June 21, 2004 

Daily Bankruptcy News

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Airlines:

People skills serving United chief well
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Top pilots face less pay, status
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UAL to Scale Back Request for Federal Financial Help
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United lacks time, options
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United crafts new aid plea
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And co-starring United
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UAL battles to rescue loan bid
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United May Face More Cuts, Restructuring
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United reels from conditional 'no'
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UAL hopes it will be third time lucky
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United to modify, refile bid for backing
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Analysts say securing loan might be tough for United
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Taxpayer Air?
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Indianapolis deal may resume United bond payments
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Will's Groundless Attack
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United CEO has another swing left
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Experts Tie United Airline's Bankruptcy Exit to a New Investor
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Comair's fate hinges on Delta
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Why are unions vanishing? Look to Delta
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Conservatives to lift Air Canada's bilingual requirement, documents
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Air Canada Provides Update On Restructuring
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Northwest Scales Back Pilot Pay-Cut Plan
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Delta sees pilots' willingness to talk wage cuts as a good sign
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Hawaiian reaps 14 consecutive months of operating profits
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Ex-Hawaiian CEO got less than $2M from sale
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Adams' departure changes Hawaiian Airlines picture
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Terror-insurance program partially extended by U.S.
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Air Canada mum ahead of midnight deadline for investor proposals
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Air Canada evaluates offers for equity stake
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Air travel: The best or worst of times?
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Asbestos:

ABB confidence on asbestos deal unshaken
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Asbestos victims should be near top of priority list
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Asbestos-plagued shares rise on revived fund talk
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Jury Rules in Favor of Kelly-Moore Paint Company
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Battered Tyson plots return
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Economy:

Weak economy hard on teenage dropouts
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Economy on the mend, Bush says
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Making money from inflation
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Kerry camp calls for "reality check" on Bush's rosy radio address on economy
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Pittsburgh finances hit with a not-so-grand slam
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Fleming reaches pact with former workers in Wisconsin
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American Plumbing and Mechanical, Inc. Announces Agreement With Creditors to Terms of Plan of Reorganization
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Christina Aguilera's 'VIP' Fans May Get Bilked Out Of Ticket Refunds
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Bankruptcy trustee wants answers about elite golf club
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Cyto Pulse subsidiary goes bankrupt, plans to liquidate
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Reinsurance Backing Increasingly Flimsy
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Color Arts employee saw signs of coming closure
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Color Arts went from Einstein to Frankenstein
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Troubles follow Englewood homebuilder Ashcroft
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Back from the brink of bankruptcy
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Crossgen To File For Bankruptcy?
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U-Haul parent names Co.,says damages award vacated
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CFOs Identify Top Three Risks to Businesses
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Attorney, Bankruptcy Publisher Newell Blair Dies
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Bargain bankruptcy services incomplete, lawyers, trustees say
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Letter from bishop explains bankruptcy
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  Enron:

Enron prosecutors to seek Lay indictment
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Small-time officials take lead in Enron fight
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Ex-Enron chief may be indicted soon, sources say
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Fraud Rap Due For Enron Big
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Ex-CEO Lay in fed scope
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Enron bankruptcy nears closure
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Tapes prompt senator's call for California refund
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Enron bankruptcy confirmation hearing ends
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After Enron, a sunless year in a tiny cell
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Law:

Doctors who don't treat lawyers are own worst enemy
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In-house legal gigs gain greater prestige, pay
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Renovation makes Foley & Lardner workers feel valued
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Local TV spots suit many lawyers just fine
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Bush Judicial Nominee Practiced Law Without License
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Women GCs 2004
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What's the Hiring Bonus for Supreme Court Clerks? Try $150,000
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Clifford Chance falls short with legal challenge: Firm fails to lure new lawyers
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Parachuting In
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Law firms looking inside for legal help, giving boost to role of general counsel
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Indemnification clauses have lawyers on high alert
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Harbour law firms get urge to merge
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Viagra? Valium? The Florida Bar Has It All ... or Does It?
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Law firms test flat-rate waters
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Corporate Reform:

Tallying the costs of soft landings for CEOs
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Experiments in Corporate Governance
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Letters ask judge to go easy on Stewart
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Witnesses lied, fraud trial told
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Fugitive chief exec plays hide and seek
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Belnick Lawyers Want Charges Dismissed
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Charm Defensive -- MCI's GC and CEO embraced a radical corporate governance plan. What happens if they can't follow through?
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Father's Firm Puts Son's Spending Under Scrutiny
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Sarbanes-Oxley may be putting confidentiality at risk: Clash of new law, old principles has legal community concerned
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Senate Panel Vows To Clean Charity `Cesspool'
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Halliburton Severs Link With 2 Over Nigeria Inquiry
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Accounting:

Lawmakers hear of encounters with tax horrors
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Numbers of leads grow in tax abuse hunt
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FASB Publishes Proposal to Clarify the Accounting Guidance for Conditional Asset Retirement Obligations
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Telecoms:

Reach outlay
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Suing Vatican bank, insurance official charges racketeering
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Payday lending: A maze of fast cash and fees
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Historic movie house faces dim projections
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Boxing taking big hits
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Fair Grounds bidder named
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Downsizing Al
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Kmart's Bubble Rap
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Salem furniture company tries to avoid filing bankruptcy
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Too few saving for retirement
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Barbecue Restaurants to Remain Open in Durham, N.C., Area despite Bankruptcy, Legal Woes
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To his credit, card holder gets to bottom of puzzler
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Spectrum Restaurant Group Bankruptcy: Consensual Plan
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Call Center Firm Lays Off Salaried Workers, Managers To Avoid Bankruptcy
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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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Carolina Investors settlement irritates many investors
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Investors want more details of settlement
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Energy:

PG&E seeks residential rate boost
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Steel:

Judge accepts ISG bid for Georgetown Steel
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Steelworkers' new contract hikes benefits
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Steel mill reopening does wonders for Georgetown industry
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Ivaco Court Protection Extended Until August 13, 2004
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New Ducane owners optimistic
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Grill designers feeling burned
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IRS may reward whistle-blowers in tax cases
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Disciples of Christ may sell Robin Run Village, other holdings
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Krisma rejects bankruptcy
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A Rough Game
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Teen Retailer Weathervane Files for Bankruptcy, Closes All Stores
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Weathervane' Going Out of Business Sale Now Underway At All Locations
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UK:

British Energy has come back from the brink, but how long will the nuclear frisson last?
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Marks & Spencer keeps its books firmly closed to Green
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Investors keep an eye on both money and property
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Non-jury fraud trials back on the agenda
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Ireland:

Crunch Fitness involved in six court actions with different creditors
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Canada:

Ottawa pumps millions into N.B. firm, but patents to be sold by U.S. company
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Russia:

The Kremlin's new doublespeak
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Appellate court casts doubt on Yukos future
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Tax Ministry and YUKOS cooperate
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Yukos Motion To Eject Judges From Case Denied
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Finance Minister says gov't unlikely to buy YUKOS shares
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Back to the Future for Yukos?
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YUKOS has enough to pay off tax debt
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Yukos CFO: Mgmt Endorses "Principles" Of Solvency Plan
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Tycoon's trial is test for capitalism in Russia
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Oligarch 'will not leave Russia' after trial
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India:

From debt to death
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Germany:

Personal Bankruptcies on the Rise
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Corporate failures in Germany on the rise
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Japan:

Cover-ups spotlight Japan's dubious corporate culture
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Japan Koizumi: Starting To See Structural Reform Results
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MMC scandal shows need for corporate ethics
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Mitsubishi nearly off road in u-turn
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Hong Kong:

Bankruptcy cases rise 6.6pc in May
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Korea:

Half of S. Korea's Credit Delinquents Unlikely to Pay Back Debts
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Australia:

Traps in declaring bankruptcy
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