| Enron: Enron's
      Reorganization Hearing Off To Contentious Start(DBN Subscription Required)
 As
      Enron trial looms, Fastow bolsters defendants' claims of innocence(DBN Subscription Required)
 Examination
      outlines possible causes of action against lawyers(DBN Subscription Required)
 Fastow
      evidence could help defense(DBN Subscription Required)
 6
      defendants pin hopes on Fastow's statements(DBN Subscription Required)
 Government
      acts to protect assets in Enron pension plans(DBN Subscription Required)
 Enron
      chief sees hearings over in a week(DBN Subscription Required)
 Enron
      May Repay Half of Amount It Promised(DBN Subscription Required)
 Enron
      seeks OK to exit bankruptcy(DBN Subscription Required)
 Enron
      reorganizing to pay creditors 20 cents on dollar(DBN Subscription Required)
 Dirty
      words, dirtier deeds(DBN Subscription Required)
 _____________ Asbestos: Hardie
      maneuver worried CSR(DBN Subscription Required)
 Asbestos
      Plaintiff Claims Rice Breached Fiduciary Duty In Prepack Settlement(DBN Subscription Required)
 Asbestos
      Bankruptcies Face Setbacks on Two Fronts(NYT: separate free registration required)
 ABB:
      US Asbestos Hearing Went Well, Expects Ruling Soon(DBN Subscription Required)
 ABB
      in focus as asbestos settlement ruling awaited(DBN Subscription Required)
 ___________ Corporate Reform: Adelphia
      jet fleet delivered toilet paper(DBN Subscription Required)
 Belnick
      Urged SEC Cooperation(DBN Subscription Required)
 Tyco
      Debt Lifted to Investment Grade by Moody's(DBN Subscription Required)
 Demands
      for 'Cooperation' Increase(WSJ: separate paid subscription required)
 Pity
      the CEO scraping by on just a few million a year(DBN Subscription Required)
 Many
      say governance reform is going too far -- as activists dig in and get more
      demanding(DBN Subscription Required)
 Directors:
      Corporate Constables? They are increasingly held responsible for making
      sure that companies are behaving as they should(DBN Subscription Required)
 ______________ Steel: EPA
      Tells Warren, Ohio, Steel Company to Make Reorganization Plan Changes(DBN Subscription Required)
 U.S.'s
      Steel Prices Should Lose Steam(WSJ: separate paid subscription required)
 ________________ Court
      orders Kaiser to sell refinery stake to Hydro(DBN Subscription Required)
 Better
      Late Than Never: The Informal Proof of Claim Doctrine Jackson
      Curios Under Wraps(DBN Subscription Required)
 DB
      Companies, Inc. Files for Chapter 11 Reorganization(DBN Subscription Required)
 Hoover
      found guilty(DBN Subscription Required)
 Hoover:
      Guilty times 44(DBN Subscription Required)
 New
      HealthSouth CEO seeks to move firm past scandal(DBN Subscription Required)
 Sears
      misses May forecast as others post strong sales(DBN Subscription Required)
 Adelphia
      amends loan commitment letter(DBN Subscription Required)
 Feedlot
      manager moved cattle on news of fraud case(DBN Subscription Required)
 Non-approvable
      letter from FDA means further doubt for Cardima(DBN Subscription Required)
 Increased
      Liability for Directors and Officers(DBN Subscription Required)
 Am
      I Covered -- Will You Have D&O Insurance When It Is Needed?(DBN Subscription Required)
 Hiring
      of fourth bankruptcy judge OK'd for federal district in Wisconsin(DBN Subscription Required)
 CornerStone
      Propane Partners, L.P. Reaches Restructuring Agreement with Senior Secured
      Lenders; Files Chapter 11 Petition and Plan of Reorganization to Implement
      Restructuring(DBN Subscription Required)
 |  | Airlines: US
        airlines urge Washington to halt taxes(DBN Subscription Required)
 Delta
        Creditors Meet, Mull Ways To Prevent Bankruptcy(DBN Subscription Required)
 Fend
        for yourself, lawmaker tells airlines(DBN Subscription Required)
 Airlines
        get warning from key lawmaker on future aid(DBN Subscription Required)
 Carriers
        seek aid to stay in the air(DBN Subscription Required)
 Arizona
        airline not taking part in Hawaiian reorg process(DBN Subscription Required)
 BA
        blackballs Swiss after fallout on frequent flyers(DBN Subscription Required)
 Troubled
        Companies Pay Debts To Airport(DBN Subscription Required)
 US
        Airways asks CWA for concessions(DBN Subscription Required)
 Even
        with concessions, Delta in peril(DBN Subscription Required)
 Airlines
        face heavy turbulence(DBN Subscription Required)
 What
        should the federal government do -- or not do -- for the airline
        industry?(DBN Subscription Required)
 Financial
        pressure building for Delta(DBN Subscription Required)
 Costs
        Put Delta in the Cross Hairs of Crisis(NYT: separate free registration required)
 Continental
        Sees Possible Furloughs(DBN Subscription Required)
 GAO
        says airlines failing fast(DBN Subscription Required)
 Southwest
        Air Leads Again(DBN Subscription Required)
 ______________ Law: General
        Counsel Compensation in the Crosshairs?(DBN Subscription Required)
 Class
        Action Yields $60.7 Million in Legal Fees(DBN Subscription Required)
 Belnick
        Excelled at SEC Probe, Lawyer Testifies(DBN Subscription Required)
 $3
        billion bail unconstitutionally excessive(DBN Subscription Required)
 Summer
        Associates: From the Simplest Seeds, Conflicts(DBN Subscription Required)
 _______________ Telecoms: Time
        for telecom gear M&A?(DBN Subscription Required)
 Nucentrix
        Completes Sale to Nextel(DBN Subscription Required)
 _______________ Accounting: Symbol
        Settles Probes for $138 Million -- Seven former executives and the
        company's former legal counsel are indicted in ''a textbook example of a
        company cooking the books.''(DBN Subscription Required)
 Tech
        executives accused of inflating earnings(DBN Subscription Required)
 Accounting
        Majors Average $42,155(DBN Subscription Required)
 _____________________ Judge
        considers whether to sell off betting company assets(DBN Subscription Required)
 Analysts
        See Strong U.S. May Job Growth(DBN Subscription Required)
 Consumer
        Confidence on Decline(DBN Subscription Required)
 Denver:
        "Destitute" fugitive Quintin enters guilty plea(DBN Subscription Required)
 Lawyer
        disbarred after bankruptcy embezzlement conviction(DBN Subscription Required)
 Pegasus
        uses new tactic in DirecTV fight(DBN Subscription Required)
 S&P
        cuts Pegasus Communications CCR to 'D'(DBN Subscription Required)
 Creditors'
        Liquidating Trusts CalGen/Solutia
        settlement no rating effect(DBN Subscription Required)
 Bank's
        Exercise of Setoff Avoidable and Recoverable
         Solutia
        rejects supply deals with Calpine(DBN Subscription Required)
 SEC
        proposes new rules for asset-backed securities(DBN Subscription Required)
 The
        LBO Method(DBN Subscription Required)
 The
        Spiegel Group Reports May Sales(DBN Subscription Required)
 |  | New
        Bankruptcy Opinions(4 new opinions today)
 Bankruptcy
        Court Web/Pacer Site Directory 
         Recent
        Ch. 11 Filings 
        (DBN Subscription Required)
 Weird
        News(DBN Subscription Required)
 Students
        Face Debt as They Leave College(DBN Subscription Required)
 Examiner
        cites two casino execs in President report(DBN Subscription Required)
 Pegasus
        Ch 11 Seen As Last Try To Keep DirectTV Distrib(WSJ: separate paid subscription required)
 UK: 
         Marks
        & Spencer Spurns Billionaire's Bid(DBN Subscription Required)
 Green
        May Raise Marks & Spencer Bid, Renewing Rivalry(DBN Subscription Required)
 Ashurst
        to replace Freshfields on Greenýs M&S bid(DBN Subscription Required)
 Report
        shows football cash divide(DBN Subscription Required)
 Circatex
        grant pay back fears prove unfounded(DBN Subscription Required)
 Scots
        care-home owners 'forced out of business'(DBN Subscription Required)
 Credit
        card problems 'overstated'(DBN Subscription Required)
 Hey
        Big Spenders(DBN Subscription Required)
 'Scapegoat'
        gibe by ex-Equitable chief to FSA(DBN Subscription Required)
 ______________ 
         Argentina: 
         Argentina
        Creditors Threaten to Block Restructuring(DBN Subscription Required)
 Don't
        Cry for Argentina -- Responsibility for its massive debt belongs to the
        country alone(DBN Subscription Required)
 ________________ 
         Australia: 
         Ousback
        food company in administration(DBN Subscription Required)
 Gourmet's
        take-away dream collapses(DBN Subscription Required)
 WC
        Penfold creditors vote for DOCA(DBN Subscription Required)
 _______________ 
         Canada: 
         Waterfront
        body warns, yet again, that it is sinking in sea of red ink(DBN Subscription Required)
 _______________ 
         Italy: 
         Parmalat
        Creditors Inch Closer To EUR14 Billion Question(DBN Subscription Required)
 Parmalat
        Sets Criteria For Debt-To-Equity Swap(DBN Subscription Required)
 Parmalat:
        "Claw-Backs" May Be Taken After Plan Approval(WSJ: separate paid subscription required)
 Fiat
        creditors ready to convert loan - banker(DBN Subscription Required)
 ______________ 
         South Africa: 
         The
        end of the Harksen affair(DBN Subscription Required)
 Students
        blacklisted for bad debt(DBN Subscription Required)
 _________________ 
         Japan: 
         Japan
        firms hunt distressed deals as deadline looms(DBN Subscription Required)
 Shinsei
        Bank reaches damages settlement(DBN Subscription Required)
 IRCJ
        to Aid Regional Hotel Hit by Ashikaga Bank's Bankruptcy(DBN Subscription Required)
 ________________ 
         Korea: 
         Banks
        to Begin Joint Debt Workout Program for Smaller Firms(DBN Subscription Required)
 Restructuring
        of S. Korean Steel Industry Nears Home Stretch(DBN Subscription Required)
 __________________ 
         Taiwan: 
         E.
        Sun finalizes bank bid(DBN Subscription Required)
 _________________ 
         Singapore: 
         Jail,
        fine for pair who ran firms while bankrupt(DBN Subscription Required)
 ________________ 
       |