset sale
(DBN Subscription Required)

Brazil Sifting Through Ideas for Rescuing Flagship Airline
(NYT: separate free registration required)

Alaska Airlines cutting 150 management slots
(DBN Subscription Required)

Delta retirees buckle up for airline's turbulent financial ride
(DBN Subscription Required)

Mesa Airlines funding sputtering
(DBN Subscription Required)

______________

Judge limits scope of Metropolitan Mortgage probe
(DBN Subscription Required)

RCN:

RCN files reorg plan
(DBN Subscription Required)

RCN plan to exit bankruptcy would give bondholders 52-68%
(DBN Subscription Required)

RCN Outlines Bankruptcy Reorganization
(DBN Subscription Required)

_________________

Energy:

New NWC plan offers no 'golden parachutes'
(DBN Subscription Required)

Judge rules Wednesday on utility's bankruptcy
(DBN Subscription Required)

________________

Adelphia Says Rigas Family Owes It $3.2b
(DBN Subscription Required)

Ky. ballclub to finish at home
(DBN Subscription Required)

City sues troubled baseball team
(DBN Subscription Required)

U.S. Company Pension Plans May Need Taxpayer Rescue
(DBN Subscription Required)

Samaha, Franchise must pay up
(The Deal: separate paid registration required)

New Professional Liability Coverage for Consultants
(DBN Subscription Required)

Trump Taj Mahal Slates New 1,250-Key Tower -
(DBN Subscription Required)

Acclaim could face bankruptcy without new credit deal
(DBN Subscription Required)

Activist files 9th bankruptcy, blames problems on KC officials
(DBN Subscription Required)

The Bankruptcy Ballad
(NYT: separate free registration required)

Internal Review Of Riggs On Hold Pending DOJ Probe
(DBN Subscription Required)

Fresh Choice undergoes Chapter 11 bankruptcy reorganization
(DBN Subscription Required)

Friedman's lenders agree to restructure credit terms
(DBN Subscription Required)

Rising home prices prompt credit unions to offer 40-year mortgage
(DBN Subscription Required)

Core-Mark says emerges from bankruptcy
(DBN Subscription Required)

 

 

New Bankruptcy Opinions
(1 new opinion today) 

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings
(DBN Subscription Required)

Weird News
(DBN Subscription Required)

Senior Citizen Debt Increasing
(DBN Subscription Required)

East Cleveland mayor's bankruptcy fraud trial begins
(DBN Subscription Required)

Wet Seal All Washed Up?
(DBN Subscription Required)

UK:

Light fades at Ilford Imaging
(DBN Subscription Required)

Digital revolution threatens Ilford jobs
(DBN Subscription Required)

Photographic firm facing overhaul
(DBN Subscription Required)

Photo company faces sell-off
(DBN Subscription Required)

KPMG closes Portland Conservatories
(DBN Subscription Required)

Current Distressed Companies Update
(DBN Subscription Required)

The Bankruptcy Boom ; But Experts Warn: The Only People Who Should Take This Route Are Those Who Have Nothing to Lose
(DBN Subscription Required)

_________________

Philippines:

Philippines in Argentine-type crisis, admits Arroyo
(DBN Subscription Required)

Philippines will never default on debts, Arroyo vows
(DBN Subscription Required)

____________

Japan:

Daiei shares jump almost 10 pct on reported Wal-Wart rescue plan
(DBN Subscription Required)

The 'Wal-Mart Effect': is Japan ready for it?
(DBN Subscription Required)

Deutsche Securities Proposes Bailout Plan to Daiei
(DBN Subscription Required)

Daiei's top creditors reject ailing retailer's revival plan
(DBN Subscription Required)

______________

Russia:

Yukos shares fall as tax claim of 3bn looms
(DBN Subscription Required)

Yukos cuts back oil output forecast
(DBN Subscription Required)

Court Upholds Arrest Of Yukos Subsidiaries
(DBN Subscription Required)

Credittrust Fraudulent Bankrupt?
(DBN Subscription Required)

Inside the Yukos Endgame
(DBN Subscription Required)

_______________

Canada:

Profit-parade pace slowing at big banks
(DBN Subscription Required)

Atlas trust gets new finance chief
(DBN Subscription Required)

Liquidation World quits consulting business
(DBN Subscription Required)

________________

Korea:

Hyundai Merchant Marine Lifted From Accord With Creditors
(DBN Subscription Required)

_____________

Argentina:

White & Case To Advise Argentina Bondholders
(DBN Subscription Required)

________________

China:

China's Central Bank Nears Bailout of Private Company
(NYT: separate free registration required)

_______________

Australia:

Mitsubishi workers vote to accept redundancy package
(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