November 12 , 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
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Catholic Dioceses:

Diocesan bankruptcy means outsiders control its fate
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Catholics seek way to protect parishes' assets
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Problems in Spokane Diocese raise questions about succession among American bishops
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Bankruptcy plan divides diocese
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Tucson Diocese's ads seek abuse victims
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Steel:

Why Stelco is no bargain ... yet
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Stelco chief tight-lipped about offers
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Steelworkers to Stelco: no one gets through the door without union blessing
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Asbestos:

U.S. insurers mulling asbestos reform approach
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Congoleum Corporation Reports 2004 Third Quarter Results
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O-I stock back over $20 again -- Asbestos burden may ease
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Federal-Mogul signs agreement to sell transmission operation
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Claimant's fear in pleural plaque asbestos case
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Hardie picket to stay until compensation paid
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Australian Unions Take James Hardie Fight To US, Europe
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Oglebay can stay mum on asbestos settlement
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Enron:

Sentencing fraudsters
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Worries arise about fate of Arafat financial empire
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Kmart shares close above $100
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Spiegel says offers to purchase Eddie Bauer chain are too low
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Firms Said to Explore a Giant Offer for Adelphia
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Lee, KKR may bid for Adelphia assets
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Private equity firms stalk bankrupt Adelphia
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Glenshaw Glass may not survive
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Recent Going-Concern Statements
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Tobacco Industry Confident Ahead Of Disgorgement Appeal
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Knowledge gap fuels bankruptcy
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US LEC to Acquire StarNet
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City law director files for bankruptcy
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Heilig-Meyers Seeks To Extend Plan Voting Exclusivity
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How two women helped unravel Ga. lending empire
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Airlines:

Delta pilots slash salaries in exchange for stock
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Delta pilots approve $5 billion in givebacks
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Delta pilots OK $1B pay cut
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Delta's transformation efforts progress as pilots ratify contract to deliver $1 billion
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Dueling airlines cut fares
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Other airlines await US Airways' next move
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Airline union OKs right to strike
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ATA starts court fight for survival
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Shares recover slightly after carrier raises possibility of bankruptcy
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Air Canada Starts Makeover as Bankruptcy Costs May Lead to Loss
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WestJet board committee studies espionage suit
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Carrier marks 75th anniversary; Union plans protest
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Bombardier's Debt Is Lowered To Junk Status by Moody's
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Law:

Courts on the Edge of Financial Crisis
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Lawyer indicted over alleged conduct, suspected of forging signatures of judges, clients
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'End Vitriol Against Lawyers,' Says American Trial Lawyers Political Chief
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Olson Predicts Firestorm for Next Justice
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Which Administration Lawyers Are on Firms' Wish Lists?
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Doctors Advised: An Apology a Day Keeps the Lawyer Away
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Corporate Reform:

Conn. Issues Subpoenas in Insurance-Industry Inquiry
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Hartford Fires 2 Employees For Not Cooperating With Probe
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Willis Seen Attracting More Employees From Marsh, Aon
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US Insurance Probe Widens
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Berkshire Hathaway's sale of the type of insurance products now under scrutiny by regulators is raising concerns among investors
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Sarbanes-Oxley compliance costs average $5m
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More fallout from corporate greed
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Unapologetic Agenda Rules at the SEC
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As Corporate Fines Grow, SEC Debates How Much Good They Do
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Fallen Moguls' Apts. Sold
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HomeGold checks on hold until December
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Carolina Investors: Owen says he didn't keep Morris in dark
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New Bankruptcy Opinions
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Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings
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Weird News
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Health & Nutrition Systems files bankruptcy, inks asset purchase agreement
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Colorado: Woman's sentence irks bilked investors
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Buyer approved for site of failed theme park
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UK:

Yorkshire is bankruptcy blackspot
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Firm stand on legal advice privilege
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Korea:

The Runaway Businessman
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Speculative Foreign Funds Not Welcome at Thrunet
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China:

Suppliers protest over unpaid bills
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Crash landing coming for China
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South Africa:

Judge rules liquidator will stay in travel-scam case
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Man's bid to block 'super liquidator' fails
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Japan:

Daiei may ask founding family to offer up assets
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Israel:

Accountants stop Car & Go owner from leaving Israel
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New Zealand:

Report adds extra $1m to Ridge debts
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India:

Truant firms must pay 50% to fight DRT order
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Russia:

Russian Oil Cos Targeted In Alleged Tax Probe
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Russia TaxMin claims $87 mln back tax from TNK
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Exit Yukos, Enter Conoco?
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Argentina:

Argentina Cablevision Creditor Sold Bonds; Ending Lawsuit
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