July 15, 2004 

Zurich Fin faces bankruptcy claim in US for over $500 mln
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Zurich Fincl: Covered In US Nursing Home Debt Claims Case
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Enron:

Court Confirms Enron Bankruptcy Plan
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Plan: Findings, Conclusions - Order
(DBN Subscription Required) (large downloads)

Mike Ramsey Takes on Lay's Case
(WSJ: separate paid subscription required)

Judge Confirms Enron Ch 11 Plan, Overruling Objections
(WSJ: separate paid subscription required)

Enron Ethics Complaint Filed Against DeLay
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DeLay's committee documents Enron donation
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Lay insists he was clueless about Enron fraud
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Bad Lay
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Biggest charges against Lay not about Enron
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Lea Fastow arrives early for 1-year prison term
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Telecoms:

Former Qwest CEO has ties to company bidding on MCI
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Leucadia has not made offer to buy MCI - MCI CEO
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NorVergence service could end today
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Leucadia Seeks Antitrust Nod for MCI Buy
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Law:

You're a Paralegal Where? Sorry, the Doctor Is Out
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Overcoming the Hurdles of Associate Status
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NGJ and Kirkpatrick in merger talks
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Have Fun in the Sun, and Do a Little Work, Too
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Get a life
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Lawyers Dodge the Layoff Ax
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Clients are giving short shrift to law firms seeking to limit their liability
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Lawyers challenge ad ban -- "We cannot tell you what we do without breaking the law"
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Firm Doubles the Size of Its NY Office
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Comedy Club Seeks NY's Funniest Lawyer
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Survey Says Few Lawyers Use Trial Technology
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The road to in-house success
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Court's Computer Glitch Gives Lawyer 900 Extra Cases
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What are firms doing to ensure the security of the data stored upon mobile devices?
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UK firm wipes out 11m debt, prepares for London assault
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That sinking feeling
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Music Legend Sues Celebrity Lawyer Over Fee
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How to Expand Your Law Firm With Internet Marketing
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Partner Dies at 35
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Difficult Clients -- Sometimes, you must choose between giving them lots of TLC and showing them the door
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Freshfields revamps senior management roles
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Freshfields posts drop in profits
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Easterbrook takes on attorneys who file motions rather than file on time
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Dewey takes on Vinson antitrust co-chair
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US Solicitor General to join Gibson Dunn
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Accounting:

WorldCom auditor: Fraud extends beyond upper echelons
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KV shares dive 8% after auditor quits
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Ex-partners warn KPMG to meet 70m shortfall
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Auditing standards form latest target for investors
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An internal Shell auditor told outside auditors of potential energy-reserves problems some two years before the firm disclosed it had overstated its holdings
(WSJ: separate paid subscription required)

IRS Warns Against U.S. Virgin Islands Tax Shelters
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Fraud Detection is Not Just By the Numbers
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PCAOB Ponders Tax Service, Auditor Independence

What Enron, WorldCom can teach auditors
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Adelphia:

Adelphia's Unsecured Creditors Sue SEC
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Adelphia taps UBS, Allen & Co. to advise
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Sale-Minded Adelphia Hires Bankers
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Adelphia Selects UBS Investment Bank LLC, Allen & Company LLC
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Adelphia employs advisers to investigate potential sale
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UBS and Allen & Co win Adelphia mandate
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Airlines:

Can Glenn Tilton Fly This Thing?
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Skies may not be so friendly for United
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United Skips Pension Payment; Unions Wary
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UAL Machinists To Fight Any Permanent Pension Changes
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United says it may skip worker pension payment
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Jazz union expected to back cost cuts
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WestJet CEO's halo tarnished
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WestJet VP resigns amid accusations
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Northwest gets rival, drops fares
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Low-fare airlines may be losing their edge in worker pay
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US Airways to reopen 2nd pact
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Unions agree to negotiate with airline
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GE calmly navigates aviation's rough skies
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Atlas Air plan to exit Chapter 11 confirmed
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Air Dobrudja Ruled Bankrupt
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Energy:

$67 million offered to settle utility lawsuit
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NorthWestern Corp. Reaches Tentative Settlement on Class Action Securities Litigation
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Shareholders could reap more
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Corporate Reform:

Deliberations Continue for Ex-Tyco Lawyer
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D-day for ex-Tyco general counsel as jury retires for fraud verdict
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Government report expands Riggs Bank scandal
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Stewart Sentence Could Mean Prison Time
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It looks like jail for Martha Stewart -- and an uncertain future for her brand and namesake company
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Aide helps Martha Stewart prep for prison
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Fans plea to spare Stewart from prison
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Before Facing Judge, Stewart Is Out and About
(NYT: separate free registration required)

Ex-CFO tells of "cheat sheets" before Cendant deal
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Small Firms Opt for Tough Rules
(NYT: separate free registration required)

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Asbestos:

Silica Injury Claims Rattle Insurers
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Gag lifted on James Hardie inquiry
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Victims reject Hardie asbestos offer
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Light in asbestos tunnel
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James Hardie accused of fraud
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Hardie seeks asbestos claim funds from shareholders
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Bank contends old mare too valuable to give away
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Ch. 11 may not redeem archdiocese
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Diocese denies conspiracy
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Catholic charity tries to distance itself from archdiocese
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Church facing mega-suit / Hearing opens today on more than 150 sex-abuse cases
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Judge permits archdiocese to meet payroll
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Eleventh Amendment Does Not Bar Bankruptcy Courts In Rem Jurisdiction Over The Bankruptcy Estate
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McKeesport's financial troubles growing deeper
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Paralyzed teen battles to buy out gun maker
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Kitchen Etc. to close
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Pinched for a penny!
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Concert promoter files for bankruptcy
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Judge accepts settlement that gives victims only 1 percent of losses
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Weighed down by debt, Huffman Koos files for bankruptcy protection
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Owner of 7 Connecticut furniture stores plans to liquidate
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6 million to lose overtime protection
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Furniture Brands To Take Chg On Customer's Bankruptcy
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Lancaster, Pa.-based furniture store plans to liquidate
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Hundreds to lose jobs as New Holland, Pa.-based furniture chain closes doors
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Golf Club of new England may pay back towns
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Sale of DB Mart Franchises on Hold
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New Bankruptcy Opinions
(No new opinions today) 

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings
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Weird News
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Citigroup 2nd-Qtr Net Falls 73% on Legal Costs
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Waldrep confirmed as new bankruptcy judge
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Personal Bankruptcies Improved from a Year Ago
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Steel:

Aubrun Foundry files with court to exit bankruptcy
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Judge Denies Motion to Dismiss Napster Case
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Fraudulent Transfer Statute Does Not Preempt Common Law Causes Of Action
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Retail Sales See Biggest Drop in 16 Months
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Investors vent during Carolina Investors gathering
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Harsh Consequences Of Unauthorized Post-Petition Financing
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San Diego financial firm files Chap. 11 bankruptcy
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Right Of First Refusal Not Invalid Restriction On Assignment
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Conn. Dance Company Succumbs To Debts
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Automatic Stay Extended to Action against NonDebtor where Debtor Obligated to Indemnify NonDebtor

Lawyer wants new lawsuit over Carolina Investors
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Cybergenics Redux: Derivative Standing Again Under Fire
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Hawaii: Palama Meat Co., H&W sold
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Chapter 11 Filing To Delay Litigation Not Bad Faith
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Ailing Greyhound may get credit lift
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Pay Raises Remain Lower Than 1990s Levels
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UK:

Watchdog to probe Mayflower auditing
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Bankrupt former football boss in financial probe
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Mayflower to be first IDB case
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M&S shares drop as Green walks
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Green in dispute over M&S's books
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Is Edwards sailing into debt-infested waters?
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Senior UK lawyers predict upturn in US-style shareholder suits
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KPMG finds bidder for Scottish ski resort
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Italy:

Parmalat Finanziaria to Repay Creditors With Shares
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Parmalat Issues Debt-To-Equity Details
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New law adds protection for Pa. dairies
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EU approves aid to Italian, French dairies in trouble due to Parmalat
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________________

Russia:

Russian Banks: A Crisis Or Panic?
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Yukos Stories

No Longer a Ministry, Not Yet a Corporation
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_________________

Argentina:

Default Is Becoming a Way of Life in Argentina
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Argentine Creditors Seek to Build Opposition to Offer
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_________________

Canada:

Groupe Bocenor Inc. obtains approval of its proposal from its creditors
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New Skeena fate hinges on taxes
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____________

Czech Republic:

Trolley bus maker hits the brakes
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Vietnam:

Vietnam to sack officials of ailing SOEs
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Jersey:

Former billionaire to be freed from bankruptcy?
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Mexico:

Mexican Steelmaker Fires CEO
(NYT: separate free registration required)

Fugitive Executive Arrested in Mexican Tax Fraud Case
(NYT: separate free registration required)

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