July 21, 2004 

Asbestos:

Democrats in Senate to Confer on Asbestos Fund
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Asbestos talks pick up steam as Congress' time runs short
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Lloyd's Equitas in asbestos claims deal with EnPro
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Proposed Asbestos Legislation Will Harm Asbestos Victims
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Professor Brinkman Reports To Congress on Asbestos Bankruptcies
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Creditors push bankruptcy case into 2005 for Owens Corning
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Hardie directors seeking protection from liability
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House Bankruptcy Hearing on Professional Fees for Big Business Cases
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House Judiciary Committee - Hearing: Has Competition for Big Cases Corrupted the Bankruptcy System?
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Steel:

AK Steel posts bigger profit
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Enron:

Wife of former Enron chief' to sell secondhand store
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Nevada senator calls for resignation of two FERC appointees
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JP Morgan Has $548 Mln 2nd-Qtr Loss on Legal Costs
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Enron wants new $25M DIP
(The Deal: separate paid registration required)

Enron Gets $25M Replacement DIP Loan From Wachovia Bank
(WSJ: separate paid subscription required)

Texas firm buys Enron spinoff fiber network in Portland, Ore.
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Former trader to pay $300,000 over claims
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Lay team says Justice Department was sneaky
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Venture clashes with ex-owner
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Economy:

Econ strong, Fed chief says
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Fed chief's remarks boost US stocks
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So far, economic recovery tilts to highest-income Americans
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Corporate Reform:

For Corporate Directors, Scandal Ain't So Bad
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Illinois Does the Right Thing. California Does Not
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Sen. Fitzgerald Moves to Protect Stock Option Expensing Reform
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Grasso Files Suit Against NYSE and John Reed
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Law:

"We The People" firm accepts injunction
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Dechert office hit with corporate exit
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Lawyers Keep Practicing After Winning the Lottery
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D.C. Firm Drops Name to Get a Good Win
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UBS Warburg Sanctioned for Destroying E-Mails
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She's gone from trials to triathlons
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One Attorney's Internet Search Brings up Another's Advertisement
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Law School 'Gift' May Cost Defendant Her Career
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Chadbourne & Parke LLP Elects Three Attorneys to Partnership
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Lawyer, Called Up to Serve in Iraq, Ends Run for Congress
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Owen trial hinges on what former Carolina Investors president knew
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Chiofaro: Taking rival's tenants a sweet benefit
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Rivalry in a Property Fight
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Coal miners stage second protest outside bankruptcy court
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Horizon says it can't afford retirees
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Airlines:

Delta Pilots Offer New Concessions Package
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Wall Street wary of Delta
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Delta has 50-50 chance of bankruptcy
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United sees profit at DIA operations
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EU approves state loans for Alitalia
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easyJet opposes Air France-Alitalia deal
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US Airways plans deep flight cuts
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United in new financing talks
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Air Canada not opposing WestJet filing of spy counterclaims: 'have no merit'
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Post says WestJet's Hill baited trash with phony plans
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Air Canada shares plummet on belated realization of their negligible value
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It's enough to make you sick
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Continental reports $2m profit after charge
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Hawaiian: Airline flying high, not late
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Telecoms:

U.S. Government Says 79 Million Recovered For Global Crossing Workers
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Customers Of Struggling NorVergence Seek Help
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Elantic Telecom, Inc. Files for Reorganization
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Venture firms to buy troubled ICG Communications
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RCN Corp. says searching for a new CEO
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Unefon in sale talks with telecom firms
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Sprint affiliate iPCS emerges from bankruptcy
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Court OKs sale of NextWave's New York license
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Accounting:

House Adopts Stock-Option Accounting Bill By 312-111
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Recent Auditor Changes
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A 1999 Coke e-mail from company headquarters to its unit in Japan is the focus of a probe into alleged accounting fraud.
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Probe Finds US Agencies Fail To Share Data With IRS
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Over 1,500 Taxpayers Fess Up To Son Of BOSS Shelter Participation
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E&Y, Orenda Merge to Create Mid-Market M&A Practice

House Limits Stock Option Expensing to Top 5 Officers

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Developers buy former Pillowtex plant
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Pillowtex: Last hope of a dying company
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GenCorp unloads GDX unit to turnaround specialist
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Team in bid to buy Cooperheat-MQS out of bankruptcy
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"Early intervention": Allentown's finances catch state's attention
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Judge pans guard contract, threatens prison receivership
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Investors chasing the viatical death dividend taken for millions -- Sunken fishing vessel helps unravel massive fraud
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Bankruptcy lawyer spins hobby
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Manage Your Cash Well When Bad Credit Strikes
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Women First files liquidation plan
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Top Rank 'interested' in promoting Tyson
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Court OKs Penn Traffic leasing plan
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Conseco asks judge to place lien on ex-director's Florida home
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New owner of 3 DT Industries businesses expects turnaround in 2005
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Ford Credit Earns $897 Million In Second Quarter
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Pittsburgh: City among most 'fiscally fit'
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New Bankruptcy Opinions
(1 new opinion today) 

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings
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Weird News
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Bankrupt Brobeck Wants Its Money Back
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Allstate Financial bankruptcy case to resume in Memphis
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Thaxton Closes $7.7M Sale Of Tico Loan Receivables
(WSJ: separate paid subscription required)

Calif. Diocese Warns It Could Go Bankrupt
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Secrecy of Credit-Counseling Group Raises Questions
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Home Construction Slacks Off
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Wickes seeks OK to sell lumber yards
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Eckerd to lay off 1,400 Florida headquarters staff
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AmeriDebt's bankruptcy filing is a reminder that we are often our own most able saviors
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UK:

Card lenders told to share more data
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Equitable probe offers hope for policyholders
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Protection plan for debtors who suffer personal tragedy
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New deal on debt
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Russia:

Putin to strip Yukos of its crown jewel
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Threat to sell Yukos arm fuels property fears
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YUKOS faces ruin as core unit to be sold
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Shares Of Yukos's Main Oil Producing Company Arrested
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Yukos told to pay $5.24b tax bill
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Investors react with dismay over Yukos move
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Possible Yukos Bankruptcy Will Worsen Investment
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Yukos submits new compromise proposal to government
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Canada:

Roadking Travel Centres Inc. Files Default Status Report
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South Africa:

Full-stop to RAG saga marks a new chapter for liquidation sector
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RAG Liquidation Feud May Be Solved With Mooted Deal
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Korea:

Creditors Approve Debt Buyout Plan for Hynix Semiconductor
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Construction Company Bankruptcies Up Sharply in Second Quarter
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Creditors to Pick Prime Bidder for Ssangyong Motor Soon
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'Bad bank' fails to lure many debtors
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Behind the crisis in South Korea's economy
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Italy:

Parmalat plan approved by Italian government
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More Parmalats?
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Lazio grasps last-minute lifeline
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France:

France Telecom Must Pay Up to EU1.7 Billion, EU Says
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Mexico:

Judge jails Ahmsa directors without bail
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