June 15, 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

         
Liability for Judgment May Not Be Transferred to Solvent Company
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Enron:

Enron Said to Gouge Customers for $1.1B
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Bankruptcy plan short on details, critics say
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Enron's Skilling due to get some cash
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Records reveal power profiteering
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Lessons of Enron unheeded
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PACA: Battered, cooked French fries are legally a "fresh vegetable"
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Law:

Jenner & Block merges with IP boutique
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Clifford Chance exodus continues in DC
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The 'fluffy' world of marketing turns serious
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The Lawyer Awards 2004: Who would you choose?
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Dechert nabs Morgan Lewis securitisation team
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Need a Superlawyer? Take a Number
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Weil misses starring role on WestLB's Odeon sale as Odeon picks firm with roles on both buy and sell side of the transaction
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A New Office Can Mean Making Do With Less
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New UK Conflict Rules
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Some Law Firm 'Outsourcing' Looks to the Heartland
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The "B" all and end all
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Summer Associates Find Less Fun and Games, More Work
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Pet hate - Chinese Walls?
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Judge Attacks 'Aggressive' Lawyer Ads
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Chadbourne & Parke Loses Bid to Move Malpractice Suit
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Firm Issues Trading Cards of Summer Associates
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Doctor Proposes Denying Lawyers Medical Treatment
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Social Security solvent until 2052
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Utah yanks fitness gear charity's license
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Signs of economic turnaround buoy CEOs
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Racing Services: All bets are off
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Bidders for gunmaker's assets hope to shut it down
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Consolidated Freightways sell-off continues
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Thaxton Group's Chief Financial Officer Resigns
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Garden Ridge completes senior management team
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Cashpoint attracts potential acquirers
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Pittsburgh: Maxim Crane has debt reduction plan, files Chapter 11
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Blackstone cuts back
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Selectmen challenge bankrupt chemical company: Officials say cleanup of contaminated land has been moving too slowly
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Printer of original sheet music for Scott Joplin files bankruptcy
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Kids Lose Trip Money to Tour Operator
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  Corporate bankruptcies dropping
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PwC Predicts Steep Drop in Bankruptcies
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Airlines:

Group buys majority stake in Hawaiian Holdings
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Adams sells Hawaiian Holdings shares for $40 million
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United Airlines Forges Path to Better Service
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UAL says it made `modest' May profit
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UAL faces pension liability gap
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Delta to Suspend Some Song Flights
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Delta needs cuts in many areas: analysts
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Corporate Reform:

Adelphia defendant still receiving pay
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Adelphia stock said to be put in Rigas account
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Ex-Adelphia Exec Backs Company's Actions
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The second corruption trial of Tyco executives Dennis Kozlowski and Mark Swartz is set to begin Jan. 18
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Adelphia's Cooper Discusses John Rigas Trial and Strategy
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Spitzer Aims to Reform Corporate America
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Ex-Director of N.Y.S.E. Defends Chief's Pay, Again
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Insurance Tycoon Accused of Stealing $35M
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Reports say bank account of ex Halliburton exec may be tied to foreign bribery
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Ex-Halliburton workers decry company waste
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Telecoms:

Rehnquist supports Baby Bells
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Kerry: Bush Not Helping Middle Class
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Kmart's rebound pains workers
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Steel:

Court intervenes in Stelco dispute
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Farley expected to appoint former judge to ease Stelco, union stalemate
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Stelco provides restructuring update
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Three firms set to bid on mill in today's auction
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Accounting:

Ahold posts loss over asset sales
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Constitutional Challenges to State Taxes Can Go to Federal Court

H&R Block Reports Record Revenues & Earnings; Plans Expansion

Veritas Restates, Reports Controls Woes
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Shaw Group M&A Accounting Probed
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Adelphia looking for help to sell company
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Otto family still looks to Spiegel purchase
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Paper maze frustrating
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RBX retirees see benefits go away
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Graduates May See Student Loans Tied to Variable Rates

 

New Bankruptcy Opinions
(5 new opinions today) 

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings
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Weird News
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Pegasus Satellite Television Sues NRTC & DIRECTV
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EPIQ completes $50M private debt placement
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Bankruptcy trustee forcing tenants out of downtown building
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Ross group Horizon stalking horse
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Asbestos:

Federal-Mogul Disclosure Statement and Voting Procedures Approved By U.S. Bankruptcy Court
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Asbestos compo directors unable to get insurance
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Asbestos victims denied day in court
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Artificial Turf Company Files for Bankruptcy
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UK:

WH Smith firm on pensions pledge
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Ex-Goldman secretary who stole millions from her bosses given 7 years in jail by U.K. court
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Telegraph sale may be near
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Current Distressed Companies Update
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EU Utilities Squeezed by Economic, Regulatory Pressures
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Russia:

Yukos Proposes Plan to Pay $3.4 Billion Tax Claim
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Russia Freezes Former Liberian President Taylor's And His Family's Money
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YUKOS asks for mercy
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Gov't to protect rights of foreign investors in YUKOS case
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Yukos asks government to lift asset freeze to avoid bankruptcy
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Japan:

BOJ deserves some credit for recovery
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Corporate bankruptcies down 17th month in row
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Mitsubishi truck company recalls 450,000 vehicles
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Rocky road ahead for Mitsubishi
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Japan passes bill to facilitate bank rescue
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New Zealand:

KPMG NZ to separate Corporate Recovery practice
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Iraq:

You don't have to be poor to work there, but it helps
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Argentina:

Argentina's Merval Declines on Debt Concern
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China:

Legislature to discuss bankruptcy law
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