Lessons
Learned the Hardest Way, by Going Belly-Up
(NYT: separate free registration required)
Tower
sings the blues
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Steel:
ISG:
From bankrupt remnants to top of steel industry
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Slater
workers face deep cuts
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Slater
Steel unit poised for sale, loss of workers
(DBN Subscription Required)
Group
wants all employers to cover Weirton's debt
(DBN Subscription Required)
Stelco
provides update on restructuring
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Steel
group's discount plan: Buy bankrupt, then cut costs
(DBN Subscription Required)
_______________
Corporate Reform:
Rigas'
2B fraud trial opens
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Trial
begins in Adelphia fraud case
(DBN Subscription Required)
First
Martha and Tyco, now Adelphia's Rigas clan on trial
(DBN Subscription Required)
Lawyer
for Star Witness Testifies in Stewart Trial
(DBN Subscription Required)
A
Martha Stewart business manager testified Stewart's broker discussed
selling her ImClone shares if they fell to $60 or $61
(WSJ: separate paid subscription required)
Cable
TV family accused of $1bn fraud
(DBN Subscription Required)
Four
accused execs trade blame
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Aide
backs Stewart's story on ImClone share price
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________________
Asbestos:
Book
reveals asbestos still has a chokehold on us
(DBN Subscription Required)
Crown
Holdings down 4 percent after unfavorable asbestos ruling
(DBN Subscription Required)
_______________
Bottom
line, pad still Guccione's
(DBN Subscription Required)
Real
estate may aid Kmart
(DBN Subscription Required)
Baltimore
Schools Solvency Plan Rejected
(DBN Subscription Required)
Cable
System RCN to File for Bankruptcy
(DBN Subscription Required)
Newport
International Group, Inc. Eliminates Outstanding Debt
(DBN Subscription Required)
Corrpro
Posts Lower 3Q Net, Warns Of Chapter 11 Filing
(DBN Subscription Required)
Yellow
Roadway creditors will make $150M debt placement
(DBN Subscription Required)
Record
Shows Sen. Edwards Backing Business on Key Votes, Including Bankruptcy
Reform
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Oglebay
Norton Files Chapter 11 Bankruptcy
(DBN Subscription Required)
American
Wagering and Sub File Plan of Reorganization
(DBN Subscription Required)
Texas
charter school files for bankruptcy
(DBN Subscription Required)
Court
Appoints Trustee For Erpenbeck Bankruptcy
(DBN Subscription Required)
Erpenbeck's
money tracked
(DBN Subscription Required)
Palmer
Johnson: Work begins on first post-bankruptcy yacht
(DBN Subscription Required)
Solutia
Sues FMC In Bankruptcy Crt Seeking $322M For JV
(DBN Subscription Required)
Washington
Park reportedly considering bankruptcy
(DBN Subscription Required)
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Airlines:
United
Flight Attendants Receive Support from Senators In Fight to Save Retiree
Health Benefits
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Hawaiian
Airlines logs another month in the black
(DBN Subscription Required)
Arrow's
debt bought
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Spirit
sells majority stake
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Air
Canada Provides Update on Restructuring
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Air
Canada unions refuse talks on pension changes
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______________
Law:
A
Lawyer’s Role Must Be Defined, and Also the Fees
(NYT: separate free registration required)
Chicago
Law Partner to Join New York Firm
(DBN Subscription Required)
US
financial results ’03: Kirkland, Weil, Simpson have record years
(The Lawyer: separate free registration required)
Exxon
Valdez Case Generates Largest Law Firm Fee Award
(DBN Subscription Required)
Law
Firm Web Sites Raise a Shield of Language
(DBN Subscription Required)
Clifford
Chance is on a campaign against the 500-year-old brief fee
(The Lawyer: separate free registration required)
Dallas-Area
Legal Firms Cutting Back on Summer Internships
(DBN Subscription Required)
Associates
find that all pro bono is not treated equally
(DBN Subscription Required)
________________
Accounting:
Probe
of KPMG Widens to Another Firm
(DBN Subscription Required)
International
Accounting Standards Take Hold
(DBN Subscription Required)
Landwell
given cutoff date by SEC
(The Lawyer: separate free registration required)
KPMG
Elects Deputy Chair
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Groups
fight FASB stock option rule
(DBN Subscription Required)
______________
Telecoms:
AT&T,
MCI settle lawsuit
(DBN Subscription Required)
FCC's
MCI Probe Continues Despite ATT Settlement
(DBN Subscription Required)
NextWave
seeks new reorg deadline
(The Deal: separate paid registration required)
_________________
Energy:
Power
company bankruptcy could cripple school funding
(DBN Subscription Required)
Aquila
reloads request for Kansas collateral
(DBN Subscription Required)
_______________
Fannie
May: Utah firm to market bankrupt brands
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Greenspan
calls U.S. households financially sound
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Consumer
debt 'in good shape'
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Greenspan
unfazed by Americans' debt
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Two-income
families suffer through bankruptcy blues
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Bankruptcy
court OKs Aurora Foods' reorganization plan
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New
Bankruptcy Opinions
(5 new opinions today)
Bankruptcy
Court Web/Pacer Site Directory
Weird
News
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If
Footstar Folds, Its Boss Stands To Be $6m Man
(DBN Subscription Required)
Going
For Broke
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UK:
Brad
Move
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Administration
looms again for Bradford City
(DBN Subscription Required)
Bank
consortium lunges for Drax
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Millionaire
vineyard owner facing hard times
(DBN Subscription Required)
Equitable
Life case to go to Europe
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CGE
offers to buy Drax from creditors
(DBN Subscription Required)
Consortium
hoping to buy cash-strapped Leeds United
(DBN Subscription Required)
Current
Distressed Companies Update
(DBN Subscription Required)
Takeover
Panel to rock City with war on M&A loopholes
(The Lawyer: separate free registration required)
_________________
EU:
Lawyers
get thumbs-up to practice throughout EU
(The Lawyer: separate free registration required)
______________
France:
France's
wine industry in decline
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_______________
Russia:
World
Bank to support development of credit bureaus in Russia
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New
bankruptcy law to defend debtor rights
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________________
Italy:
Parmalat
rescue plan due to be revealed this week
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Parmalat
sparks calls for auditor rotation
(DBN Subscription Required)
Parmalat
Dairy Rescue Plan Gets Rid of the Fat
(DBN Subscription Required)
Parmalat
USA Files for Chapter 11
(DBN Subscription Required)
Parmalat
gives birth to single EU watchdog
(The Lawyer: separate free registration required)
Italy
Names Committee to Oversee Parmalat's Restructuring
(DBN Subscription Required)
New
Parmalat Targets EBITDA At 3.5% Of Sales By '06
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_________________
Indonesia:
Courts
make monkey out of Indonesian debt agency
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________________
India:
Noose
tightens for defaulters
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____________-
Japan:
Cats
files for bankruptcy amid management scandal
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Mergers
no cure-all for failing firms
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_______________
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