August 25, 2004 

Banks may deny WorldCom financials falsified
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WorldCom Suit Elicits Unusual Legal Strategy
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Weak Stocks, UAL Revive Pension Crisis-M. Stanley
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Airlines' computer glitch is latest problem for EDS
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Law:

State Farm again challenges punitive damages judgment
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Texas judge uses order to scold contentious litigators
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A Cautionary Tale -- how far prosecutors could go in trying to hold in-house lawyers responsible for corporate crimes
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Outsourcing Reaches Corporate Counsel
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Accounting:

$120 million SEC fee resolves part of Royal Dutch/Shell case
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Recent US Earnings Restatements
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Shell committed 'unprecedented misconduct'
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PCAOB Urges Whistleblowers to Come Forward
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Former IRS Lawyers Suspended For Tax Shelter Case

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Telecoms:

U.S. loses dominance in global telecoms
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Asbestos:

Oglebay Norton bidders may increase offer to $500 mln
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Union urges boycott of all Hardie products
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Corporate Reform:

SEC Sues Piranha On Charges Of Inflating Stock Price
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SEC Bans Ex-HealthSouth Exec From Public Acctg
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New Elite Boss
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Cities, college are riding out bank's failure
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CMGI was a stopover: CEO jumps after turning around company
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Artists say Pittsburgh Center for the Arts owes them for work sold
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Pittsburgh: Defunct care home, administrator indicted
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Democrats hope the dispossessed of smalltown USA will make Bush pay
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Economy:

Existing Home Sales Dip
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Investor Confidence Index Rises to 87.0 in August
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Many U.S. Workers Unhappy With Jobs
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Bank of Ephraim fallout may be less than feared
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Court Approves Debtor-in-Possession Financing and Bidding Procedures for A.B.Dick Company
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Applause may die as tragically as its chief
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Corporate pension crisis could have a large copycat effect
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Recent Going-Concern Statements
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Fate of pets in bankrupt cemetery unclear
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Pensions may need a taxpayer bailout
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Bankrupt air executive loses stake in 3 Columbia, Mo.-based firms
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Airlines:

Fund bans Delta stock
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Delta lenders want more info
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Delta creditors asking for data
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Delta lenders ask for more time for debt waivers
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United Airlines chief pledges to communicate better with workers
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United: If You Want To Talk To Human, Pay Up
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United Airlines UK staff call off strike
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United Air's business plan faulted in loan denial
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United Adds Fee to Frequent-Flier Bookings
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Experts debate investor reaction to possible demise of United's pension funds
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Airline shopping its Chicago operations
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Airline reaches 'fork in the road'
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US Airways to furlough 125 at PSA
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Frequent fliers ponder using up miles
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The future of US Airways
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Brazil govt scrambling to save Varig
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Air Canada's new shares face selloff
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Air Canada deal series of '24-hour hurricanes'
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ATA may sell assets
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City at odds with ATA over ownership of airport gates
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11th Annual Aircraft Financing Forum to Address Current Bankruptcy Deals and Investment Opportunities
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Aer Lingus scraps business class, may quit oneworld
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Avianca says could exit bankruptcy after Oct. 14
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Alitalia Unions Continue To Fight Staff Cut Plans
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Alitalia CEO Wants To Axe About 33% Of Jobs
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Alitalia seeks givebacks from unions
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Alitalia Unions Rebuff Management Proposal To Cut Holiday
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Steel:

Georgetown creditors might get less than estimated
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Winona Hospital lands in bankruptcy
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Creditors file bankruptcy petition against Indianapolis hospital
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Winona files for Chapter 7
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2 Adelphia execs seeking millions
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Tonken Gets 63 Months in Prison
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Utah Tax Commission focusing on lost revenue
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Mortgage lender entangled in bankruptcy fiasco
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Dr. Andujar sentencing delayed for third time
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Idahoans are sinking deeper into debt
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Behind The Bankruptcy Boom
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Creditors want to sue accounting firm for bankrupt Washington mortgage lender
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GOP congressional candidate in Washington filed for bankruptcies
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New Bankruptcy Opinions
(4 new opinions today) 

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings
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Weird News
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Pension crisis grows as businesses weigh defaulting on plans
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Energy:

Settlement proposed in NorthWestern suit
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Tucson Diocese Braces
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UK:

Offshore Crane Engineering collapses into provisional liquidation
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Canada:

Cigarette maker asks court for protection
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Japan Tobacco's Canadian Unit Files for Bankruptcy Protection
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Tobacco giant seeks creditor protection to dodge tax bill
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Cigarette firm acts in tax row
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JT Canada Unit Plans To Fight Local Government Y115 Billion Claim
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Philippines:

Arroyo's warning of fiscal crisis stuns markets
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We are in very real trouble
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...but international financial institutions remain unfazed
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South Africa:

Hearing lays bare rot in liquidations sector
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Bribery, fraud mar appointment of liquidators
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Japan:

Daiei revival plan likely to strike shareholders
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Wal-Mart's Shareholders Say Buying Daiei Assets Would Be Worth Taking Risk
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End of Daiei story good news for Japan banks
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China:

China in first-ever rescue of private firm
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Russia:

Russian firm defends eviction of Canadian Aerostar partners
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Khodorkovsky's Trial Drags on in Moscow
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Yukos Appeal of Tax Claim Is Postponed
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Argentina:

Telecom Argentina Debt Deal Final Acceptance Rate 94.4%
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Thailand:

Investors Worried and Angry Over Thai Bank's Risky Loans
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New Zealand:

Insolvency reform proposal
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