Bankruptcy
Reform Meets Politics
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Telecoms:
WorldCom's
credit bad long before collapse
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U.S.
states demand KPMG give up $146 mln from MCI
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KPMG
attacked over WorldCom tax shelter
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States
target KPMG's WorldCom fees
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The
CLEC's Financial Health - Who Will Survive ?
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WorldCom
Bankruptcy Case Encounters Snag Over KPMG LLP
(WSJ: separate paid subscription required)
MCI
Picks Former US Attorney General Katzenbach As New Chairman
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Papers
help case against WorldCom
(DBN Subscription Required)
SEC
Probes Citigroup, J.P. Morgan on WorldCom Bonds, People Say
(DBN Subscription Required)
________________
Law:
Lawyers
spend big $$ on advertising
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The
New, Bigger Reed Smith
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Payroll-tax
rip-off sinks New Orleans law firm
(DBN Subscription Required)
Sarbanes-Oxley:
Law Firms Negotiate a New Reality
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Kilpatrick
Stockton forms Supreme Court and appellate litigation practice
(DBN Subscription Required)
Franchiser's
Lawyers Conduct 'Drug Raid'-Style Discovery
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O'Connor:
Lawyers 'unhappy lot'
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Linklaters
explores merger with Japanese firm
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Dechert
ends insurance practice as partner jumps ship
(The Lawyer: separate free registration required)
Elite
US law firm to expand in China
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Shook
Hardy slashes post merger London outpost
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Client
poll dents Cameron McKenna’s international network plans
(DBN Subscription Required)
Jenkens
loses seven in Haynes raid
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New
Harvard Program to Research Changing Legal Profession
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The
increasing need for lawyers to be effective marketers
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Hosted
Apps Rule for Busy Law Firm
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Brown
McCarroll names seven new partners
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________________
Energy:
Montana
Cities Eye April to Bid on NorthWestern Utility's Transmission System
(DBN Subscription Required)
NorthWestern
bankruptcy: Will utility survive its plan?
(DBN Subscription Required)
Reorganization
Plan of Bankrupt Utility Fails to Meet Montana PSC Goals
(DBN Subscription Required)
Noteholders
to control Navigator
(The Deal: separate paid registration required)
PG&E
CEO's Pay Jumped Last Year
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________________
Asbestos:
Hardie
target in asbestos fight
(DBN Subscription Required)
Republicans
push asbestos claims measure
(DBN Subscription Required)
______________
New
World Pasta delays filing report
(DBN Subscription Required)
Corporate
Reform:
Adelphia
Paid for Rigas' Bill
(DBN Subscription Required)
Bear
Stearns sues to deter Frankel claims
(DBN Subscription Required)
Adelphia
Seeks to Block Millions for Rigas Defense
(DBN Subscription Required)
Boards
bend under threat of new SEC rules
(DBN Subscription Required)
Former
Tyco officers agreed to theft, prosecutor argues
(DBN Subscription Required)
The
SEC is opening industrywide probes on evidence of problems at a single
company, a major change from past practice
(WSJ: separate paid subscription required)
Stewart
urges backers to write to judge
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Hidden
rules for the moguls? You can bank on it
(DBN Subscription Required)
Scandal-Plagued
Firms Adopt New Names for Fresh Starts
(WSJ: separate paid subscription required)
Tyco
Jurors to Get Judge’s Instructions
(NYT: separate free registration required)
______________
Project
Homestead blames irregularities on former president
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DIP
dimensions: Footstar Inc.
(The Deal: separate paid registration required)
Seniors
Use Credit Cards to Keep Up with Rising Medical Costs
(DBN Subscription Required)
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Enron:
Former
Enron CEO pays attorneys $23 million
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ChevronTexaco
buys tower anyway
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In
His Own Defense: Was Enron Inquiry Worth $90 Million?
(WSJ: separate paid subscription required)
Nev.
Officials Sued in Enron - Related Case
(NYT: separate free registration required)
______________
Airlines:
A
group of minority investors in the parent company of bankrupt Hawaiian
Airlines want a voice in the carrier's already-tumultuous reorganization
(DBN Subscription Required)
Hawaiian
Air will pay pilot pension plan $4M
(DBN Subscription Required)
United
wants to alter schedule / Late summer seen as earliest the airline could
emerge
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Standard
& Poor's lowers Delta ratings deeper into junk status
(DBN Subscription Required)
Trinity
Time Investments threatens to walk away from investment in Air Canada
(DBN Subscription Required)
CAW's
Hargrove Says CAW Stands Firm in Face of Victor Li's Threat
(DBN Subscription Required)
Brussels
warns of 'last chance' for Greek airline as state aid probe opens
(DBN Subscription Required)
NWA
pilots say execs must share cuts
(DBN Subscription Required)
Fitch
Places Triton Aviation Finance On Rating Watch Negative
(DBN Subscription Required)
S&P
downgrades Delta debt on expectation of loss
(DBN Subscription Required)
United
report crucial
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No
Longer on the Brink, American Air Is Still in Peril
(NYT: separate free registration required)
Rising
oil costs add to airlines' burdens
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_______________
Steel:
Carriers
Unite To Withdraw Services From Ivaco
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WCI
Steel earns February profit
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Keystone
Receives Final Court Approval of Debtor in Possession Financing
Agreements
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Bayou
Steel rejects unsolicited buyout
(DBN Subscription Required)
Auction
set for Weirton Steel properties
(DBN Subscription Required)
________________
Accounting:
North
Carolina Companies Are Using Suspect Tax Shelter
(DBN Subscription Required)
North
Carolina Cracks down on Firms That Use Illegal Unemployment Tax Shelter
(DBN Subscription Required)
Suit
seeks to remove KPMG as WorldCom auditor
(DBN Subscription Required)
Shell
relaxed its accounting guidelines for natural-gas reserves in the
mid-1990s
(WSJ: separate paid subscription required)
OM
Group to restate finances for '99-'03
(DBN Subscription Required)
Ex-Qwest
Official Testifies He Cheated
(DBN Subscription Required)
Rash
of Restatements Rattles
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'Tis
the Season to Delay SEC Filings
(DBN Subscription Required)
_______________
Financial
Fraud in the Electronic Age
(DBN Subscription Required)
Operational
Due Diligence: Uncovering Hidden Value in Your Deal
(DBN Subscription Required)
Casino
tower hotel sold
(DBN Subscription Required)
Open
Market patents return from bankruptcy to haunt e-commerce
(DBN Subscription Required)
Zero-percent
Financing and Cramdowns
Ross
to merge Burlington and Cone Mills
(DBN Subscription Required)
Loral
Hopes to Emerge From Chapter 11
(DBN Subscription Required)
Loral
Completes Sale to Intelsat of North American Satellites
(DBN Subscription Required)
Former
HomeGold President Accused of Ordering Documents Destroyed
(DBN Subscription Required)
HomeGold
documents destroyed, suit alleges
(DBN Subscription Required)
Letter
from Delaware -- Kmart's critical vendor payments, Terry Manufacturing's
missing assets, Napster gets confirmation, and mo
(The Deal: separate paid registration required)
Another
Agency Goes Under, Stranding Passengers
(DBN Subscription Required)
Lloyd's
tempest swamps 18
(DBN Subscription Required)
Lloyd's
names will be allowed to offset losses
(DBN Subscription Required)
Did
You Ever Watch Magnum PI? Did You Ever Think of Hiring Him?
(DBN Subscription Required)
Job
retraining offers limited hope in textile, furniture belt
(DBN Subscription Required)
U.S.
mobile home industry struggles with bad loans
(DBN Subscription Required)
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New
Bankruptcy Opinions
(3 new opinions today)
Bankruptcy
Court Web/Pacer Site Directory
Weird
News
(DBN Subscription Required)
How
to Identify Bondholders and Communicate with Them, Part I
(DBN Subscription Required)
Attorney's
bankruptcy work noted
(DBN Subscription Required)
Timing
of Erpenbeck deal draws scrutiny
(DBN Subscription Required)
Closing
Gilroy, Calif., Motorcycle Plant Schedules Final Auction
(DBN Subscription Required)
Tell
where the $87M in American Financial funds went -- or go directly to
jail
(DBN Subscription Required)
Bess
Eaton:
Lawyers
Fight Bankruptcy Filing of Westerly, RI-Based Doughnut Chain
(DBN Subscription Required)
Bess
Eaton Sale Would Help Gencarelli Avoid Taxes
(DBN Subscription Required)
________________
Executives
of Failed Beachwood, Ohio, Staffing Firm Start Over
(DBN Subscription Required)
Guv
calls for review of casino auction
(DBN Subscription Required)
Company
that won Illinois' 10th casino license under scrutiny
(DBN Subscription Required)
Isle
of Capri Supports Illinois Officials' Announcements
(DBN Subscription Required)
Bankruptcy
Court Orders Portsmouth, Va., Custodial-Services Firm's Liquidation
(DBN Subscription Required)
CDW
fights Micro Warehouse allegations
(DBN Subscription Required)
Deal
for bankrupt hospital withdrawn
(DBN Subscription Required)
Steps
for getting a grip on tax debt
(DBN Subscription Required)
Athletic
Shoe Giant Kicks Struggling Footstar
(DBN Subscription Required)
Businessman
Sues Bank, Credit Bureaus in Houston over Mistaken Death Listing
(DBN Subscription Required)
Michigan
firms cut overtime
(DBN Subscription Required)
Connecticut
Firm Close to Finalizing Deal to Sell Maine's Eastern Pulp Mills
(DBN Subscription Required)
UK:
U.K.
Reforms Pension Tax Rules as Brown Imposes Cap
(DBN Subscription Required)
Home
groan
(DBN Subscription Required)
Defiant
Leeds: We Know What We Have To Do
(DBN Subscription Required)
Govt
to back flagship Commercial Court
(DBN Subscription Required)
"No
conflict" asserts DLA as it represents both sides of deal
(DBN Subscription Required)
Britons
lead field in credit card debts
(DBN Subscription Required)
________________
Italy:
Ex-BofA
staff set to face charges in Parmalat
(DBN Subscription Required)
Prosecutors
formally ask for charges in Italy's Parmalat fraud case
(DBN Subscription Required)
Expert
Outlines Plan to Rescue Parmalat
(DBN Subscription Required)
The
bankruptcy system in Italy was changing even before Parmalat, but the
rules governing it are still very much a work in progress
(The Deal: separate paid registration required)
Prosecutors
seek fast Parmalat proceedings
(DBN Subscription Required)
Italy
aims to speed Parmalat case
(DBN Subscription Required)
No
sale as receiver trims milk group
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_______________
Canada:
Levitts
Kosher trying to stave off bankruptcy
(DBN Subscription Required)
Funeral
home giants forced to retrench -- Chains that spent freely to acquire
assets now find themselves in a cash crunch
(DBN Subscription Required)
Bankruptcy
trustee seeks to launch class action against American Express for
penalizing customers who pay bills on time
(DBN Subscription Required)
_______________
Argentina:
Argentine
Economy Expands at Fastest Pace in 11 Years
(DBN Subscription Required)
Call
for Argentina Samurai meeting
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___________________
Korea:
SK
Corp. on Negative Watch
(DBN Subscription Required)
Profitability
of Bankers Falls by 62% Last Year
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________________
Germany:
German
2003 Corporate Insolvencies Rise 4.6% to 39,320
(DBN Subscription Required)
_________________ Israel: Employees
of Bankrupt Jerusalem Hospital Dismissed
(DBN Subscription Required) _________________
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