March 22, 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
Search prior headlines at http://bkinformation.com/PriorEditionsSearch.html

         

Asbestos:

Armstrong World Industries Requests Another Extension for Bankruptcy Plan
(DBN Subscription Required)

State top 10 list
(DBN Subscription Required)

Philip Morris USA Says Mississippi Ruling In Step With Law; Third-Party Tobacco Litigation Essentially Over
(DBN Subscription Required)

Automakers see asbestos lawsuits rise
(DBN Subscription Required)

Rise in asbestos claims threaten UK insurers
(DBN Subscription Required)

Report says asbestos deaths growing into epidemic
(DBN Subscription Required)

__________________

Law:

Lawyer overcomes life's trials
(DBN Subscription Required)

Greenberg Traurig lobbyist's tab called stunning by clients
(DBN Subscription Required)

Spendlove quits Ashurst for Fried Frank
(The Lawyer: separate free registration required)

Think beyond networking for firm's growth
(DBN Subscription Required)

Wynne appointed as new White & Case chairman
(The Lawyer: separate free registration required)

Hogan & Hartson continues to expand at 'healthy rate'
(DBN Subscription Required)

Post & Schell moves into futuristic offices
(DBN Subscription Required)

Jailed Lawyer Accused of Drug Deals To Pay Firm Expenses
(DBN Subscription Required)

Law firm fires 13 attorneys, 29 others, economy cited
(DBN Subscription Required)

Ex-Lawyer for Former Miami Bank to Pay $220,000 in Settlement
(DBN Subscription Required)

Technology propels law firm: Proprietary software aids efforts at Linebarger Goggan
(DBN Subscription Required)

Firms Lend Money to People in Legal Disputes
(DBN Subscription Required)

Court sides with Oracle on evidence issue --- Company's in-house attorneys to see sensitive rival data
(DBN Subscription Required)

Scandal-Resistant
(DBN Subscription Required)

Building clientele: Law firms are using marketing to grow their business
(DBN Subscription Required)

Milberg Weiss role in stock-drop case questioned
(DBN Subscription Required)

Electronic Discovery Puts General Counsel On Front Lines
(Martindale: separate free registration required)

Value is one of keys to marketing a law firm
(DBN Subscription Required)

The Outlook for 2004: A Recruiter Roundtable
(DBN Subscription Required)

Quick and clean turnaround
(DBN Subscription Required)

Bay Area law firms strive to make their rosters match the face of America
(DBN Subscription Required)

________________

Corporate Reform:

Poll Finds One-Third of American Investors Would Trade on an Illegal Tip
(DBN Subscription Required)

Shredder sales soar in U.S.
(DBN Subscription Required)

Global Crossing executives settle suits for $325 million, Simpson Thacher chips in
(DBN Subscription Required)

Global Crossing Settlement Helps Some Pensions
(DBN Subscription Required)

Mutual fund firms adding disclaimers
(DBN Subscription Required)

US executive bonuses set to match boom levels
(DBN Subscription Required)

As Its Ex-Bosses Await Their Fate, Tyco Continues Comeback
(NYT: separate free registration required)

Shareholder power reaches new heights
(DBN Subscription Required)

Brokerage house agony now comes in smaller aches and pains
(DBN Subscription Required)

Tyco trial jury will try again Monday
(DBN Subscription Required)

SEC Gets Tough on Hindering Investigations
(DBN Subscription Required)

Revolving doors and bad news in the boardroom
(DBN Subscription Required)

Funds scandal still reverberating
(DBN Subscription Required)

______________

Accounting:

Thousands of IRS returns to go to India for processing
(DBN Subscription Required)

Accountants prepare for the adoption of uniform international accounting standards
(DBN Subscription Required)

Small Firms Committee Presses For Accounting Exemption
(DBN Subscription Required)

FASB braces for fight
(DBN Subscription Required)

IRS Opting Not to Go After Many Scofflaws
(DBN Subscription Required)

Tax preparers facing much scrutiny
(DBN Subscription Required)

NC Subpoenas Deloitte in Unemployment Tax Investigation

IRS unveils annual 'Dirty Dozen' list of top tax schemes
(DBN Subscription Required)

___________________

Far more schools in fiscal peril
(DBN Subscription Required)

Rough seas for scroll backers
(DBN Subscription Required)

Aurora Emerges From Bankruptcy, Completes Pinnacle Deal
(DBN Subscription Required)

Kmart gains on Sears merger rumor
(DBN Subscription Required)

Balance due in age of easy credit
(DBN Subscription Required)

Implant sufferers to finally see cash
(DBN Subscription Required)

Rica Foods, Inc. Announces Debt Restructuring
(DBN Subscription Required)

Aurora Foods exits Chapter 11, renamed Pinnacle
(DBN Subscription Required)

Little Jefferson moving forward toward bankruptcy
(DBN Subscription Required)

American pulls out of economic nosedive, but storm clouds remain
(DBN Subscription Required)

 

Airlines:

United says focused on government for loan
(DBN Subscription Required)

Fewer US Airways flights will cost businesses time, money
(DBN Subscription Required)

US Airways Wins Loosened Loan Covenants
(DBN Subscription Required)

Hawaiian: A turbulent year
(DBN Subscription Required)

U.S. Subpoenas Airlines' Loan-Guarantee Documents
(DBN Subscription Required)

US Airways, Without New Plan, Is Dead Man Walking
(DBN Subscription Required)

Treasury eyes airline loan dealings
(DBN Subscription Required)

An SEC panel also says it is weighing the recommendation of securities law violations against former Hawaiian CEO Adams
(DBN Subscription Required)

Pension poker at Air Canada
(DBN Subscription Required)

Air Canada Provides Update On Restructuring
(DBN Subscription Required)

The Plane Truth About Airline Woes
(DBN Subscription Required)

___________________

Steel:

Non-salaried Stelco workers granted voice
(DBN Subscription Required)

Government should reconsider Geneva Steel sale
(DBN Subscription Required)

Georgetown Steel may delay mill auction
(DBN Subscription Required)

Havens Steel averts walk-off
(DBN Subscription Required)

Kan. Steel Plant Likely to Reopen after Bankruptcy Filing
(DBN Subscription Required)

______________

Enron:

Saving Skilling from Skid Row
(DBN Subscription Required)

Nevada Power Again Seeks to Overturn Judgment
(DBN Subscription Required)

Traders talk of 'cha-ching'
(DBN Subscription Required)

Specialists clean up the mess after bodies are taken away
(DBN Subscription Required)

_______________

Energy:

NWC asks for extension to sell plan
(DBN Subscription Required)

Council to discuss bid on NWC assets
(DBN Subscription Required)

________________

Telecoms:

ITC^DeltaCom issuing $300 million of debt
(DBN Subscription Required)

WorldCom Is Told It Must Withhold Pay to KPMG
(DBN Subscription Required)

_______________

Lending practices in mobile home industry questioned
(DBN Subscription Required)

Ex-Global Crossing Officers Settle Suit
(DBN Subscription Required)

Credit-card debt rising for many retirees
(DBN Subscription Required)

Manufactured-home industry on the skids
(DBN Subscription Required)

Accounts differ on why Broadway Cinemas failed; owners, bank point fingers
(DBN Subscription Required)

Crisis management
(DBN Subscription Required)

Former Carolina Investors chairman auctions off property
(DBN Subscription Required)

Bogus lawyer convicted of bankruptcy fraud
(DBN Subscription Required)

Wells Fargo, PG&E Unit Led Borrowers of $24 Billion Last Week
(DBN Subscription Required)

Creditor want funds for Home Cable in escrow
(DBN Subscription Required)

Safety-Kleen finds success after nightmare bankruptcy
(DBN Subscription Required)

Debt Collections Industry Catches a Rebound
(DBN Subscription Required)

Judge rejects anti-Harriet & Henderson motions
(DBN Subscription Required)

More loses in store for Agway employees
(DBN Subscription Required)

Agway plan leaves laid-off workers with no insurance
(DBN Subscription Required)

American Plumbing & Mechanical, Inc. Finalized the Sale of AMPAM Atlas Plumbing, LLC
(DBN Subscription Required)

Oregon firm is accused of running Ponzi scheme
(DBN Subscription Required)

Claim says hundreds defrauded of millions
(DBN Subscription Required)

Riversharks team gets more time for finances
(DBN Subscription Required)

Footstar, Nike suspend debt fight
(DBN Subscription Required)

Footstar: Nike's demand out of line
(DBN Subscription Required)

Firm uses questionable tactics to collect bad checks
(DBN Subscription Required)

Isle of Capri details casino financing
(DBN Subscription Required)

Gaming Board member criticizes governor's call for investigation
(DBN Subscription Required)

Argosy says casino bids too high
(DBN Subscription Required)

Jacobson's to reopen this fall
(DBN Subscription Required)

Allied Technology Group: Building a new future
(DBN Subscription Required)

Adidas America executive sentenced in Just For Feet case
(DBN Subscription Required)

Debt protection plans are all the rage
(DBN Subscription Required)

Optimistic RCN rolls up its sleeves
(DBN Subscription Required)

$100,000 approved for OneStar investigation
(DBN Subscription Required)

HealthSouth insurers get day in court
(DBN Subscription Required)

Hedge fund GMM put in bankruptcy
(DBN Subscription Required)

Media 100 files for bankruptcy
(DBN Subscription Required)

 

New Bankruptcy Opinions
(No new opinions today) 

Bankruptcy Court Web/Pacer Site Directory (Updated)

Recent Ch. 11 Filings
(
New - DBN Subscription Required)

Weird News
(DBN Subscription Required)

Anatomy of a Turnaround or How to Save Your Law Firm
(DBN Subscription Required)

Troubled Thaxton Group to Focus on Small Consumer Loans
(DBN Subscription Required)

Former Executive of Aventura, Fla., Investment Firm Gets Last-Minute Reprieve
(DBN Subscription Required)

Mirage sold in bankruptcy auction, likely bound for Texas
(DBN Subscription Required)

California Ponzi scheme snared pastor, others
(DBN Subscription Required)

Geo Specialty Chem in Ch. 11
(The Deal: separate paid registration required)

Foreign trade deprives textile towns of hope
(DBN Subscription Required)

Greenspan Supports Record Homeowner Debts as Prices Rise and Savings Fall
(DBN Subscription Required)

Polaroid pays $3.2M settlement
(DBN Subscription Required)

Gambling loss not constructively fraudulent transfer

How to stand up to bill collectors
(DBN Subscription Required)

Couples must solve debt woes together
(DBN Subscription Required)

156 schools to be placed on 'financial watch' list
(DBN Subscription Required)

Women First firing entire sales staff, 7 others
(DBN Subscription Required)

Rome Corp. assets may go up for bid
(DBN Subscription Required)

UK:

Bankrupts face pensions payback
(DBN Subscription Required)

Farmer's Diary
(DBN Subscription Required)

UK set for key role in global company rescues
(DBN Subscription Required)

Free to defraud
(DBN Subscription Required)

Bank of India set to appeal against UK court ruling
(DBN Subscription Required)

Ex-Leeds directors face probe
(DBN Subscription Required)

Additional Leeds Stories

For a few dollars more
(DBN Subscription Required)

Last-minute bid may help PPL avert bankruptcy
(DBN Subscription Required)

BCCI creditors win 45m in India damages
(DBN Subscription Required)

Equitable campaigners set for funding battle
(DBN Subscription Required)

UK Lawmakers Grill Financial Secretary over Equitable Life Report
(DBN Subscription Required)

_______________

Argentina:

Argentina's Paper-Money Mire
(DBN Subscription Required)

Argentina GDP-linked debt won't include 2003 growth
(DBN Subscription Required)

_______________

Italy:

Parmalat Prosecutors Accuse Auditors
(DBN Subscription Required)

Plot thickens in Rome 'graves for favors' scandal
(DBN Subscription Required)

Parmalat case reaches critical phase
(DBN Subscription Required)

Parmalat: Creditors Can Present Claims To Court
(DBN Subscription Required)

Parmalat Hungary Asks For Immediate Liquidation
(DBN Subscription Required)

Italian judges to decide on Parmalat case this week
(DBN Subscription Required)

______________

Russia:

Securitization of Assets in Russia: A New Legal Framework
(DBN Subscription Required)

_________________

Canada:

Domans at odds over future of firm
(DBN Subscription Required)

A fresh start: Bankruptcy is no dead end
(DBN Subscription Required)

Waterfront needs help desperately
(DBN Subscription Required)

Lawyers take on Jitec probe
(DBN Subscription Required)

Disagreement over Hollinger crisis loan
(DBN Subscription Required)

_____________

Japan:

'Trillion yen man' wants his money back
(DBN Subscription Required)

LDP lawmaker bankrupt after debt-guarantee fiasco
(DBN Subscription Required)

AG Ajikawa Files for Bankruptcy With 16.4 Bln Yen Liabilities
(DBN Subscription Required)

__________________

Ireland:

Firm publishes online credit stop list
(DBN Subscription Required)

_______________

Korea:

South Korean 2003 Bank Earnings Fall 63% on Bad Debts
(DBN Subscription Required)

Throwing Good Money After Bad
(DBN Subscription Required)

_________________

China:

Companies sue Bank of China
(DBN Subscription Required)

__________________

Singapore:

Getting the bankrupt back on their feet
(DBN Subscription Required)

This 'bankruptcy grad' made $4.6m last year
(DBN Subscription Required)

__________________

Please note that the Daily Bankruptcy News is primarily a news link gathering service.   This means that most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not the Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. 

The DBN subscription fee for access to certain links is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use.

If you received the Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here, or by going to BKINFORMATION.COM and clicking on the Bankruptcy News button.  Note that the Daily Bankruptcy News is distributed via "HTML email" in which the links to the news stories are embedded in the headlines.  The email you receive should look like a 3-column newspaper, with headlines for each story. If you receive the Daily Bankruptcy News by email and the copy you receive is not formatted like a 3-column newspaper, or does not seem to contain links to the news stories, you may have an email client that is not capable of receiving HTML email, or is not configured to display such email.  You can however, receive a daily email notifying you when the Daily Bankruptcy News is updated on the web site. If you would like to receive such an email, please let us know at admin@bkinformation.com.

You can search the headlines from prior editions of the Daily Bankruptcy News by clicking here.

Advertising
Advertising is available in the Daily Bankruptcy News in a variety of places, formats and prices. Go to http://bkinformation.com/DBN_ADs.htm  for a list of choices.  Feel free to contact us with any questions.

Passwords
Access to certain links in the Daily Bankruptcy News is available only to readers holding a paid subscription
.  These links are currently marked with a "DBN Subscription Required" notation. The cost of a subscription is $45/year, payable annually.  Volume discounts are available for sites with multiple users.  Complimentary subscriptions are available for full-time  educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us at admin@bkinformation.com. A separate password is required for each member of a firm wishing access to restricted links. New readers can receive a free password good for 30 days by going to http://bkinformation.com/RegistrationForm.cfm. Readers who wish to change their passwords should go to http://bkinformation.com/ChangePasswordForm.cfm. Readers who have forgotten their password should go to http://bkinformation.com/GetPassword.cfm

Adding Your Email Address To The Distribution List
If you would like to start receiving the Daily Bankruptcy News by email each day, go to http://bkinformation.com/SubscribeDBNForm.cfm  and fill in the information requested.  There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us at admin@bkinformation.com for help.  

Removing Your Email Address From The Distribution List
If you already receive Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear.  Note that the email must be sent from the same email address at which you are receiving the Daily Bankruptcy News. You do not need to type anything in the body of the email message.   If you do not receive an email confirming deletion of your email address from the distribution list  for the publication, contact us at admin@bkinformation.com for help.

Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C.  You can reach us at 281-242-6208 or at admin@bkinformation.com