December 30, 2004 

Corporate bankruptcy filings hit 10-year low
(DBN Subscription Required)

Enron:

Failure to break pact with Enron is waiver, leaves Nevada utilities liable, judge rules
(DBN Subscription Required)

Alcan Pays Powerex $110 Million
(DBN Subscription Required)

Traders get glamour magazine
(DBN Subscription Required)

_______________

Yukos:

Stricken Yukos threatens to sue advisers on purchase of Yugansk
(DBN Subscription Required)

Gas Giant Gazprom Consolidates Stakes
(DBN Subscription Required)

Gazprom-Rosneft merger to close without Yugansk
(DBN Subscription Required)

Yukos deal troubled -- Western lenders getting cold feet
(DBN Subscription Required)

Deutsche Bank acts on Yukos claim
(DBN Subscription Required)

______________

Law:

Firm Announces $110,000 Associate Bonus
(DBN Subscription Required)

Stevens & Lee acquires Manhattan bankruptcy firm
(DBN Subscription Required)

Ex-US Attorney General Joins Iraq's Saddam's Legal Team
(DBN Subscription Required)

Firm Hires Marine Corps' Top Lawyer
(DBN Subscription Required)

Sheppard Mullin Obtains Decision of $14.6 Million Judgment in Fraud Suit
(DBN Subscription Required)

Poker Champ Lawyer Fights Off Attackers at Las Vegas Casino
(DBN Subscription Required)

Court Finds Contract Clause Does Not Waive Attorney Privilege
(DBN Subscription Required)

The Kinder, Gentler Law Firm? Trends to Emulate
(DBN Subscription Required)

NC Lawyers Pick The Best of Their Peers in 'Legal Elite' Survey
(DBN Subscription Required)

_______________

Economy:

Homes boom thunders on: Nov. numbers set U.S. record
(DBN Subscription Required)

_______________

Accounting:

Recent Auditor Changes
(DBN Subscription Required)

KPMG told Fannie Mae of 'weaknesses'
(DBN Subscription Required)

Green Eyeshades Never Looked So Sexy -- Big pay raises, new perks, long sabbaticals -- auditors can write their own ticket in these post-Enron days
(DBN Subscription Required)

Rule Seeks to Uncover Options' Cost
(WSJ: separate paid subscription required)

_______________

Small toy shops are hitting it big
(DBN Subscription Required)

How Just a Handful of Setbacks Sent the Ryans Tumbling Out of Prosperity
(DBN Subscription Required)

Airlines:

Critical period approaching for US Airways
(DBN Subscription Required)

As US Airways struggles, industry ponders 'what if'
(DBN Subscription Required)

No Christmas miracles for airlines
(DBN Subscription Required)

US Airways fears messy repeat
(DBN Subscription Required)

US Airways' baggage mishap could have positive outcome
(DBN Subscription Required)

More nightmares for US Airways
(DBN Subscription Required)

US Air Rebuffed Offer To Work On Philadelphia Hub - Union
(DBN Subscription Required)

Airline goal: Damage control
(DBN Subscription Required)

American Airlines' Leader Tries to Cut Costs While Battling Rivals, Fuel Hikes
(WSJ: separate paid subscription required)

US Airways -- A carrier in need of a lift
(DBN Subscription Required)

ATA pilots to vote on concessions
(DBN Subscription Required)

United parent seeks OK for cutting O'Hare debt
(DBN Subscription Required)

Ticket protection act extended
(DBN Subscription Required)

Don't lose those miles
(DBN Subscription Required)

Airlines' Recovery Up in the Air
(DBN Subscription Required)

______________

Corporate Reform:

Rigas Assets Spur Billion-Dollar Tug of War
(DBN Subscription Required)

Nearly $8 Million in Legal Fees Sought for Former Westar Executives' Defense
(DBN Subscription Required)

Health group head indicted
(DBN Subscription Required)

DreamLife CEO's bail to remain at $800,000 in Alameda County, Calif.
(DBN Subscription Required)

Lobbyists May Spend $2B In Washington In 2004
(DBN Subscription Required)

SEC Probes J.P. Morgan Role in Canary's Improper Trades
(DBN Subscription Required)

The return of the $6,000 shower curtain
(DBN Subscription Required)

______________

Tyson Special
(DBN Subscription Required)

$5b Hustled Up To Cover Fannie
(DBN Subscription Required)

Contractor seeks shelter after Miller Park fight
(DBN Subscription Required)

LA's Wave Community Newspapers files for bankruptcy protection
(DBN Subscription Required)

Scotty's Asks for Final Liquidation
(DBN Subscription Required)

Interstate Bakeries reports upturn
(DBN Subscription Required)

Sears, Kmart Merger May End With a Giant Closeout
(DBN Subscription Required)

Kmart terminates credit agreement with GE Capital
(DBN Subscription Required)

New Bankruptcy Opinions
(3 new opinions today) 

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings
(DBN Subscription Required)

Weird News
(DBN Subscription Required)

Judge KOs $3m MCI Committee's Fee Request
(DBN Subscription Required)

Lawyers Denied Premium
(DBN Subscription Required)

Bankruptcy 'spiritually uplifting'
(DBN Subscription Required)

Lukens loses appeal of a bankruptcy court ruling -- Ex-financial adviser denied protection from investors
(DBN Subscription Required)

Bankruptcy judge finds Rodriguez served his clients - Police sought $900,000 each; most due $9K
(DBN Subscription Required)

Surviving on Shrinking Paychecks; Debtors need legal protection, good advice
(DBN Subscription Required)

From scandals to bankruptcies, year took a lot out of Chicago
(DBN Subscription Required)

Steel:

Steel trust pays out to retirees -- But save the rejoicing, official says, because it's only $100 per worker
(DBN Subscription Required)

_______________

UK:

Jarvis sees light at end of a dark tunnel
(DBN Subscription Required)

________________

Korea:

LG Gaining Taxpayers' Money
(DBN Subscription Required)

SKorea's LG Group, creditors remain wide apart on LG Card bailout
(DBN Subscription Required)

LG Group Stands Firm Against Debt-equity Swap for LG Card
(DBN Subscription Required)

___________________

Japan:

IRCJ to set up new Daiei management team in May
(DBN Subscription Required)

Will the latest bailout revive Daiei's fortunes?
(DBN Subscription Required)

Daiei will close up to 53 outlets
(DBN Subscription Required)

_____________

Canada:

Kewl Corporation announces completion of private placement, update on bankruptcy proceedings and early warning announcement
(DBN Subscription Required)

_____________

Czech Republic:

Bankrupt Union Banka starts paying creditors
(DBN Subscription Required)

_____________

Italy:

Prosecutor Sees Parmalat Investigation Concluding Late 05
(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