December 13, 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
         

Airlines:

Airline debt is in the spotlight
(DBN Subscription Required)

ATA assets up for bids
(DBN Subscription Required)

Southwest Air To Bid Above $100M For ATA Assets, Gates
(DBN Subscription Required)

Southwest, AirTran to wrestle over Midway gates
(DBN Subscription Required)

Bid battle for gates boosts ATA
(DBN Subscription Required)

Major Carriers May Fail In '05
(DBN Subscription Required)

Legal Fight Menaces Aircraft Debt Ratings
(DBN Subscription Required)

Worst case is worrisome for MIA
(DBN Subscription Required)

Say what?
(DBN Subscription Required)

Pilots at Delta regional carrier ASA to picket over slow contract talks
(DBN Subscription Required)

US Airways' troubles date to 1977 and Carter's deregulation czar
(DBN Subscription Required)

US Air: Airline, union reportedly $10 million apart on concessions package
(DBN Subscription Required)

Flight attendants might vote to strike
(DBN Subscription Required)

United Airlines to cut U.S. flight capacity
(DBN Subscription Required)

United cuts back
(DBN Subscription Required)

Pittsburgh is but a blip in US Airways' future
(DBN Subscription Required)

Air Polonia is down, but still not out
(DBN Subscription Required)

Travellers choose Canada to avoid US visa controls
(DBN Subscription Required)

Will Delta CEO take off early?
(DBN Subscription Required)

Bumpy ride expected for airline industry in 2005
(DBN Subscription Required)

Colombia Avianca exits bankruptcy, sold to Sinergy
(DBN Subscription Required)

Major airlines battle over little-known amendment
(DBN Subscription Required)

Hawaiian and unions talk as deadline looms
(DBN Subscription Required)

S&P Cuts Atlantic Express Rtgs To CCC+
(WSJ: separate paid subscription required)

_______________

Retailing:

Shoppers flock to stores but business mixed
(DBN Subscription Required)

Thanks to a strong local economy, most are expecting the best shopping season in three years
(DBN Subscription Required)

______________

Economy:

Bush Plan May Depend on Economy
(DBN Subscription Required)

Stocks edge lower as investors worry about economy
(DBN Subscription Required)

______________

Accounting:

PwC to wait to rejoin workout fray
(DBN Subscription Required)

Goldman Sachs: Incremental US Tax Reform Likely Outcome
(DBN Subscription Required)

Kmart Latest To Catch Scrutiny On Tricky Accounting
(DBN Subscription Required)

_______________

Asbestos:

Federal-Mogul Says Acctg Chief Quigley Resigns
(WSJ: separate paid subscription required)

_______________

Orange County Bishop Praised Over Deal
(DBN Subscription Required)

Pope Tells U.S. Church to Recognize Its Faults
(DBN Subscription Required)

Lawyers to bid for Brobeck claim
(DBN Subscription Required)

2 U.S. Trustees robbed near site of fatal '01 shooting
(DBN Subscription Required)

Newport Beach man suspected of murder-suicide is target of financial probe
(DBN Subscription Required)

Beleaguered Toy Retailers Build Web Brands
(DBN Subscription Required)

Bankruptcy lessons in Orange
(DBN Subscription Required)

'Parachutes' gain popularity
(DBN Subscription Required)

Chemport liquidating, state officials investigating
(DBN Subscription Required)

SMUD seeks $200M from 'sham sales': Utility sues 25 energy firms
(DBN Subscription Required)

Bankruptcy auctions fade; so do bargains
(DBN Subscription Required)

Popular Leasing stung by Norvergence bankruptcy
(DBN Subscription Required)

Liens, debt fail to discourage businessman's arena dreams
(DBN Subscription Required)

Garden Ridge reworking lease: Retailer hoping for better terms
(DBN Subscription Required)

Recent Going-Concern Statements
(DBN Subscription Required)

US Trustee, Holders Object To Trump Ch 11 Financing
(WSJ: separate paid subscription required)

 

U.S. Court Denies Mirant's Motion to Reject Pepco Contracts
(DBN Subscription Required)

Law:

Breaking Up Harder to Do With 'Partnership' in Play
(DBN Subscription Required)

New York Bonuses Causing a Stir
(DBN Subscription Required)

Clifford Chance to save 40m as Childs wields axe on costs
(DBN Subscription Required)

Perkins Coie consigns Hong Kong to history
(DBN Subscription Required)

Bingham Names Insolvency Partner As New Head for NY Office
(DBN Subscription Required)

Philly Firms Growing
(DBN Subscription Required)

Associate Makes Final Two on "The Apprentice"
(DBN Subscription Required)

Firms vie for bragging rights to staff bonuses
(DBN Subscription Required)

Who'll Be the Next Supreme Court Justice? For Big Money, Bet on Kozinski
(DBN Subscription Required)

New York Law Firm Penalizes Partners for Not Making Pro Bono Quota
(DBN Subscription Required)

Back to the Future
(DBN Subscription Required)

A Judge for Sale on EBay, Shipping Included, Isn't Laughing
(NYT: separate free registration required)

The Old Man and the Sea: Lawyer, 80, Survives 18 Hours in Ocean
(DBN Subscription Required)

UK firm to shed 18 in new cost-cutting drive
(DBN Subscription Required)

Lawyer Allegedly Driven to Fraud By $4,200 Car Payment
(DBN Subscription Required)

BP slashes panel to handful of firms
(DBN Subscription Required)

Paul Weiss ups New York bonus stakes
(DBN Subscription Required)

'Mean-Spirited' NY Judge Censured
(DBN Subscription Required)

Shrinking Jenkens at crossroads: $75M settlement of class-action suit over tax shelter advice now in doubt
(DBN Subscription Required)

Law librarians say technology has them more in demand
(DBN Subscription Required)

The deal: Suelthaus merges with Polsinelli Shalton & Welte -- The amount: $99 million
(DBN Subscription Required)

Law firms seek passage to India: S.F. deal shows legal industry could be next to outsource
(DBN Subscription Required)

_______________

Enron:

Ruling may keep some Enron names secret
(DBN Subscription Required)

Lobbying intensifies in PGE bid
(DBN Subscription Required)

Seven banks start arbitration vs India over Dabhol
(DBN Subscription Required)

________________

Corporate Reform:

SEC Drops Winnick Charges From Global Crossing Pact
(DBN Subscription Required)

Payment probe: Deferred compensation plans under looking glass
(DBN Subscription Required)

Firm Seen Close To Settling Mutual Fund Marketing Case
(DBN Subscription Required)

US Chamber Again Seeks Stay Of Fund Independence Rule
(DBN Subscription Required)

Money for less than nothing -- CEO pay now ridiculously outstrips profit increases
(DBN Subscription Required)

Stewart's comeback half-baked
(DBN Subscription Required)

Frankel sentenced to more than 16 years
(DBN Subscription Required)

It's Way Too Easy to Get Hard Time -- With more than 4,000 federal crimes alone now on the books, you'd have to be Mother Theresa not to be in jeopardy at some point
(DBN Subscription Required)

________________

Clifford Chance Offer Scuttled in Brobeck Bankruptcy
(DBN Subscription Required)

Kmart alleges millions stolen
(DBN Subscription Required)

MCI recommends fee payout of US$622m
(DBN Subscription Required)

Delphi announces plans to cut 8,500 jobs
(DBN Subscription Required)

Billionaire wins bidding for Pillowtex plant
(DBN Subscription Required)

GM to fire on all cylinders if Opel's cost-cutting plan fails
(DBN Subscription Required)

Tyson Off The Hook
(DBN Subscription Required)

Interstate Bakeries Reports $16.9M Loss
(DBN Subscription Required)

Regulator warns of risky home-equity investing -- Too many Americans borrow money against houses
(DBN Subscription Required)

Insurance experiment a costly lesson for town - Gardena near bankruptcy after borrowing millions of dollars to start its own company
(DBN Subscription Required)

Bush Says Social Security Faces 'Looming Danger'
(DBN Subscription Required)

Get ready for wild fight over Social Security
(DBN Subscription Required)

Rules To Curb Holiday Spending
(DBN Subscription Required)

Mormons who banked on doomsday find the debt collector at the door
(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)

Bankruptcy court rejects CC's Brobeck settlement offer
(DBN Subscription Required)

Schlotzsky's shareholders angry at last annual meeting
(DBN Subscription Required)

In hospitals, those who pay the most are often those who can afford it least: the poor and the uninsured
(DBN Subscription Required)

UK:

Lovell fights to keep Jarvis on the rails
(DBN Subscription Required)

Jarvis denies banks face payout
(DBN Subscription Required)

BoE Warns Investors May Be Taking On Too Much Risk
(WSJ: separate paid subscription required)

Eurotunnel in talks on debt repayments
(DBN Subscription Required)

Pension fund 'to prevent tragedy'
(DBN Subscription Required)

British Energy hit by mounting losses
(DBN Subscription Required)

HSBC in warning over credit demand
(DBN Subscription Required)

______________

Korea:

LG Asked Again to Bail Out LG Card
(DBN Subscription Required)

LG Card Creditors to Buy LG Group-held Debts
(DBN Subscription Required)

Creditors Choose Preferred Bidders for Samsung Life Shares
(DBN Subscription Required)

Thrunet Bidding Deadline Due Monday
(DBN Subscription Required)

Thrunet sale to alter S. Korea telecoms landscape
(DBN Subscription Required)

_________________

Canada:

Scrooge haunts workers who lost jobs, pensions in N.B. mill town
(DBN Subscription Required)

Concert Industries creditors approve restructuring of Canadian operations
(DBN Subscription Required)

_______________

Australia:

John Elliott escapes bankruptcy
(DBN Subscription Required)

Elliott fights to avoid bankruptcy
(DBN Subscription Required)

Ion workers condemn banks, management
(DBN Subscription Required)

Workers begin fight for jobs
(DBN Subscription Required)

Ion failing for over a year, workers told
(DBN Subscription Required)

PM urged to help Ion workers
(DBN Subscription Required)

Ion ire: union's ASIC threat
(DBN Subscription Required)

Watchdog circling the troubled Ion
(DBN Subscription Required)

______________

Japan:

JNOC-Affiliated Oil Developer Goes Bust
(DBN Subscription Required)

Japan To Mull Levy On Firms Falsifying Financial Reports
(DBN Subscription Required)

_______________

Argentina:

Argentina's miraculous recovery owes little to the IMF
(DBN Subscription Required)

_______________

Israel:

Trustee approaches potential buyers for Stock Cafe chain
(DBN Subscription Required)

__________________

Singapore:

Ex-China Aviation CEO ready for justice
(DBN Subscription Required)

China Aviation investors weigh lawsuit
(DBN Subscription Required)

Watchdog: CAO Singapore Branch Decisions 'Wrong'
(DBN Subscription Required)

China to probe into jet fuel importer's bankruptcy
(DBN Subscription Required)

________________

Russia:

Russia's dismantling of Yukos seen as part of a troubling trend
(DBN Subscription Required)

Banks Face Lawsuits Over Yukos Carve-Up
(DBN Subscription Required)

VimpelCom tax bill puts Russian stocks in a spin
(DBN Subscription Required)

Shareholder to sue Yukos buyer
(DBN Subscription Required)

______________

Italy:

Italian Crt Acquits PM Berlusconi Of Corruption Charges
(DBN Subscription Required)

Finmatica declared bankrupt
(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 by clicking here. 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 by clicking here 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 by clicking here 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 accounting@bkinformation.com