December 23, 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
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The Daily Bankruptcy News will not publish on December 24, 2004

         

Airlines:

Independence seeks United affiliation
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Air travelers don't feel industry woes
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UAL Execs Praise Employee Performance; Must Cut Wages
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Steel:

Geneva selling water rights; creditors to benefit
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Bidding war heats up for Stelco
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ISG, new Deutsche Bank offers possible as Stelco bidding war heats up
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Corporate Reform:

Sarbanes-Oxley Deadline Looms Like a Corporate Compliance Y2K
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The Hartford Hires a Top Prosecutor
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Fannie Mae shake-up won't end turmoil
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Congress to address Fannie Mae woes
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Asbestos:

Battle to control Hardie's cash fund
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Economy:

Economy grew at 4% rate in 3rd quarter -- Revised GDP data was stronger than expected
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Scarlet B of bankruptcy marks you for a decade
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KPMG to be paid $164m for MCI bankruptcy work
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Ex-Kmart exec accused in conspiracy denies wrongdoing
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Toys `R' Us Holiday Price Cuts May Boost Sales, Lure Suitors
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RCN Corporation Announces Emergence From Bankruptcy; Also Completes Acquisition of StarPower Communications, LLC
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As Christmas shopping nears climax, "New Europeans" sink deeper in debt
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Yukos:

Gazprom apparently mystery buyer
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Shock as Russia snatches key Yukos unit
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Texas Court Goes Global
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Deutsche To Seek Dismissal Of Yukos Bankruptcy - Lawyer
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Yukos To Ask US State Department To Intervene In Case
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YUKOS's Chapter 11 filing unprecedented-lawyers
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Bush buys Potemkin oil auction
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Yukos prepared to fight Rosneft
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Yukos: Gazprom 'Blatantly Violated' Court Order
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Russian State Takes YUKOS Oil Assets
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Attorneys: Yukos to seek $20 billion in damages
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State-owned oil company buys up Yukos unit
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Yukos warns Kremlin that it still has legal options
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Russia's Backroom Oil Deal Plot Thickens
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Russia's Rosneft Buys Winning Bidder for Yukos Unit, IFX Says
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Putin backs state grab for Yukos
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Gazprom and Chinese may tie up to develop Yukos asset
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Yukos Board Suggests New Plan For Paying Taxes
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Russian Legal Expert Comments On The Us Jurisdiction Over Russia's Internal Affairs
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Law:

$1 Billion Hedge Fund Collapse Brings Fight Between Law Firms
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Rare Suit Against Expert Witness Highlights Pitfall of Not Showing Up
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Civil Justice: 'Judicial Hellholes' or 'Zany Immunity?'
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Lionel trains running out of steam with today's youth
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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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Court judgment adds to Lionel's challenges
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UK:

Glass company in administration
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Singapore:

CAO's losses an isolated case: China group
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Costly lessons from the CAO scandal
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Fewer bankruptcies likely as writs fall for 5th month
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Singapore Default Mortgage Sales Hit Record High In '04
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China:

The rot in China's banks
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Korea:

Applicants for Unemployment Allowance Surge to 6-Year High
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Lessons of Broadcaster's Failure
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LG Card Avoids Liquidation
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Italy:

Did banks do enough to avoid Parmalat scandal?
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Canada:

Familiar faces bid for sawmill
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Japan:

Daiei chairman Takagi to step down next Tuesday
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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