July 13, 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 function repaired: Search prior headlines at http://bkinformation.com/PriorEditionsSearch.html

         

Asbestos:

Frist plans asbestos offer this week
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Enron:

Enron's Lea Fastow Begins Her One-Year Prison Term
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Lay takes case to national TV
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Attorneys general criticize Enron probe
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Oregon, Washington demand help from feds with Enron
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Corporate Reform:

Corporate fraud probers reach high-water mark
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Despite wave of corporate scandals, few business schools require ethics courses
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Piper Jaffray Fined $2.4 Million
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Quattrone Denied New Trial
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Energy:

Mirant Chief Says Focus on Debt Reduction
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Adelphia's sale may not be imminent
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Time Warner seen as likely Adelphia buyer
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Solutia Europe may sell pharmaceutical services business
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HearMe Announces the Status of Certain Activity in Liquidation
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Trustee questions funds funneled to firms tied to NADN executives
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Paralyzed Teen Bids For Bankrupt Gun Co.
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Damman Hardware emerges from Chapter 11
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About those jobs, Mr. President
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A New Report Carries Warnings for Consumers About the National Foundation for Credit Counseling and NFCC Members
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IBII Creditor Trust Establishment Complete: IBII Discovers Unauthorized Berlin-Bremen Stock Exchange Listing
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Illinois State high court to hear arguments in $10 bil. tobacco case
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Audits inspired by O.C. bankruptcy may be eliminated
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Airlines:

United Execs Outline Pending Cost Cuts
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Boeing CEO takes aim at costs, ethics violations, 7E7
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Airlease Ltd. Announces Special Cash Distribution in Connection With Dissolution
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United Airlines looking at cost cutting measures across the company
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Official: State Aid Likely for Alitalia
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Delta Air To Take a Big Charge
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Telecoms:

MCI Says Leucadia Seeks to Buy Controlling Stake
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N.Y. company's play for MCI could launch bidding war
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Verizon Wireless wins NextWave New York licence
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Kitchen Etc. closing stores
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Law:

Getting Respect as a Staff Attorney
(law.com)

UK body to approve new conflicts rules
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HR Survey: The human condition
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Baker & McKenzie restructures as Swiss Verein
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Catholic Dioceses:

Snarled in scandal, an archbishop declares his diocese bankrupt. Will other leaders follow?
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Statement alleges archdiocese ignored 5 warnings
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RC Church reveals 'abuse' figures
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Ex-Tucson priest charged with sex abuse in Wyoming
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Lawsuits allege more abuse at Indian schools
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Archdiocese asks to pay its 112 workers
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Diocese bankruptcy marries church with state
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Catholic parishes confirm Tuscon bankruptcy appears likely
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New Bankruptcy Opinions
(3 new opinions today) 

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings
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Weird News
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Nebraska's state fair verges on bankruptcy
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UK:

M&S Returns $4Bln to Prevent Takeover
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The biggest takeover bid in the City keeps getting more bizarre
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Canada:

Afton Food seeks protection under bankruptcy act after lenders seek repayment
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Italy:

Parmalat Gets C$610 Mln From Canadian Pension Plan
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Russia:

Yukos Owner Renews Offer
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Russian oil tycoon's fraud trial adjourned
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Moscow hints at deal with Yukos
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Foreign Lenders Bet Against Crisis
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Yukos confirms $8bn tax offer
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Khodorkovsky back in court as former oil giant Yukos seeks way out of tax claim
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Yukos fined as deadline passes
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Japan:

The big squeeze -- Homeowners targeted as Japan's banks turn nasty to balance books
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China:

Poorly run Chinese banks must be allowed to fail
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Tieben Iron & Steel facing bankruptcy and restructuring following government crackdown
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Germany:

Fewer Corporate Bankruptcies in Germany
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