July 8, 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

         

Airlines:

United filling planes, but fares lower
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US Airways responds to pilots
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Traditional Airlines Strive to Survive Low-Cost Competition
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American Airlines survival in doubt --union leader
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American Airlines CEO discusses turnaround plan with work force
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Duo - A flight into chaos
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Hawaiian Airlines Agrees To Pay Deferred Pilot Bonus
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Air Canada Jazz pilots ratify cost-cutting deal required by airline's backers
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Corporate Reform:

Forstmann, Trial Behind Him, `Way Off Track' on Investment Pace
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Hollinger belittles Black's lawsuit
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Rigas trial jury keeps deliberating; no verdict
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$17 Million Bonus Tied to Ex-Partner's Coverup, Prosecutor Insists
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X10 seeks to repay debts over 10 years
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Credit denied? That's warning sign of ID theft
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A fixture at Penthouse
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Seattle Archdiocese glad insurers are paying
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Bankruptcy considered by many Catholic archdioceses in priest sex abuse lawsuits
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No local effects expected from archdiocese's bankruptcy move
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Alaska dioceses don't rule out filing for bankruptcy
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Opinions on church bankruptcy run gamut
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Archdiocese bankruptcy could have domino effect
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For Portland Catholics, Sadness and Suspicion Follow Bankruptcy Filing
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Catholics Puzzle Over a Bankruptcy Filing
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Q&A: Archdiocese bankruptcy
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Archbishop reaffirms church mission despite bankruptcy
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Problem with Insurers Part of Archdiocese Bankruptcy
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Economic turnaround undeniable
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Detroit: Hawkins' assets seized at home
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Footstar's ex-CEO to receive $5 mln under deal
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Biggest leveraged buyout ending as a costly fizzle
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Busway cuts into businesses
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Oneida to Sell Encore Subsidiary
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First-half filings approach tally for all of 2000
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Enron:

Enron Ex-Chief Lay Surrenders, Taken to Court
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Former Enron Chairman Ken Lay Surrenders To FBI
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New Enron indictment believed to target man at top: Ken Lay
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Nearly 3 years after collapse symbolizing corporate greed, Lay faces indictment on insider trading, fraud
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Indicted Enron boss prepares to surrender
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Ex-chief Lay indicted in fall of Enron
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Kenneth Lay biography
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'Perp walks' raise debate about the price of shame
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Linda Lay's Montrose shop for sale
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State cheers news of Lay / Officials say indictment of Enron chief supports their claims
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Enron's Lay Faces Big Hurdle in Poisoned Jury Pool
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Ken Lay's very public fall from grace
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Ready for cuffs, Kenny boy? Feds indict Enron greedmeister for fraud
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What's been said about Lay
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What Lay has said
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Enron is not much more than a name
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'Kenny Boy' Lay's indictment hands Kerry a potent issue
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FERC Head Questions Enron Trader Transcript Use
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Enron's Other Cases Spread Like Spokes on Wheel
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How Ken Lay's Charity Could Pay Off
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Law:

UK firm bolsters Chinese walls
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German firm comes under fire as tax client launches record claim
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Coudert plan approaches merger vote
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Dechert elects chair for his fifth term
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Firm Hit With $4.4 Million Malpractice Verdict, Faces Punitive Damages
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White & Case appoints New York head
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Sullivan cements position as leader in US M&A field
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What are the pitfalls of citing Web sites in legal documents?
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The subtle difference between facilitation and negotiation in law firm decision making
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Telecoms:

NorVergence forced into bankruptcy
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XO says it received SEC inquiry in telecoms probe
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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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Kaiser says Gramercy//KJBC sale on, eyes court approval
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Footstar seeks to downsize DIP
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NuMed to seek new debtor counsel
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Asbestos:

UK's Scapa Group ordered to pay in asbestos case
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UK:

City awaits M&S rescue strategy
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House prices could slump 15%
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Post-Enterprise Act administrators have a similar power to that of pre-Enterprise Act administrators to sell the assets of the company prior to the approval of creditors
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A shareholder had a prima facie right to appear on a winding-up petition and file evidence in opposition provided that he could demonstrate that the company was solvent
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EuroTunnel: First the rebellion, now the pledge
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Russia:

Jittery customers create a run on Russian banks
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Russian banking sector unnerved by Guta's closure
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Yukos Stories

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Europe Puts More Limits on Bailouts of Companies
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France:

EC adds caveats to 2.5BN French rescue of Alstom
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Brazil:

Investors celebrate Brazil's landmark bankruptcy law
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Argentina:

Argentina seeks IMF waiver over reforms
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Indonesia:

Prudential Indonesia faces new bankruptcy petition over unpaid claim - report
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Prudential Indonesia says still not notified of any new bankruptcy petition
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