Telecoms:
With
Icahn Help, XO Ready To Deal
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WorldCom
Gains in Takeover Appeal as Exit From Bankruptcy Nears
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Supra
Telecom bankruptcy case anything but friendly
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MCI
Cites Higher Professional Fees for Its Wider Loss
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Privacy-Related
and Other Amendments to the Bankruptcy Rules Became Effective December 1
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Federal
Court Finds that Investors in Bankrupt Company May Be Liable to WARN Act
Plaintiffs
(Martindale: separate free registration required)
Claim
Disallowance Statute Not Bar to Preference Action
Bankruptcy
immunity case to come before S. Ct. on March 1
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Enron:
The
last loose ends are closer to being tied up
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Analysts
like one post-Enron company; remain skeptical of the other
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Enron
sees its future in the rearview mirror
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Enron’s
Survivors
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Now
It's Skilling's Turn -- Why Enron's ex-CEO will 'fight this thing until
the day I die.'
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Skilling
colleague passed by on chain gang
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Insufficient
case might put Enron’s Lay in the clear
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Enron's
Skilling finally takes his walk
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Former
CEO Shunned Convention, Focused on Bottom Line, Took Enron to Top
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Enron's
Ken Lay may be tough to prosecute
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LaSalle
throws National Benevolent $50 million lifeline
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D&O
Underwriters Face an Uncertain World
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Retirees
hit as employers cut coverage
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Corporate Reform:
Next
up on scandal parade: Adelphia
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Judge
Could Drop Securities Fraud Charge Against Stewart
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Lawyers
for Martha Stewart and her former Merrill broker are strongly leaning
toward not putting their clients on the stand
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Maybe
Martha Didn't Say It
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Lord
Black on back foot in court bout
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Conrad
Black says he is victim
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Barclays
factor looms large in Black case
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His
Black Mood
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Corporate
governance evolving fast in Europe
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Corporate
Boards Need to Do More to Reform
Sun
Life, CIBC hit by fallout from scandals in U.S. mutual fund industry
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Former
Lyonnais Chairman Under Fire
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Boards
Getting Injection of Old Blood
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The
Wheel of Misfortune
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SRI:
Bankruptcy
Has Artificial Sun Setting on AstroTurf
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Company
bankruptcy leaves some schools in a lurch
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Warranty
of football stadiums in question with company bankruptcy
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Payback
time for Wall Street's big hitters
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Avado
lenders may eat up to $153 million
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Megabanks
cast giant shadow over regulators
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Stockwalk
expects to pay $1 million to creditors in March
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Royal
Olympic denied protection
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Comdial
makes a move to Sarasota, untangles itself from bankruptcy
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Golf
Club of New England files for bankruptcy protection
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Millionaires
golf club a bust
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Cone
Mills bondholders could chase off Ross
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Music
business OK despite bankruptcy, illegal freeloading
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MCSi
closing
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Federal
Forge files for Chap. 11
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Years
later, InfoSAGE pays workers: Former employees get funds from asset sale
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Asbestos:
Study:
Companies Facing Asbestos Claims Still Prosper
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Penn.
Court Reinstates Asbestos Lawsuits
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Crown
Holdings, Inc. Comments on Pennsylvania Supreme Court Decision
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State
legislature Nears Asbestos Reform
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Law:
Weil
Gotshal: fee income exceeds $800m
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Bankers,
Lawyers Hit It Big on Cingular
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Firms
Cutting Back on Summer Associates
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Post-consolidation,
Oppenheimer values home base
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Wachtell
Grabs Key Deal Roles
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Cadwalader's
CMBS Dominance Continues
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Microsoft
Says Class Fee Request Doesn't Compute
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Price
war brewing in Chicago
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Orlando,
Fla.-Based Law Firm to Merge with Tallahassee Firm
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Steel:
Steelworkers
vote yes to concession-free agreement with potential Slater Steel buyer
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Slater
finds buyer for unit
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Interested
buyer sees 'strong growth potential' in Slater Steel unit
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U.S.
steel prices have jumped at least 30% in less than two months, causing
buyers to stockpile supplies and seek cheaper alternatives
(WSJ: separate paid subscription required)
Dreams
replace steel's nightmare
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Tech
jobs spring back
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Good
credit skills essential for students
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Adelphia:
Adelphia
noteholders seek say in Chapter 11 plan
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Adelphia
aspires to emerge from its troubled past
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Cable
Company Adelphia May Ditch Name Tainted by Scandal
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Adelphia
Fraud Trial Set to Begin
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Adelphia's
founder, sons face trial in huge fraud case
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Airlines:
United
wins more time for its reorganization
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Bankruptcy
court appoints examiner in United retiree flap
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United's
unions assail plan to cut retiree benefits
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United
unveils new colors, first ad campaign in 4 years
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Unions
oppose Milton's proposal
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US
Air Pilots: Co To Create Hybrid Network To Boost Rev
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US
Airways pilots agree to negotiate on givebacks
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County
seeks to regain loans from bankrupt airline
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A
mortician on one hand and an obstetrician on the other
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City
slaps $1 million-a-day fine on cable company RCN
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RCN
Bank Debt Holds Despite Chapter 11 Buzz
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Defunct
tech schools force students to reboot
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SunCruz
Casinos' assets sold for $36.1M
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Retirees
sue Formica Corp. to stop benefit reduction
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State
alleges insurer fraud - Lawsuit names Berkshire unit Seeks damages
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American Hospitality:
American
Hospitality Concepts Files For Bankruptcy
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American
Hospitality says it's bankrupt
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Ground
Round Franchisor Files Chapter 11
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When
the beautiful business turns ugly
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Derbytown
Electric files Chapter 7 bankruptcy
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Reconsidering
a Personal Guarantee as a Credit Enhancement
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Potential
buyers weigh Castaways' potential
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Las
Vegas entrepreneur 'settling with the universe'
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New
Bankruptcy Opinions
(4 new opinions today)
Bankruptcy
Court Web/Pacer Site Directory
Weird
News
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Bankruptcy Reform:
Senate
floor action on HR 975?
(DBN Subscription Required)
Asbestos
reform still on radar, bankruptcy reform less likely
(WSJ: separate paid subscription required)
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Oglebay
Norton files for Chapter 11
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Oglebay
Norton Co. to Complete Restructuring Within Chapter 11
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Not
for the Faint of Heart: Securities Litigation and the D&O Market
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Accounting:
Choose
clients with care, lawyer warns accountants
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The
Internal Auditor's Role in Sarbanes-Oxley
Cracks
in the opaque ceiling?
(DBN Subscription Required)
Accountants
In India Launches for U.S. Firms
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KPMG
appoints new tax leaders
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Grand
Jury Investigating KPMG Tax Shelters
(DBN Subscription Required)
Stuck
in the SAS 70s - many companies are thinking hard about offshoring their
business processes
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Accounting
Boards Face Derivatives Dilemma
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________________
UK:
Personal
insolvencies soar but insolvent company numbers fall in Yorkshire &
Humberside
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Pension
safety net must set tough rules
(DBN Subscription Required)
Middle
classes struggling to escape prison of debt
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Steps
you owe it to yourself to take
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Directors
& Officers Insurance Market Set to Grow in United Kingdom
(DBN Subscription Required)
_________________
Italy:
Parmalat
creditors face off
(DBN Subscription Required)
Parmalat
Capital low on cash: Ernst & Young
(DBN Subscription Required)
Law
Firm for Parmalat Under Scrutiny
(NYT: separate free registration required)
Provisional
Liquidation of Parmalat Capital Finance Limited
(DBN Subscription Required)
Banco
Sumitomo Brazil Rejects Parmalat Allegations
(DBN Subscription Required)
Parmalat's
'£300m a year' losses
(DBN Subscription Required)
Italian
bank executive rejects claims that banks knew about Parmalat's real
finances
(DBN Subscription Required)
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Canada:
When
hard work leads to no pay
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Province
orders audit of bankrupt chain of nursing and retirement homes
(DBN Subscription Required)
Ontario
Teachers' fund faces $6.2B shortfall
(DBN Subscription Required)
________________
Korea:
Citigroup
Agrees to Buy Koram Bank for $2.73 Billion
(DBN Subscription Required)
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South Africa:
Rehabilitation
hampered by exorbitant cost charged by liquidators
(DBN Subscription Required)
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Australia:
Elliott
appeals company directorship ban
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Administrator
to file Elliott bankruptcy proceedings
(DBN Subscription Required)
Investors
eye rebranded Pasminco
(DBN Subscription Required)
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Germany:
Swiss
bankers face lawsuit over Nazi legacy
(DBN Subscription Required)
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France:
French
winegrowers' crisis as sales plummet -- 1,000 close to bankruptcy
(DBN Subscription Required)
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Argentina:
Argentine
bondholders meet to plan recovery of losses
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‘Argentina
must revamp at least 50pc debt’
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Argentina
Eyes Sweeter Deal for Mom & Pop
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____________________
Russia:
Bankrupt
museum honoring Lolita writer looking for savior
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__________________
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