January 7, 2004 

Success Seen Unlikely In Regulators' Appeal Of PGE Plan
(DBN Subscription Required)

PG&E: Amended Memorandum Decision Approving Settlement Agreement and Overruling Objections to Confirmation of Reorganization Plan
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Regulators oppose PG&E reorg
(The Deal: separate paid registration required)

Mirant Files Appeal Notice In Pepco Contract Dispute
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Cal PX Sues Former Execs, Board
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PG&E bonuses growing
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PG&E's bankrupt bonuses
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Airlines:

GE lands Air Canada finance fees
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Air Canada creditors say Li's recovery plan won't fly
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US Airways CEO says workers refuse to listen to his recovery plan
(DBN Subscription Required)

US Airways postpones 'road show' about costs
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Some progress seen in US Airways Pittsburgh gate lease deal
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Adams wants jury to decide $28M lawsuit
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Hawaiian Air's Ex-Chairman Defends Buyback
(WSJ: separate paid subscription required)

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Finance deal for Feuerstein called inadequate
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Card delinquencies hit record high in US
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Accounting:

Qwest Officials May Be Sued by SEC Over Accounting
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Countrywide replaces Grant Thornton as auditor
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Toy stores playing for keeps
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Bankruptcy judge featured speaker at conference on Israeli attack on U.S. ship
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Edwards speaks to Americans who are "one medical emergency, one layoff, from going into bankruptcy"
(NYT: separate free registration required)

Corporate Reform:

Stewart jury quiz simple, but picking panel not
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Corporate Boards Log More Time Without the Pay, PwC Survey Finds
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The NYSE is expected to hire Richard Ketchum, general counsel of Citigroup's investment bank, as chief regulatory officer
(WSJ: separate paid subscription required)

Grasso's Pay Called "Inappropriate" as NYSE Seeks Chairman

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XO offering dilutes Icahn stake
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Master Salesman Schwarzenegger Warns of Bankruptcy
(NYT: separate free registration required)

Steel:

Slater set to liquidate operations
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Steelworkers fight to save Slater Steel jobs
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Another chapter in bankruptcy
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Auction gives inside look at failed company - a secret door, wet bars and hidden hallways
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GE units: Look at Daisytek books
(The Deal: separate paid registration required)

Enron:

Enron's numbers add up for judge
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Enron restructuring plan gets nod from judge
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Andrew, Lea Fastow, ex-Enron officials, trying to get plea deals
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U.S. Juries, Upset by Enron, Award $13.8 Bln for Fraud in 2003
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Enron's Recovery Plan Cleared for Creditor Vote
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Enron/Disclosure Statement: Will Emerge As 2 Companies
(WSJ: separate paid subscription required)

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Asbestos:

Chamber sets agenda for session, includes asbestos reform
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Workers get payoffs in asbestos lawsuits
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$250 Million Asbestos Verdict Second Largest Verdict in 2003
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Personal Bankruptcies in U.S. Likely to Hit All-Time High in 2003
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Gentilozzi has high hopes for CART
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Debt Soars To A Record
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Red Ink Rising
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Betting on bankruptcy
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Cable station files bankruptcy to stay on the air
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Casino Seeks Buyer for Chapter 11-Protected Boat in Little River, S.C.
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FAO expected to sell quietly
(The Deal: separate paid registration required)

Average 'Junk' Bond Yield Falls Below 7%
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CTA workers want to know where their money is - "Depression-style bank run."
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ARY wins legal victory in Krigel case
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New Bankruptcy Opinions
(No new opinions today) 

Bankruptcy Court Web/Pacer Site Directory

Weird News
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Sacramento, Calif., Port Close to Seeking Bankruptcy Protection
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Fleming awaits trustee decision
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End To Cone Committee Sought ; Another Committee Representing Unsecured Creditors Says A Shareholders Committee Would Be Expensive For Cone Mills
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Companies Seek To Recover Pay From Ex-CEOs
(WSJ: separate paid subscription required)

Monsanto tapped for Solutia committee
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UK:

Bankruptcy to soar
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Canada:

Frigon to attempt San Francisco rescue
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Italy:

U.S. banks probed on Parmalat bonds
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Additional Parmalat Stories

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Korea:

Korea First's Cohen Interested in Buying LG Card
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Five Creditors Agree To LG Card Bailout Plan So Far
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LG Card lenders still split over rescue plan
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LG creditors face bankruptcy ultimatum
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Creditors Should Make Decision On LG Card Bailout Wed
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South Korea's largest credit card company in jeopardy
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SK Group Chairman to Be Summoned on Thursday
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Australia:

Future of Gympie Gold still uncertain
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Debt-Laden Customers Threaten Survival Of Small Australian Firms
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Argentina:

Argentina's Kirchner Boosts Approval Rating With IMF Clashes
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Zimbabwe:

Zimbabwe's banks near collapse
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