January 14, 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

         

Gosman may lose $48M home as his marriage ruled invalid
(DBN Subscription Required)

Indebted And Not Wedded
(DBN Subscription Required)

Enron:

Fastows agree to plead guilty
(DBN Subscription Required)

Ex-Enron Official Fastow, Wife Will Plead Guilty
(DBN Subscription Required)

Plea Bargains Back on Track For Fastows
(DBN Subscription Required)

Former Enron finance chief and wife set to plead guilty
(DBN Subscription Required)

Lawyers push for a plea by keeping it in the family
(DBN Subscription Required)

What comes after blowing the whistle?
(DBN Subscription Required)

___________________

Telecom:

New buyers may bid for C&W's US assets
(DBN Subscription Required)

360networks announces completion of its Touch America acquisition
(DBN Subscription Required)

General DataComm Borrows from Its Top Officials
(DBN Subscription Required)

______________

Former S.C. lieutenant governor, Carolina Investors Chairman indicted
(DBN Subscription Required)

Formica leaving bankruptcy
(DBN Subscription Required)

Law:

Law Firms Led Last Year in Acquiring Office Space
(NYT: separate free registration required)

Mintz Levin among Nation's Top Underwriters' Counsel in 2003
(DBN Subscription Required)

Five Key Reasons Why Lawyers Leave
(DBN Subscription Required)

How to Teach Your Associates to Make Rain Like the Pros
(DBN Subscription Required)

Team Marketing: A Simple Approach to Put a Plan Together
(DBN Subscription Required)

More Data to Add to Your Review of Billing Rates
(DBN Subscription Required)

How Will Law Firm Managers' Roles Change in 2004?
(DBN Subscription Required)

Why Now May Be the Time to Improve Relationships With Corporate Clients
(DBN Subscription Required)

Have Midsize Law Firms Conceded the Battle for Talent?
(DBN Subscription Required)

___________________

Corporate Reform:

Corporate sharks still swimming free
(DBN Subscription Required)

Spitzer says troubled by report on Grasso pay
(DBN Subscription Required)

Study Disputes View of Costly Surge in Class-Action Suits
(NYT: separate free registration required)

__________________

Pension Agency Billions in Red
(DBN Subscription Required)

Texas takes aim at Internet warranty provider
(DBN Subscription Required)

Factory 2-U Files for Bankruptcy
(DBN Subscription Required)

SunCruz: Taking a $32M gamble
(DBN Subscription Required)

Fannie May worker: 'This is the way they repay us'
(DBN Subscription Required)

San Diego Discount Apparel Retailer Files for Chapter 11; Stores Stay Open
(DBN Subscription Required)

High Court Rules for SEC on Investments in ETS Payphone Case
(DBN Subscription Required)

Agency, city chasing Grand Prix debt
(DBN Subscription Required)

FAO gets court approval to use $14 million in cash collateral
(DBN Subscription Required)

Titan out $10M in SureBeam bankruptcy
(DBN Subscription Required)

Stearns says goodbye to business with auction today
(DBN Subscription Required)

Court Denies American Wagering Bid To Cut Claim Priority
(WSJ: separate paid subscription required)

Nevada company in legal fight with Montana files for bankruptcy
(DBN Subscription Required)

For Many, Little Purchases Can Add Up to Major Credit Card Debt
(DBN Subscription Required)

 

Airlines:

Air Canada's bankruptcy-court monitor backs Victor Li's investment deal
(DBN Subscription Required)

Key Li bid details 'secret'
(DBN Subscription Required)

Air Canada creditors to fight Trinity deal
(DBN Subscription Required)

Airline creditors rebuffed
(DBN Subscription Required)

Airline creditors' disclosure bid nixed
(DBN Subscription Required)

Farley chides Air Canada debtholders
(DBN Subscription Required)

Mesa Air Would Be Interested in Buying US Airways' Assets
(DBN Subscription Required)

UAL vies to cut retiree medical benefits
(DBN Subscription Required)

________________

Asbestos:

Bankruptcy judge considers insurers' challenge to Halliburton settlement
(DBN Subscription Required)

Many asbestos suits are fraudulent, professor says
(DBN Subscription Required)

Proposed asbestos trust fund faces opposition
(DBN Subscription Required)

Judge OKs loans from Halliburton
(DBN Subscription Required)

Federal-Mogul names Miller chairman
(DBN Subscription Required)

Federal-Mogul/Chairman: To Lead Co Through Ch 11
(WSJ: separate paid subscription required)

Congoleum getting up off the canvas
(DBN Subscription Required)

Wisconsin Group, Labor Union Criticize Proposed Federal Fund for Asbestos Victims
(DBN Subscription Required)

_________________

Shareholders' Committee Attacks Cone Mills For Lack Of Cooperation In Bankruptcy Case
(DBN Subscription Required)

Accounting:

Adecco Faces SEC Investigation Over Accounting
(DBN Subscription Required)

Adecco's woes highlight thorns in merger accounting
(DBN Subscription Required)

IRS Turns Victory To Defeat
(DBN Subscription Required)

Contingency Payment Considered Part of Taxpayer's Gross Income
(DBN Subscription Required)

Audit fears wipe 50% off Adecco
(DBN Subscription Required)

Adecco faces dual accounts probe
(DBN Subscription Required)

Wachovia, Accountants KPMG Get Caught in Tax-Shelter Fallout
(DBN Subscription Required)

Bush Takes Aim at Tax Loophole That Could Cost U.S. $34 Billion
(WSJ: separate paid subscription required)

Accounting Dispute Led to Demise of San Diego Irradiation Technology Firm
(DBN Subscription Required)

_________________

Steel:

Weirton layoffs will number in hundreds, union says
(DBN Subscription Required)

Ruling on steel mill pay plan held over
(DBN Subscription Required)

_______________

Aurora Announces Continued Progress in its Reorganization Under Chapter 11 To Effect Its Merger with Pinnacle Foods
(DBN Subscription Required)

Mortgage broker files for Chapter 11 bankruptcy
(DBN Subscription Required)

CART:

Possible fight looms for CART's assets, series' survival
(DBN Subscription Required)

CART bidder not happy with IRL moves
(DBN Subscription Required)

Despite the collapse of CART, organizers of the Grand Prix of Long Beach say the event will go on as scheduled
(DBN Subscription Required)

_______________

Bankrupt grocer to ask for extension
(DBN Subscription Required)

City of 10000 loses its grocery stores
(DBN Subscription Required)

Judge orders delay in trial of Adelphia's Rigas
(DBN Subscription Required)

Bankruptcy Judge Approves Nursing-Home Tax Sale by Pittsburgh-Area Bank
(DBN Subscription Required)

 

New Bankruptcy Opinions
(1 new opinion today) 

Bankruptcy Court Web/Pacer Site Directory

Weird News
(DBN Subscription Required)

Kaiser Bankruptcy Woes
(DBN Subscription Required)

Firm that Closed Pittsburgh Bakery, Other Plants, Will Liquidate
(DBN Subscription Required)

Energy:

Mirant: New business plan expected by spring
(DBN Subscription Required)

PSC agrees to put lid on NWC data
(DBN Subscription Required)

__________________

Are Your Joint Accounts With Your Spouse Protected From Creditors? The Concept Of Tenancy By The Entireties
(Martindale: separate free registration required)

Bill Bartmann back in a courtroom today
(DBN Subscription Required)

Equipment at Lexington Fabrics set for auction
(DBN Subscription Required)

Florida 'Credit Card' Scheme's Trail Leads to Collection of Expensive Goods
(DBN Subscription Required)

Financial Advisers Offer Plan to Live Debt Free
(DBN Subscription Required)

Top Hat Tuxedo stores all close
(DBN Subscription Required)

UK:

BCCI Liquidators Outline Case Against Bank of England
(DBN Subscription Required)

Bank of England in dock over BCCI fraud
(DBN Subscription Required)

Bank of England on trial for recklessness
(DBN Subscription Required)

Bank of England Faces Allegations of Deliberate Negligence for 1st Time
(DBN Subscription Required)

In court: the BCCI case
(DBN Subscription Required)

Bank 'Shut Eyes to BCCI Fraud'
(DBN Subscription Required)

BCCI's painful legacy for UK Asians
(DBN Subscription Required)

Bank of England officials 'turned blind eye to fraud'
(DBN Subscription Required)

Bank 'was spineless' in its failure to stop BCCI
(DBN Subscription Required)

Rent cheats to face debt collectors
(DBN Subscription Required)

Leeds on the brink after spectacular two-year slide
(DBN Subscription Required)

________________

Australia:

Packer, Murdoch to give OneTel evidence
(DBN Subscription Required)

____________________

Argentina:

Argentina stands firm on debt restructuring
(DBN Subscription Required)

Argentina Squeezes Small Bondholders
(WSJ: separate paid subscription required)

______________

Canada:

Drop in bankruptcies reported in November
(DBN Subscription Required)

________________

Italy:

Parmalat had $A22b debt: former CFO
(DBN Subscription Required)

Additional Parmalat Stories

_________________

Thailand:

Assets of big 10 to be frozen
(DBN Subscription Required)

Amlo targets hidden assets of bankrupts 56 crashed finance firms to feel heat
(DBN Subscription Required)

___________________

Korea:

South Korean credit card problem more serious than recognized: Standard and Poor's
(DBN Subscription Required)

Union files petition against LG Group
(DBN Subscription Required)

_______________

Netherlands:

Lawyer Demands KPNQwest Trustees Open Files
(WSJ: separate paid 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. For information about discounts or educational/governmental subscriptions, contact us at admin@bkinformation.com. 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 at admin@bkinformation.com 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 at admin@bkinformation.com 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 admin@bkinformation.com