February 3, 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)  at: http://bkinformation.com/News/DailyNews.htm

Prior editions available at http://bkinformation.com/bankruptcy_news.htm
Search prior headlines at http://bkinformation.com/PriorEditionsSearch.html

         
Bankruptcy Reform:

Proposed Changes in Bankruptcy Law Twist Meaning of 'Reform' Beyond Recognition
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Legal Hurdles Delay US Whole Company Securitizations
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Garden Ridge:

Retailer Garden Ridge to file bankruptcy, close stores
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Garden Ridge bankruptcy won't affect Independence store
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Garden Ridge files bankruptcy in DE, to shut four stores
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Garden Ridge files for Ch. 11
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U-Haul set to rise from bankruptcy
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Creditors OK Reorganization for Amerco
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Accounting:

Brussels studies regular rotation of audit firms
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Energy:

Bankruptcy risk lingers at US power producers-S&P
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Damman Creditors Committee Picks Professionals
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Minorplanet files for Chapter 11
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Factory 2-U Stores, Inc. Receives Final Court Approval For $45 Million DIP Financing Commitment
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Two more execs reach plea deals in Just For Feet probe
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Seeing Chapter 11 in a new light
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Judge Postpones Trial of Former WorldCom CFO
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Calgon Carbon Selected as Highest and Best Bidder for Waterlink Specialty Product Assets
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EPIQ CEO: Purchase will 'modestly' increase earnings
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Oglebay Norton shares tumble on fears of bankruptcy filing
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Chino, Calif., Mental Hospital Files for Bankruptcy
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Judge to Rule on Bankruptcy Petition against Former Colorado Concert Promoter
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Oakwood Homes to lose Greensboro headquarters status in Clayton deal
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Ripple Effect: Bankruptcy judge's ruling saves Calgary event, too
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National Benevolent at odds with creditors over future
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Bush May Be Vulnerable in Carolinas After Textile Job Losses
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Suit alleges debt collector misfeasance
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Health & Harvest files Chapter 11: Company plans to keep stores and restaurant open
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Allegiance Telecom Files Monthly Operating Statement for December '03
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Prologic Announces Filing of Chapter 11 Reorganization
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MCI's Expert Repairman Has A Tough Assignment
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  Asbestos:

Judge Wolin Denies Recusal Motions
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Judge Refuses to Step Aside in Asbestos Case
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Bankruptcy Judge Denies USG Motion for Recusal; USG to Seek Review Of Decision
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S&P Report Sees Conflict Brewing Between Insurers and Reinsurers
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U.S. claims will force insurers to raise reserves
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Wolin rules against his recusal
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Airlines:

United Flight Attendants Target Carrier
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United Flight Attendants Demonstrate At Major US Airports
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UAL Flight Attendants Ask Court to Review Benefits
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Pension bill seen as Band-Aid
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Trustee is in trenches he's seen before
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Gotbaum comfortable in the cockpit
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Atlas Air lands $50M DIP
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Enron:

U.S. officials consider charging Ken Lay
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Is 10 Years Enough?
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Gadzooks:

Report: Gadzooks close to bankruptcy filing
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Gadzooks to seek Chapter 11 bankruptcy - sources
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Corporate Reform:

E-Mail Shown at Fraud Trial
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Rosie supports Martha, offers M&M's as 'bribe'
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Steel:

Steelworker local unions to work for 'made-in-Canada' solution to Stelco Inc. insolvency
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Union unhappy with pace of Weirton talks
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Cliffs Announces Assumption of Rouge Sales Contract by SeverStal North America, Inc.
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The ins and outs of bankruptcy
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In Defense of Derivatives
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AstroPower Declares Bankruptcy, Sells Assets
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Creditor only bidder for the Castaways
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GEO Specialty Chemicals Misses Bond Interest Payment Due February 2; 30-Day Grace Period In Effect
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Deal arranged to keep idled paper mill going; faces judge´s review
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New Bankruptcy Opinions
(3 new opinions today) 

Bankruptcy Court Web/Pacer Site Directory

Weird News
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Attorney general turns Thaxton Group over to grand jury
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Metropolitan Mortgage plans bankruptcy
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Calif. man sentenced in telemarketing credit card scheme
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Federal Officials Probe Unpaid Health-Insurance Claims at Las Vegas Casino
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Law:

In a Complex World, Even Lawyers Need Lawyers
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Law firms make a case for strategic marketing plans
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New Partners: The Chosen
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K&L, Partner Ordered to Pay Ex-Client $1.1 Million
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Law firms compete for diverse pool
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Wilson Sonsini boosts bonuses even as 2003 revenue slips
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Conflict of interest allegations have surfaced against an Oregon firm that abruptly switched clients
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Arnold & Porter has restructured as a limited liability partnership
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Intrepid files Chapter 11, aims to continue growth
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Intrepid U.S.A. Files for Chapter 11 Reorganization Following Bankruptcy of Its Primary Lender
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Wine Collectors Find Themselves in Fine Mess with Dubious Colorado Dealer
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UK:

More students declare bankruptcy
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Number of students filing for bankruptcy triples
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Leeds reject bid for Viduka
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Bids for Clubhaus fall short
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'Banks want to sell out of F1'
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Sacked workers 'left out in cold'
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Scottish club Livingston to go into financial administration, chairman says
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Italy:

Aflac Profit Falls 61% in Fourth Quarter on Parmalat
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Additional Parmalat Stories

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China:

China's A&W All-American Restaurants close
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Argentina:

Argentina's Crisis Still Haunts 'End of World' Town
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Czech Republic:

Foreign investors hit out at Czechs for failing to reform insolvency laws
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