Airlines:
MidAmerica
seeks to seize collateral on loan to airline
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US
Airways wants more concessions from unions
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Moody's
says may cut Delta Air Lines ratings
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Low-fare
carriers keep expanding
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Watchdog
wants to protect air customers
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JetGreen.gone
- budget fliers stranded as airline goes bust
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Irish
budget airline goes bust after a week
(DBN Subscription Required)
Some
European Airlines Appear to Be Headed for Bankruptcy in Crowded Market
(DBN Subscription Required)
Pilot
deal Delta's key lifeline
(DBN Subscription Required)
______________
Steel:
Georgetown
Steel bid process approved
(DBN Subscription Required)
Rennart:
WCI Steel too heavy
(DBN Subscription Required)
Havens
Steel gets $80M DIP loan
(The Deal: separate paid registration required)
Steel
rolls again from Cleveland plant
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WCI
Welcomes Competing Proposals
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WCI
Steel, Inc. Proposes to End Exclusivity
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Judge
approves bid process for mill auction
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______________
Enron:
20,000
may split $69 million in Enron settlements
(DBN Subscription Required)
Enron
workers win $86 million settlement in pension suits
(DBN Subscription Required)
Ex-Enron
workers to get $66.5 million in settlements
(DBN Subscription Required)
______________
Energy:
Cities
offer $1.26 billion for utility's Montana assets
(DBN Subscription Required)
5-city
corporation offers $1.3 billion for NorthWestern
(DBN Subscription Required)
Kadas
counters NorthWestern's concerns over bid
(DBN Subscription Required)
______________
Corporate Reform:
Adelphia
Lawyer Disputes 2001 Stock Sale
(DBN Subscription Required)
Defense
at Adelphia Trial Portrays Witness as a Liar
(NYT: separate free registration required)
Former
Tyco Director Quizzed Belnick
(DBN Subscription Required)
Investors
Are Taking Long, Hard Look at Nortel's Board
(NYT: separate free registration required)
Mutual
fund inquiry widens
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Florida
Pension Funds Wary of Merrill Lynch's Dual Role
(DBN Subscription Required)
U.S.
Investigates Fund Laundering On a Large Scale
(WSJ: separate paid subscription required)
Delay
Likely in Scrushy's Fraud Trial
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Ex-Rite
Aid CEO Will Stand by His Pleas
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Harley
directors belly up to the company trough
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Dean
Foods Announces Layoffs
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A
Pfizer unit agreed to plead guilty to criminal wrongdoing and the parent
company will pay about $430 million in fines
(DBN Subscription Required)
_____________
Bankruptcy
lawyer joins national firm
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Sears
selling upbeat future while analysts see challenge
(DBN Subscription Required)
Publisher's
story ends
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Port
Ludlow: Judge throws out bankruptcy filing by parent company
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Montalcino
backer loses bankruptcy bid
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Smoking
class action goes back to court
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Fla.
Supreme Court Agrees to Review Vacated $145 Billion Tobacco Case
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Tobacco
stocks dive as US court mulls $145bn award case
(DBN Subscription Required)
Aspen
Dairy Seeks Bankruptcy
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S&P
cuts Monsanto ratings on Solutia worries
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Bank
of America CEO comfortable with '04 view
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Focus
Factor seeks for protection from creditors
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Icahn
swoops on Westpoint Stevens
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Stock
Tumble Puzzles Nursing-Home Operator Sun Healthcare
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Asbestos:
Asbestos-suit
issue still dogs USG
(DBN Subscription Required)
Halliburton
seen selling KBR units after bankruptcy
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Hearings
Close on Halliburton Sub's Bankruptcy Plan; Settlements With Insurers
Expected
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Federal-Mogul
gets disclosure OK
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Court
upholds secondhand-asbestos award
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______________
Law:
Davis
Polk sees rare defection
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Milbank
raids Freshfields for Munich launch
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When
it comes to Web sites, some law firms flail, while others soar
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Partner
Defends $3,000 Hourly Billing Rate
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As
competition in the upper tiers of the legal profession has intensified,
firms have become increasingly predatory in poaching clients
(DBN Subscription Required)
'Silicon
Alley' Lawyer Jumps To Wall Street Firm Weil
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Kirkpatrick
hires CC counsel from DC
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Barclays
helps to launch law firm e-billing scheme
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The
Case Of Deacons v White & Case & Others
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Keeping
pace with security software is critical to ensuring that a firm stays
ahead of the game
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Pit
bull approach undermines the higher aspirations of law practice
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Data
Suggest Firms Still Need to Provide Work/Life Balance
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Securities
Class Action Settlements: Figures Change, Players Remain the Same
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Behavioral
Interviewing: Tips to Help You Spot & Hire First-Rate Lawyers
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Ruling
Delayed on Microsoft Attorney Fees
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Is
Your Law Firm Prepared for the Emergent Worker?
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Are
1st Years Fashionable Again? Latest Findings on Law Firm OCIs and More
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_____________
Former
CEO of bankrupt One Price Clothing Stores Inc., did not work the full
fiscal year but was paid more than many who did
(DBN Subscription Required)
MCI
exec's 7-month job nets $8.1 million buyout
(DBN Subscription Required)
Adelphia:
Adelphia's
balancing act
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Complicated
sale involves an auction
(DBN Subscription Required)
Sell
Adelphia? Maybe Not
(DBN Subscription Required)
Adelphia
Commun Completes Deal For $1B DIP Loan
(WSJ: separate paid subscription required)
_____________
Billionaire
buys chunk of Global Crossing
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Uninsured
get healthy dose of irony
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Kmart
execs face arbitrator
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Judge
allows suit against former Kmart execs to be decided by arbitration
(DBN Subscription Required)
CashPoint:
In
wake of CashPoint, consumers warned on paying bills through N.Y. outfit
(DBN Subscription Required)
Utilities
to lose out after company fails
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______________
Bankruptcy
Plan of Riverside, Calif.-Based Data Center Company Swiftcomm Confirmed
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Wynn's
remains closed; future still in limbo
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Towns
seek new life for former Kmart stores
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Carolina
Investors losers seek accountability
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Telecom
firm's loss widens
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Town
Makes Plans to Avoid Liability for Bankrupt Paper Mill Hazards
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Financing
Decisions Loom for Owner of Maine's Bankrupt Eastern Paper Mills
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Symphony
Healthcare files for Chapter 11 bankruptcy
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New
Chief Executive Raises Troubled Tyco from the Grave
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Financo
takes look at 'sick' textile industry
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BEVsystems
International, Inc. Granted Motion to Convert Case to Chapter 11
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Bartmanns'
Stables Sold In Bankruptcy Auction
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DT
Industries Announces Bankruptcy Filing and Agreement Reached for the
Sale of Significant Assets
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New
Bankruptcy Opinions
(2 new opinions today) Bankruptcy
Court Web/Pacer Site Directory
Recent
Ch. 11 Filings
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Weird
News
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Eyes
turn to executive pay at troubled Boston twin towers
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Conseco
makes call to redeem class A preferred shares
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Corporate
Bond Issuance at 18-Month Low
(DBN Subscription Required)
Wife:
Tony Erpenbeck tried to keep me in dark
(DBN Subscription Required)
Financial
troubles for boxer Tarver
(DBN Subscription Required)
Citigroup's
WorldCom Settlement is Second Biggest in a Securities Class Action
(DBN Subscription Required)
Governor,
attorney general move against casino plans
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Bankers
agree on new global capital rules
(DBN Subscription Required)
UK:
After
the claims bubble burst -- Questions remain about the demise of Claims
Direct
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An
Equitable dilemma
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Ex-Restaurant
Owner Throws Creditors Party
(DBN Subscription Required)
'Insolvency-rate
dip not the true picture'
(DBN Subscription Required)
_______________
Canada:
Higher
interest rates mean more consumer bankruptcies: CIBC
(DBN Subscription Required)
Expect
more bankruptcies
(DBN Subscription Required)
Doman
says Q1 operating result was near break-even; net loss $44.3 million
(DBN Subscription Required)
____________
Italy:
Parmalat
rescue plan under scrutiny
(DBN Subscription Required)
Fawu
to meet Parmalat for clarity on restructuring plans
(DBN Subscription Required)
_____________
France:
France's
overdue bankruptcy reform
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Paris
stands firm over Alstom bail-out plan
(DBN Subscription Required)
____________
Russia:
Temporary
administration introduced in Sodbusinessbank
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Deputy
head of Russia's federal service for financial recovery dismissed
(DBN Subscription Required)
________________
Japan:
Mitsubishi
Motors Seeks 450 Bln Yen; Phoenix Capital May Help
(DBN Subscription Required)
US
firm poised to invest in Mitsubishi: report
(DBN Subscription Required)
_____________
Korea:
Korea
Become Battlefield for Global Banks
(DBN Subscription Required)
LG
Card to Conclude MOU with Creditors on Management Normalization
(DBN Subscription Required)
KAMCO
Spurs Corporate Restructuring
(DBN Subscription Required)
IMF:
Korea Must Tackle Credit Card, Household Debt Problems
(DBN Subscription Required)
_______________
Niger:
Paris
Club cancels Niger's debt
(DBN Subscription Required)
_______________
South Africa:
Paying
the maximum dividend for an estate
(DBN Subscription Required)
______________
Argentina:
Argentina
Cablevision To File Debt Offer In Court May 14
(DBN Subscription Required)
Argentina's
Multicanal Plans IPO Post-Debt Restructuring
(DBN Subscription Required)
________________
Nauru:
Australia
to send finance experts, police to help near-bankrupt Nauru
(DBN Subscription Required)
______________
Mexico:
Court
rules in Alestra's favor on bankruptcy proceedings
(DBN Subscription Required)
___________________
Indonesia:
Pru
fights Jakarta bankruptcy ruling
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Jakarta
threat to Men from the Pru hits home
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__________________
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