December 27, 2004 

Bankruptcy Reform:

JP Morgan, HSBC See Victory on Personal-Bankruptcy Law Changes
(DBN Subscription Required)

_______________

Airlines:

US Airways Delivers Bags After 'Meltdown'
(DBN Subscription Required)

UAL Writing the Book on Chapter 11
(DBN Subscription Required)

Firm cries foul in ATA case
(DBN Subscription Required)

Misery piles up at US airports
(DBN Subscription Required)

Southwest Airlines: A study in rapid ascent
(DBN Subscription Required)

Computer Problem Grounds Comair Holiday Flights
(DBN Subscription Required)

Distressed airline industry will battle fuel, labor costs in 2005
(DBN Subscription Required)

Sick calls strand thousands
(DBN Subscription Required)

Airport, airline slammed by holiday travel mess
(DBN Subscription Required)

Worker Shortage Snarls U.S. Airways Flights
(DBN Subscription Required)

Independence Air Weighs Offer From United
(DBN Subscription Required)

Union Agrees to New Deal With US Airways
(DBN Subscription Required)

More problems for airlines seem likely
(DBN Subscription Required)

Traditional pension is endangered species
(DBN Subscription Required)

______________

Asbestos:

Finally, a Chance To Clean Up The Asbestos Mess
(WSJ: separate paid subscription required)

Legal costs new front in Hardie fight
(DBN Subscription Required)

Asbestos suits decline in Madison County
(DBN Subscription Required)

______________

A court full of sad human stories
(DBN Subscription Required)

Last stop for Lionel trains?
(DBN Subscription Required)

Loral shareholders win one victory, press for more
(DBN Subscription Required)

A Matter Of Interest
(DBN Subscription Required)

New-home sales plunged in November -- Slew of economic data show steady, unspectacular growth
(DBN Subscription Required)

Jessup Cellars may file Chapter 11 bankruptcy to keep creditors at bay
(DBN Subscription Required)

Stand pat & wear a barrel; it often beats bankruptcy
(DBN Subscription Required)

Small Company Is Specializing in Suing Banks
(NYT: separate free registration required)

Attorney general seeks Dougherty's ouster -- Nixon says National Benevolent Associations's president, board have breached fiduciary duties
(DBN Subscription Required)

Friedman's tries to dig itself out of debt, corporate afflictions
(DBN Subscription Required)

Bettman's Vision for the N.H.L. Did Not Include Labor Strife
(NYT: separate free registration required)

40M charge puts former IBC exec into retirement
(DBN Subscription Required)

The Economy: Five Wild Cards For 2005
(DBN Subscription Required)

"Totality of the Circumstances" Test Should Be Applied in Determining Whether Fee Arrangements Have Been Pre-Approved
(Martindale: separate free registration required)

Yukos:

Yukos Sale a Mix of Pomp, Bureaucracy
(DBN Subscription Required)

Russia's risky business
(DBN Subscription Required)

Russian Shell Game
(DBN Subscription Required)

Yukos Oil Unit Sold at Auction
(DBN Subscription Required)

Putin Defends Yukos Unit Sale; Says `Perfectly Normal'
(DBN Subscription Required)

The Strange Yukos Sale
(NYT: separate free registration required)

Kremlin takes back control of Yukos: The fate of the oil giant exposes Putin's re-nationalising agenda
(DBN Subscription Required)

_______________

Law:

Revealing the Soul of a Soulless Lawyer
(NYT: separate free registration required)

Judges: U.S. wastes millions on courts
(DBN Subscription Required)

Why Some Politicians Need Their Prisons to Stay Full
(NYT: separate free registration required)

Bonuses: Will Eastern Windfall Move Westward?
(DBN Subscription Required)

Mentors Conjure Career Magic
(DBN Subscription Required)

DC Associates Cash in at Christmas
(DBN Subscription Required)

Beantown Bonuses Blossom
(DBN Subscription Required)

______________

Accounting:

Adelphia Files Restated Finances With SEC
(DBN Subscription Required)

Ernst & Young settles for $125 million in Superior Bank matter
(DBN Subscription Required)

IRS Accepts Settlement Offer on Contingent Liability Tax Shelter
(DBN Subscription Required)

Europe prepares for accounting standards
(DBN Subscription Required)

Recent Auditor Changes
(DBN Subscription Required)

_________________

Corporate Reform:

Naughty Or Nice?
(DBN Subscription Required)

'You're fired?' How about, 'We're tired!'
(DBN Subscription Required)

Spitzer, in a Shift, Will Yield Inquiries to U.S. Regulators
(NYT: separate free registration required)

Spitzer Affirms Tough Tactics
(WSJ: separate paid subscription required)

______________

Insurer's failure left patients' bills unpaid
(DBN Subscription Required)

Penn Traffic sells warehouses for $37 million
(DBN Subscription Required)

Trump hotels arranges post-bankruptcy financing
(DBN Subscription Required)

Trump sued over bankruptcy exit plan for Trump Hotels
(DBN Subscription Required)

Court gives initial approval for Trico's bankruptcy
(DBN Subscription Required)

Bankruptcy looming for mortgage firm
(DBN Subscription Required)

U.S. Company Bond Sales Reach $639 Bln as Borrowing Costs Fall
(DBN Subscription Required)

Take the time to fix credit report
(DBN Subscription Required)

For Retail, Book Still Open on 2004
(DBN Subscription Required)

Holiday sales rose 8.1% from last year to exceed expectations inside the retail industry
(WSJ: separate paid subscription required)

New Bankruptcy Opinions
(2 new opinions today) 

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings
(DBN Subscription Required)

Weird News
(DBN Subscription Required)

Adelphia Announces DIP Loan Amendment
(DBN Subscription Required)

NextWave Modifies Reorg Plan To Enhance Potential Payouts
(DBN Subscription Required)

Spitzer gets 11M for Norvergence scam victims
(DBN Subscription Required)

ARMs could cause harm eventually
(DBN Subscription Required)

Payday fallout: Senator wants lending restrictions
(DBN Subscription Required)

Bankruptcy Petition Filed Solely in Order to Take Advantage of Section 502(b)(6) Was Not Filed in Good Faith
(Martindale: separate free registration required)

Foreign Insolvency Proceeding that Discriminates Against US Creditors is Not Entitled to Recognition in the United States
(Martindale: separate free registration required)

UK:

Lifeline for Jarvis as Tube Lines sold
(DBN Subscription Required)

Jarvis to shock market with 250m losses
(DBN Subscription Required)

Investors in the dark as they were exposed to greater risk
(DBN Subscription Required)

Rising debt spurs bankruptcy warning
(DBN Subscription Required)

__________________

Xmas fever sinks "New Europeans" deeper in debt
(DBN Subscription Required)

Argentina:

Argentina's recovery defies odds
(DBN Subscription Required)

______________

Korea:

LG Card hit by bailout standoff, maturing debt eyed
(DBN Subscription Required)

Creditors Threaten Tough Measures Against LG Card
(DBN Subscription Required)

_______________

Italy:

Parmalat owes Australian banks $358m
(DBN Subscription Required)

Parmalat's Tonna Reaches Out to the Public
(WSJ: separate paid subscription required)

Wells Fargo Is Biggest Parmalat Creditor
(DBN Subscription Required)

_______________

Canada:

VoiceIQ wins stakeholder and bankruptcy-court approvals in restructuring plan
(DBN Subscription Required)

Industry ban for Valentine
(DBN Subscription Required)

______________

Singapore:

Lessons from the CAO scandal
(DBN Subscription Required)

______________

India:

Till debt do us part
(DBN Subscription Required)

_______________

Brazil:

Brazil approves bankruptcy reform bill
(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