January 23, 2004 

Telecoms:

Cable & Wireless chooses Savvis bid
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Goldman Sachs Agrees to Give WorldCom $9.5 Mln Refund
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MCI Expects 10 Percent Sales Drop in 2004
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Energy:

NorthWestern bankruptcy: Some reason for optimism
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Court Rejects 'Phantom Cattle' IRS Claims
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Preparing the Way for Workouts - Consider Subtle Techniques When Coordinating Parties and Plans of Action

Economy:

U.S. Initial Jobless Claims Fell to 341,000 Last Week
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Steel:

Warren, Ohio-Based Steelmaker Sees Continued Losses Since Bankruptcy
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Ivaco loans to execs move into spotlight
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Senators reach pension accord; bill would benefit airlines, steel
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Donald Smith & Co Liquidates Stake In Rouge Industries
(WSJ: separate paid subscription required)

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Exide creditors agree on reorganization
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U.S. mortgage lenders brace for drop in business
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Aurora Foods to close St. Louis operations as part of bankruptcy plan
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NBA Negotiations With Creditors Continue, but Differences are Substantial
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U.S. Senate debates pension fund relief
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Factory 2-U files motion to close 44 stores
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Factory 2-U Stores, Inc. To Focus On Portfolio Of 195 Stores With Strong Potential For Profitable Growth
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IRL Makes Bid for Some of CART Assets
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Ex-Converse VP Reaches Plea Deal in Probe
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Atlantic Express emerges from bankruptcy
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Mark Bradshaw Named Partner at Marshack Shulman Hodges & Bastian
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Saul Ewing Admits Three Attorneys to Its Partnership; Executive Committee Also Promotes Three Associates to Special Counsel
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Boardroom Insurance Premiums Up in 2003
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Penthouse rejects murky buyout offer
(The Deal: separate paid registration required)

Navigator creditors want loan fee
(The Deal: separate paid registration required)

Requiem for an orchestra
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Penn Traffic Gets Time to Decide What to Do with Shuttered Ohio Supermarkets
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Ex-Enron Accounting Chief Richard Causey Is Indicted
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Enron's accountant surrenders
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Accounting:

U.S. SEC seeks more details on revenue recognition
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Adecco says briefing customers on account problems
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Mideast gives KPMG big revenue boost
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Law:

Firms Find M&A Practices Rebounding
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Skadden Partner Quits to Start Up Consulting Firm
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Bonus Blues - Dechert plan to reward associates hits big snag
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More States Are Looking at ABA Proposals to Ease Rules on Multijurisdictional Practice
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First Shot Fired in Fla. Associate Pay War
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Tilted scales
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Women Partners
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Owners of large firms continue to embrace chief marketing officers
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Six Ways Law Firm Owners Can Inadvertently Sabotage Their Leadership Abilities
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Courtney Love Sued By Lawyers
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Talent Management - There are signs that an economic rebound is brewing
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Tips on working with "difficult" partners
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101 Noteworthy Trends for Law Firm Owners to Watch in the New Year & Beyond
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Tips On Associate Satisfaction
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Corporate Reform:

Spitzer Sends Subpoena to Conseco
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Amid Stewart Trial, Firm's Shares Have Rebounded
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Tyco Worker Says Execs Deferred Bonuses
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U.S. pushes campaign on global corruption
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Business leaders admit to fear in the boardroom
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Hollinger implodes as SEC probes fee treatments
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Boxer Tyson's Lawyer Seeks Assault Case Settlement
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Should I buy distressed stocks?
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N.C. residents to get less from HomeGold
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Broke orchestra has downbeat sale
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New Bankruptcy Opinions
(2 new opinions today) 

Bankruptcy Court Web/Pacer Site Directory

Weird News
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Airlines:

UAL seeks help on retiree panel
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UAL Retired Pilots Group Wants Voice In Benefits Debate
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Office Vacancies Are Sky-High; So Why No Crisis?
(WSJ: separate paid subscription required)

FAO bids due but future cloudy
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A Fool, His Money, and a Sorry Book
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School Board Seeks Help Of Turnaround Firm
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UK:

Leeds: Buy now ... play later
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Additional Leeds Stories

BOE Deputy Governor Large Sees Benefit, Threat in Derivatives
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R3 Offers Advice On Staving Off Bankruptcy
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House of Lords debates tax evasion & avoidance
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Italy:

S&P office searched as Parmalat bond sales eyed
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Additional Parmalat Stories

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Canada:

Doman faces crucial hurdle in B.C. forest firm's struggle to survive
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Korea:

Korea First Bank Is Considering LG Card Acquisition
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Barbados:

Passengers stranded on cruise ship
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Canadians stranded on ship in Barbados; cruise line negotiates with creditors
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Brazil:

Brazil's Senate To Consider Changes To Bankruptcy Bill
(WSJ: separate paid subscription required)

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Ghana:

Ghana sets bankruptcy laws
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Japan:

Can Japan escape debt trap in fiscal 2004?
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Argentina:

Argentina May Pay $88 Mln to Advisers on Debt Restructuring
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