November 1 , 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) 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
Search prior New Opinions at: http://bkinformation.com/NewOpinions_Search.html
         

IRS Backing Off Making Deals
(DBN Subscription Required)

Airlines:

Delta pilots to vote on proposed pay cut agreement
(DBN Subscription Required)

Delta Bonds Fly Like The Wind But There's No Parachute
(DBN Subscription Required)

Pilots' pact may benefit Comair
(DBN Subscription Required)

Bargaining represented intense days for Delta, pilots
(DBN Subscription Required)

In Atlanta, Relief That the Hometown Airline Remains Aloft
(NYT: separate free registration required)

GE helps Delta get footing
(DBN Subscription Required)

How Delta's cash cushion pushed it off course
(DBN Subscription Required)

Delta pilots to vote on pay cut agreement
(DBN Subscription Required)

Stigma of Ch. 11 real, but bearable
(DBN Subscription Required)

Pension Plan at United in Jeopardy, Officer Says
(NYT: separate free registration required)

Delta has additional work to do
(DBN Subscription Required)

For ATA, it all boils down to cash
(DBN Subscription Required)

Will bill to protect airline passengers get an extension?
(DBN Subscription Required)

AirTran clears jobs hurdle
(DBN Subscription Required)

ATA execs to get bonus if they stay
(DBN Subscription Required)

ATA Gets Court OK On Interim Cash Use In Ch 11
(WSJ: separate paid subscription required)

ATA Ch. 11 filing boosts city bankruptcy bar
(DBN Subscription Required)

6,000 airline agents threaten strike
(DBN Subscription Required)

Low-Cost Carriers Shape Fares, Service
(DBN Subscription Required)

Latin America's airlines feel pinch
(DBN Subscription Required)

Delta manages to hang on
(DBN Subscription Required)

Up in the air
(DBN Subscription Required)

Independence cuts fares as cash crunch is looming
(DBN Subscription Required)

Bankrupt United targets upscale fliers
(DBN Subscription Required)

UAL may default on DIP loan
(The Deal: separate paid registration required)

Bankruptcy, Overcapacity and the U.S. Airline Industry
(DBN Subscription Required)

Ottawa Says Time to Stop Protecting Air Canada
(DBN Subscription Required)

Delta Furlough Limits Career Of Young Pilot
(WSJ: separate paid subscription required)

Survival of Fittest and Leanest Becomes Strategy for the Airlines
(NYT: separate free registration required)

Beleaguered US airlines nearing day of reckoning An obsolete business model, costs and competition compound the industry's ills
(DBN Subscription Required)

_________________

Steel:

A once-ailing heavy industry is now in heavy demand. The next step? Global consolidation
(DBN Subscription Required)

DaimlerChrysler extends deadline for Stelco labor-peace assurances
(DBN Subscription Required)

Post says profitable Stelco struggles with insolvency
(DBN Subscription Required)

_______________

Corporate Reform:

Frightful corporate episodes in reform
(DBN Subscription Required)

The Enron of the Midwest -- This Kansan Made Good, Maybe Too Good, Some Say
(NYT: separate free registration required)

Spitzer Goes Hunting for His Next Trophy
(NYT: separate free registration required)

Spitzer Has Two-Pronged Legal Tool for Prodding Insurance Broker to a Settlement
(DBN Subscription Required)

Several Insurers Are Named in Lawsuit
(DBN Subscription Required)

Marsh and Aon have channeled substantial business in recent years to Bermuda insurers they helped start and partly own
(WSJ: separate paid subscription required)

Frankel's Co-Defendant Gets Two Years
(DBN Subscription Required)

DaimlerChrysler Hit with Whistleblower Suit, SEC Investigation

More Corporate Crime, or Just Prosecutions?
(NYT: separate free registration required)

SEC Chief Discusses Pension Fund Probe
(DBN Subscription Required)

________________

Debt can be conquered
(DBN Subscription Required)

Bankruptcy trustee's lawsuit alleges fraud scheme in apparel firm's collapse
(DBN Subscription Required)

Florida Supreme Court to Review Tobacco Ruling
(DBN Subscription Required)

Recent Going-Concern Statements
(DBN Subscription Required)

Late '90s graduates have taken economy on the chin
(DBN Subscription Required)

Sale of water company delayed after owner files bankruptcy
(DBN Subscription Required)

Financier faces ire of former investors U.S. prosecutors eye alleged fraud
(DBN Subscription Required)

Speculation builds over Sears asset sale
(DBN Subscription Required)

Easy loans put home values at risk
(DBN Subscription Required)

New papers show links in Cal. legislator Houston's businesses
(DBN Subscription Required)

Nondenominational Church Files for Bankruptcy
(DBN Subscription Required)

ABN sees weaker operating profit due to U.S.
(DBN Subscription Required)

 

Law:

Swidler May Split Its Lawyers Between Dickstein, Orrick
(DBN Subscription Required)

The 2004 Global 100
(DBN Subscription Required)

Heller, Dot-Com Agree to Settle Malpractice Suit
(DBN Subscription Required)

Firm long gone, but Brobeck's suits linger on
(DBN Subscription Required)

Three more law firms aim to drive revenue with CMOs
(DBN Subscription Required)

UK law firms put US in the shade
(DBN Subscription Required)

_______________

Asbestos:

Asbestos lawsuits stir new debate -- Bankruptcies seen as convenient way out for firms
(DBN Subscription Required)

Date set for James Hardie compo fund case
(DBN Subscription Required)

W.R. Grace Says It's Target of Probe
(DBN Subscription Required)

Asbestos scandals taint chiefs
(DBN Subscription Required)

Hardie victim fund warns of wind-up
(DBN Subscription Required)

Hardie body seeks court protection
(DBN Subscription Required)

Whistleblower Claims Misconduct In Halliburton Deals
(DBN Subscription Required)

______________

Accounting:

Ex-Ernst & Young partner takes plea
(DBN Subscription Required)

IRS Highlights Examples of Abusive Return Preparer Investigations

CSI: Financial Services
(DBN Subscription Required)

Internal Auditors, CPAs to See Largest Boost in Pay
(DBN Subscription Required)

IRS Investigating 60 Tax-Exempt Groups
(DBN Subscription Required)

Shell's Auditor Had Outside Support
(WSJ: separate paid subscription required)

Pegasus Commun Says PwC Resigns As Auditor
(WSJ: separate paid subscription required)

_________________

Spokane Diocese seeks settlement in 28 sex abuse cases
(DBN Subscription Required)

Wash. Bishop: Diocese May Face Bankruptcy
(DBN Subscription Required)

Spokane's bishop warns bankruptcy looms
(DBN Subscription Required)

Local lawyer to join diocese case -- A. Bates Butler III to guide plaintiffs in bankruptcy
(DBN Subscription Required)

Legal battle over Tyson fight continues
(DBN Subscription Required)

Carolina Investor's Morris set for trial
(DBN Subscription Required)

Forget about your IRA as a home-loan vehicle
(DBN Subscription Required)

Are your finances better off now than in 2000? Let's see
(DBN Subscription Required)

Bankruptcy Court OKs Galey & Lord Sale
(DBN Subscription Required)

This Court's Out Of Order -- Breaking the bank on the construction of a Brooklyn courthouse
(DBN Subscription Required)

Ex-U.S. Bankruptcy Court judge dies
(DBN Subscription Required)

Bankruptcy crackdown names four
(DBN Subscription Required)

Too Much Credit Like Too Much Candy
(DBN Subscription Required)

Trump Hotels names new president
(DBN Subscription Required)

National Energy & Gas Transmission Emerges From Bankruptcy
(DBN Subscription Required)

A bankruptcy's effect on your credit depends on the Chapter
(DBN Subscription Required)

Baton Rouge port seeks to minimize loss from company's bankruptcy
(DBN Subscription Required)

Gambling's toll on one family: bankruptcy, suicide and prison
(DBN Subscription Required)

Travel agents are still struggling
(DBN Subscription Required)

Experian Study Finds Delinquent Payments Could be Holiday Season Lump of Coal for U.S. Consumers` Credit Scores
(DBN Subscription Required)

Paul Allen's resume keeps growing and regrowing
(DBN Subscription Required)

Funeral home buyouts dying out
(DBN Subscription Required)

Austin economy poised for major rebound
(DBN Subscription Required)

Plenty of assets can be protected from suits
(DBN Subscription Required)

5 personal finance resources for people filing bankruptcy
(DBN Subscription Required)

Two subcontractors sue Baltimore Contractors, alleging nonpayment
(DBN Subscription Required)

Check 21 Could Result in Increased Non-Sufficient Funds Activity
(DBN Subscription Required)

NHL players are restless
(DBN Subscription Required)

Analysts Say Bankruptcy No Option for San Diego
(DBN Subscription Required)

 

New Bankruptcy Opinions
(3 new opinions today) 

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings
(DBN Subscription Required)

Weird News
(DBN Subscription Required)

Enron:

UC settles one Enron suit
(DBN Subscription Required)

Jury deliberates in Enron, Merrill power-barge trial
(DBN Subscription Required)

Enron barge case may get a second phase
(DBN Subscription Required)

Barge jury ready to view Enron evidence
(DBN Subscription Required)

Lehman Hit By $222.5m Enron Fine
(DBN Subscription Required)

_________________

UK:

Lenders on borrowed time
(DBN Subscription Required)

Bankrupt ex-MP recoups losses
(DBN Subscription Required)

Act should help unwary avoid traps
(DBN Subscription Required)

Lloyd's Names face financial ruin after High Court defeat (
(DBN Subscription Required)

Will debt case end rip-off loans?
(DBN Subscription Required)

Football club bank account frozen
(DBN Subscription Required)

Criminal fraud cases on the rise
(DBN Subscription Required)

Insolvency specialist to help Wrexham FC
(DBN Subscription Required)

Current Distressed Companies Update
(DBN Subscription Required)

Serious Fraud office examines role of British lawyers in Halliburton funds movements
(DBN Subscription Required)

________________

Canada:

Directors of a bankrupt Quebec-based retail chain did not owe their allegiance to the company's creditors while it was "in the nebulous vicinity of insolvency
(DBN Subscription Required)

Company directors not liable to creditors for good-faith moves: Supreme Court
(DBN Subscription Required)

Firm finds friends in those that banks avoid
(DBN Subscription Required)

_______________

Israel:

Tevel trustee delays payments to creditors
(DBN Subscription Required)

______________

China:

Lending rules may benefit private firms in China
(DBN Subscription Required)

Employees Given Priority After Bankruptcy
(DBN Subscription Required)

China raises interest rates for first time in a decade
(DBN Subscription Required)

_________________

New Zealand:

Debt tutors pile up $100,000 in bills
(DBN Subscription Required)

______________

Japan:

Jobless ranks edge down to 3.09 million
(DBN Subscription Required)

_____________

France:

Eurotunnel could run out of cash
(DBN Subscription Required)

Deal lets Euro Disney avoid bankruptcy
(DBN Subscription Required)

_________________

Italy:

Parmalat bankers counter-attack
(DBN Subscription Required)

Parmalat's Bondi files suit against Bank of America employees
(DBN Subscription Required)

Citigroup Says Parmalat's Woes Weren't Obvious
(WSJ: separate paid subscription required)

Parmalat gives prosecutors new evidence vs banks
(DBN Subscription Required)

Citigroup Files Detailed Response to Parmalat Claims Rejection; Filing Includes Explanation of Transactions, Refutes Allegations of Wrongdoing
(DBN Subscription Required)

Grant Thorton Asks For Lifting Of Injunction Against US Suits Against Parmalat
(DBN Subscription Required)

Citigroup Refutes Parmalat Allegations, Says It's a `Victim'
(DBN Subscription Required)

_____________

Russia:

Putin holds key to fate of Yukos
(DBN Subscription Required)

Bankruptcy is best for YUKOS, analysts say
(DBN Subscription Required)

Yukos bankruptcy decided?
(DBN Subscription Required)

China Natl Petroleum Reportedly Mulls Law Suit Vs Yukos
(DBN Subscription Required)

Yukos CFO Denies Co Has Paid Off $3.4B Tax Debt For 2000
(DBN Subscription Required)

JP Morgan Values Yukos Unit $16 Billion-$22 Billion
(DBN Subscription Required)

_______________

Germany:

Senator out of bankruptcy
(DBN Subscription Required)

_________________

Switzerland:

Swiss sink deeper into debt
(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 by clicking here. 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 by clicking here 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 by clicking here 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 accounting@bkinformation.com