June 2, 2004 

Fastow Not On Prosecution Witness List For 1st Enron Trial
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Enron Traders Caught On Tape
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Accounting:

HealthSouth auditors uncover immense fraud
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Break Up the Big Four?
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PwC Probed on Auditor Independence
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Recent Auditor Changes
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Corporate Reform:

Ex-HealthSouth executive given 6 months' house arrest
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Frist to Delay Action on Lawsuits Bill
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Govt Attacks John Rigas' First Defense Witness
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Prosecution rests in trial of ex-Adelphia execs
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Feds attack credibility of Adelphia defense witness
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Officials are probing if funds linked to a Nigerian plant were deposited in a Swiss account controlled by KBR's ex-chairman
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HealthSouth Setback for U.S.
(WSJ: separate paid subscription required)

Spitzer: Confident `We Will Win' Grasso Case
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SEC Taking Second Stab At Controversial Bank Rules
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Steel:

International Steel Group Turns Losers into Winners as Industry Rebounds
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Asbestos:

Jury Awards $10M In Asbestos Case Against Ford
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Troubled casino finds a buyer
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Ameristar Casinos Agrees to Acquire Mountain High Casino in Black Hawk, Colorado
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Moody's Offers a Word of Caution on Municipal Swaps
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Lawyers grill Forstmann over $125 million loss
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Connecticut says Forstmann misrepresented strategy
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Aladdin reports another profit
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Break-Up Fees Under Attack: Is There Reason for Alarm?
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Is it a Capital Contribution or a Loan?
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Rule #1: Cash is King -- Rule #2: Cash is King --How to Insure that You Get to Keep All of Your Cash with Credit Insurance
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Common Reasons for Payment Default by Foreign Buyers
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More Families Bank on Loans for College
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Delta Air Lines Creditors Close Ranks
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Saybrook Mulls Forming Delta Air Creditors Committee
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Bosses' pay takes a dive at Air Canada
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Domestic airlines outsource and in-source maintenance work all over world
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Avianca OKs Sinergy Bid
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Imminent "bloodbath" in the aviation industry
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Arrow Air Reaches Tentative Collective Bargaining Agreement with Its Pilots
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Dual Failure of US Airways & Delta Would Set Back Aircraft Values for Two Years
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Law:

Real Lawyers to Compete in TV Series
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At Belnick Trial, Wilmer Cutler Is Key to Both Sides
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Excess baggage
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Lawyer Accused of Illegal Campaign Gifts By Reimbursing Staff For Their Contributions
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Lawyers as managers often confuse bluntness with candor
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We`re Not In Kansas Anymore! The Challenges of Globalization
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Freshfields faces M&S conflict challenge
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Dow Corning plan fully pays bondholders
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Chiofaro claims leases boosting towers
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Utah fitness foundation files for bankruptcy as investigation continues
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Kaiser Aluminum Says U.S. Bankruptcy Court Affirms Termination of Retiree Benefits
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Court Refuses To Block Regal Entertainment Special Div
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Counties cut deal on WorldCom debt
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Jury begins deliberating Hoover case
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Judge Orders Bankruptcy Attorney To Pay Debtors For Loss Of Their Homestead
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Optibase Announces Completion of Media 100 Asset Acquisition
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Toledo, Ohio-Area Bankruptcy Rate Remains High
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Under State Law, Consumer Can Reclaim Repossessed Vehicle From Creditor After Filing Bankruptcy Proceedings
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XO, Allegiance creditors stalled
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Trump Hotels makes an overdue interest payment, but its troubles aren't over yet
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Supreme Court Holds Adversary Proceeding to Determine Dischargeability Does Not Implicate Eleventh Amendment Sovereign Immunity
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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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Till v. SCS Credit Corp.
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UK:

High life heralds trouble as individual debt nears 1 trillion
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Warriors put into liquidation
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Personal bankruptcies fall north of border
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Solicitors to earn percentage of debt collection services
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Marks & Spencer brings in big guns
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Current Distressed Companies Update
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Australia:

Gympie Gold escapes liquidation
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Reach may need more Telstra cash
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Italy:

Turnaround expert takes helm of Fiat after CEO's exit
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Canada:

Bankruptcy rates pull back in April
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Argentina:

Argentina Improves Debt Offer With Past-Due Interest
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Argentine investors reject debt offer
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Japanese seek more detail on Argentina's debt repayment
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Creditors File Bankruptcy Petitions vs Argentina SCP Unit
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Brazil:

CIBC, Dart Suit Against Brazil on Bonds Can Proceed
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Nauru:

GE Poised to Bankrupt Nauru, Island Stained by Money-Laundering
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Russia:

Gazprom ready to buy YUKOS
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Moscow court ruling pummels Yukos stock
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Thailand:

Prachai files lawsuit against TPI creditors as rehab plan okayed
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Japan:

Kanebo urged to get its act together
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