December 9, 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
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Airlines:

Airline profits stay grounded even as sector slashes costs
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Federal board holds key to ATA's future
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Airline, union dickering
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If airlines fail, tickets will still be good -- sort of
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US Airways Is Back In Bankruptcy Court Today
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Southeast Airlines blames GE for demise
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US business travel spending to rise
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How to stop airlines crashing
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United's exit plan a 'disaster'
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Discount Airline To File For Bankruptcy?
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U.S. Board Close to Backing a Bidder for ATA Airlines
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Delta steps up fight against bankruptcy
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Fitch: United Airlines Special Facils Bond Litigation Appeal
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Corporate Reform:

Fannie Forfeits $7.5 Million To US Over Bogus Mortgages
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Fort Worth company buys Schlotzky's for $28.5 million
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Court Rejects Credit Panel In Trump Hotels Bankruptcy
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Shreve's skirts Ivana's request for bling loan
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Parmalat USA looks at spring exit
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Parmalat USA files to leave debt protection
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Oxford's filing followed fulfilled guarantee
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Miami: Bentley Bay set to emerge from bankruptcy protection
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80% of CAMCO 'debt' fake
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Mississippi Chemical Announces Confirmation of Plan of Reorganization
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Trump pays four creditors
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RCN Expects To Emerge From Chap 11 By Year's End
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After Bankruptcy, US' Kerik Made $6.2M By Exercising Taser Stock Options
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s

Farmland Dairies Files Disclosure Statement and Plan
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Goldman Cuts Wal-Mart Rating
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'All I Want For Christmas Is Bankruptcy'
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Law:

Simpson tops NY rivals with $60k senior bonus
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Law Firms' Billing Rates Climb Ever Higher -- In a possible sign of confidence in the economy, some firms demonstrated notable upswings
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Latham Names Pohlen As Its New Co-Chair
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Ex-Brobeck partners targeted for $275m as bankruptcy proceedings get underway
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Partners deny deal drought is affecting promotion bids
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Axe falls on Wilmer Cutler New Jersey office
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Gibson Dunn Elects Eight New Partners
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Yours was yum
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Have you heard the one . . .
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How A Change To LLP Affects Firms
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In-house lawyers have the job that many lawyers aspire to
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Law Firm Can Sue on Behalf of Clients It Referred in Global Fen-Phen Litigation
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Crowd Control Needed in Wal-Mart Case?
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Steel:

Monitor for Stelco proposes creditors' claims process; 23 bidders for non-core units (
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Asbestos:

Senator hopes for fund to help asbestos victims
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Asbestos Fairness
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Courts May Discuss Federal-Mogul Asbestos Claims
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UK Federal-Mogul unions consider action on pension
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Specter Wants Quick Action on Asbestos Bill
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3rd Circuit Rejects Defendant's 'Pre-Packaged' Bankruptcy -- Appeals court: Attempt to resolve asbestos cases favored privileged group of claimants
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Ban on JH products remains for now
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'No Hardie victim to miss out'
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Hardie 'doing its best' on compo
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Hardie in sight of $2billion deal
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Bankers Give Troubled L.A. Suburb a Break
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Gardena teetering on bankruptcy
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New Bankruptcy Opinions
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Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings
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Weird News
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Closures on table as Seattle Schools faces bankruptcy
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Florence OKs contingent sale of Freedom team
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Court Clears WestPoint Stevens DIP Loan Amendment
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Seismic shifts in telecom put 2 giants on the block
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Worries for MCI after junk bond rating
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Court Says A.B. Dick Creditor Panel Can File Ch 11 Plan
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UK:

Courts Administrators Expect to Sell Large Part of U.K. Chain
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Clifford Chance Bill Tops Adviser Fees At British Energy
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France:

Drowning in a sea of French wine
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Collective whine by French vineyards
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Japan:

IRCJ to close 53 Daiei outlets, ask creditors to help retailer
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Singapore:

CAO chief arrested over $550m scandal
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Chen on bail as $47m new claims hit CAO
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Canada:

Dollar-store operator Denninghouse finds buyers for franchised stores
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Mill's future still unknown
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Russia:

Prosecutors Detain Yukos Lawyer Over Asset-Stripping
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Korea:

Individual Bankruptcy Filings Surge Amid Economic Slump
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Slovakia:

Slovak minister urges new legislation to prevent corruption in bankruptcy cases
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