January 27, 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

         
Telecoms:

MCI told it has grounds to sue ex-CEO, others
(DBN Subscription Required)

The Examiner's Report

KPMG linked to tax scam
(DBN Subscription Required)

KPMG defends tax work on former WorldCom
(DBN Subscription Required)

WorldCom's advisors are faulted
(DBN Subscription Required)

MCI 'should sue Ebbers'
(DBN Subscription Required)

Final WorldCom report: Many to blame
(DBN Subscription Required)

WorldCom Advisers KPMG, Citigroup Faulted by Examiner
(DBN Subscription Required)

WorldCom May Owe Millions in State Taxes
(DBN Subscription Required)

Trial of WorldCom ex-finance chief delayed until April
(DBN Subscription Required)

Statement from Gray Panthers on Final Thornburgh Report
(DBN Subscription Required)

Kirkpatrick & Lockhart LLP, Led by Former Attorney General Dick Thornburgh, Files Third and Final Report in WorldCom Bankruptcy Proceedings
(DBN Subscription Required)

Report Reveals More WorldCom Problems
(DBN Subscription Required)

Marconi 'still under pressure'
(DBN Subscription Required)

Network Commerce submits bankruptcy liquidation plan
(DBN Subscription Required)

Former U.S. Wireless counsel guilty of financial fraud
(DBN Subscription Required)

PanAmSat Faces Uncertain Future
(DBN Subscription Required)

_______________

CART:

IRL president Tony George says he hopes to unify U.S. open-wheel racing
(DBN Subscription Required)

City braces for hard hit if Molson Indy crashes
(DBN Subscription Required)

______________

Accounting:

U.S. accounting watchdog hopeful about change
(DBN Subscription Required)

Shareholder says Adecco CEO job on line
(DBN Subscription Required)

Adecco banks help out, internal audit continues
(DBN Subscription Required)

________________

TV Azteca shareholders sue company in N.Y. court
(DBN Subscription Required)

Burger King Sales Figures Underline 'Sense Of Urgency'
(DBN Subscription Required)

SunCruz gambling empire goes on the block in bankruptcy court
(DBN Subscription Required)

Larry's plans its walk away from bankruptcy
(DBN Subscription Required)

Formica to Sell Flooring Assets to Unit of Shaw Industries Group
(DBN Subscription Required)

Disney loses lawsuit appeal to bankrupt firm - Judgment will pay all creditors, plus dividend to shareholders
(DBN Subscription Required)

Euro Disney Courts Saudi Prince's Money
(DBN Subscription Required)

Crossroads, LLC Expands Dallas Office With Hire of John Tittle as Principal
(DBN Subscription Required)

Bankruptcy Court Confirms NES Rentals' Plan of Reorganization
(DBN Subscription Required)

Judge Warns of Fines in PhyAmerica Physician Group Case
(DBN Subscription Required)

Grocer Giant Eagle Lays Off 115 Employees Systemwide
(DBN Subscription Required)

  Asbestos:

AC&S Confirmation Denied
(DBN Subscription Required)

Vested Interest: Why Insurers Care So Much About Halliburton's Bankruptcy/Asbestos Settlement
(DBN Subscription Required)

______________

Airlines:

UAL asks judge for committee in debate on retiree benefits
(DBN Subscription Required)

Great Plains files for bankruptcy, stops MidAmerica flights
(DBN Subscription Required)

Bankrupt airline owes county
(DBN Subscription Required)

Continental interested in buying Avianca
(DBN Subscription Required)

Judge Awards Hawaiian Air Trustee $500K
(DBN Subscription Required)

United Airlines Seeks Longer Period for Funding Its Pension Program
(DBN Subscription Required)

_________________

Enron:

Empty Enron building beckons to ChevronTexaco
(DBN Subscription Required)

Time Warner Telecom Buys Enron's Portland, Ore., Fiber-Optic Network
(DBN Subscription Required)

______________

Steel:

Rise in global steel demand may impact coke shortage
(DBN Subscription Required)

Fansteel Inc. - Plan of Reorganization Effective
(DBN Subscription Required)

International Steel weighing Weirton acquisition
(DBN Subscription Required)

_______________

Penthouse Strips Down To Softer Side
(DBN Subscription Required)

Penthouse Magazine's Publisher Begins Soliciting Acceptances of Plan of Reorganization
(DBN Subscription Required)

FAO:

FAO Schwarz to Be Left As 'Treasure'
(DBN Subscription Required)

FAO Schwarz/DE Shaw: Price Is Double Original Offer
(DBN Subscription Required)

FAO Schwarz's $41M sale to Shaw OK'd
(DBN Subscription Required)

Trains Come to Halt as Toy Store Locks Doors
(NYT: separate free registration required)

_________________

Corporate Reform:

Jury selected for Stewart case
(DBN Subscription Required)

Women outnumber men 8-4 on Stewart's jury
(DBN Subscription Required)

Domestic Diva's Perfect Recipe
(DBN Subscription Required)

Martha Stewart's Defense Used Psychologist to Weigh Jury Makeup
(DBN Subscription Required)

Jurors in the Martha Stewart Trial
(DBN Subscription Required)

Martha's insider noshing
(DBN Subscription Required)

Working Women Dominate the Jury for Stewart’s Trial
(NYT: separate free registration required)

______________

Energy:

Mirant Aims to Fend Off Worker Suits Over 401(k)s
(DBN Subscription Required)

Grant Geophysical Completes Successful Refinancing
(DBN Subscription Required)

_________________

 

New Bankruptcy Opinions
(5 new opinions today) 

Bankruptcy Court Web/Pacer Site Directory

Weird News
(DBN Subscription Required)

US Supreme Crt Rules On Attorney Fees In Ch7 Liquidations
(DBN Subscription Required)

Oral Arguments
(DBN Subscription Required)

The Opinion
(DBN Subscription Required)

Law:

$247 Million Fine Prompts Malpractice Suit
(DBN Subscription Required)

Another Perspective on Knowledge Management in Law Firms
(DBN Subscription Required)

_________________

Collection Tips and Tricks
(DBN Subscription Required)

Kaiser Group Files Form 8-K Concerning Adverse Bankruptcy Court Decision
(DBN Subscription Required)

Fleming lawyers agree to trim fees
(The Deal: separate paid registration required)

Strapped with deep debt? You can fight back - and win
(DBN Subscription Required)

Greenspan Is Confident on Replacing Jobs
(DBN Subscription Required)

UK:

Officials did not lie, says Bank's QC
(DBN Subscription Required)

Bank unleashes scathing attack in BCCI lawsuit
(DBN Subscription Required)

Bank of England denies botching BCCI role
(DBN Subscription Required)

Bank slams BCCI case as a 'conspiracy'
(DBN Subscription Required)

Leeds deadline is extended by creditors
(DBN Subscription Required)

Additional Leeds Stories

________________

Italy:

Banco do Brasil to Seize $8.3 Mln in Parmalat Goods
(DBN Subscription Required)

Additional Parmalat Stories

Finmatica Chief Executive Resigns, Delays Report to Consob
(DBN Subscription Required)

____________________

Canada:

Cash-poor Cabletel defaults on credit deals
(DBN Subscription Required)

Cabletel in trouble; lender gives until Feb. 20 to deal with credit default
(DBN Subscription Required)

Boutiques San Francisco stores, name sold for $3.2M
(DBN Subscription Required)

Boutiques San Francisco sells off 33 stores
(DBN Subscription Required)

________________

Japan:

Personal bankruptcies hit record 220,000 in 2003
(DBN Subscription Required)

_________________

Australia:

Pasminco aiming to raise $1bn-plus
(DBN Subscription Required)

________________

Argentina:

Bondholders may seize Argentine assets next week
(DBN Subscription Required)

______________

Ghana:

Ghana to Introduce Bankruptcy Law
(DBN 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