November 19 , 2004 

Daily Bankruptcy News

Brought to you by BKINFORMATION.COM - The Source for Business Bankruptcy Information on the Internet 

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Airlines:

UAL Files Report On Status Of Bankruptcy Reorganization
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Judge Orders United to Pay Interest on Bonds
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US Airways pay cuts are kept in place
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AirTran rivals say they'll bid on ATA
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Continental Air: Needs $500M In Payroll Cuts For Profit
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AMR plans to cut more positions
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Airline investor circles back -- Will Independence Air gamble pay off?
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Pilots' talks may signal America West-ATA merger
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Delta's offer falls short
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Airline Workers: Up in the Air and Losing Ground
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Steel:

Stelco at risk of losing biggest client, mulls changes to bidding process
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Stelco to open up bidding?
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Carolina Investors: Morris to learn sentence
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Checks in the mail for Carolina Investors customers
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Carolina Investors building in Pickens to be auctioned
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Jury finds Earl Morris guilty
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Pension pressures
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Kmart:

Kmart may lose its identity
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Sears' desire for stand-alone stores may have inspired deal
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Sears may seek new leases on life
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Behind the scenes, it's a different Kmart than what is in public eye
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Hurdles loom for Kmart, Sears
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Executives move quickly to address staff fears
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Mall Rats Desert the Ship -- The merger with Kmart gives Sears what every large retailer in the mall seems to want: a way out
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Debt can be a very stubborn thing
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Interstate stockholders to get say
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Days of spiking home prices may have hit ceiling
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Clothier to sell poorly fitting unit
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IRS Reports FY04 Enforcement Collections $43.1 Billion; Up 15%
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Inergy to buy Star Gas Propane for $475 million
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Law:

Women attorneys and attorneys of color continue to be under-represented among partnership ranks
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Although most large law firms make part-time schedules available to their experienced attorneys, very few attorneys have taken advantage of this option
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The Changing Balance Between Internally and Externally Sourced Legal Work

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Enron:

Enron's stock, once $90, now gone
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Enron E-mail Study Shows Liability Nightmare
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Accounting:

El Paso retains auditor despite opposition
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IRS planning more audits in 2005
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Non-audit fees being squeezed
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Corporate Reform:

Rating Agencies Get a Credit Check
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Lawmakers Diluting SEC Revisit Of Fund Chairman Rule
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AIG's Greenberg: Insurance Indus Needs More Transparency
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5 'inside' directors quit Marsh board
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California sues 4 big insurers in kickback investigation
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MBIA Gets Subpoenas From SEC, NY Atty Genl Office
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Allianz probed in US insurance broker scandal
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Marsh, Aon Trail on Board Independence Amid Spitzer's Probes
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Auto parts suppliers watch profits shrink
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'Most wanted' deadbeats on Web
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Recent Going-Concern Statements
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Stadium Needs Push Debt in U.S. College Athletics to $1 Billion
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U.S. economy could be headed for slower growth as leading indicators fall
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Mayor's Jewelers, Inc. Provides Restatement Update and Receives Notification of Non-Compliance From the American Stock Exchange
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Pioneering tax fraud had an exclusive clientele
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Large Burger King franchisee files for bankruptcy
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Choice One officially out of bankruptcy
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Judge OKs sale of USGen plants
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Bill would protect coal miner health benefits in bankruptcy
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New Bankruptcy Opinions
(1 new opinion today) 

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings
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Weird News
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Leader of Leap Wireless optimistic despite post-bankruptcy losses
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Bankruptcy won't derail Lionel trains
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Setting Up Credit-Report Central
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UK:

Mytravel Seeks Court Ruling to Keep Going
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'80% of final pay schemes at risk'
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Kevin Maxwell companies ordered into liquidation
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Waterford Wedgwood revival founders
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Power plant shutdowns hit British Energy rescue
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Russia:

Russia's stake in Yukos main production unit to be auctioned off next month
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Russia Advances Plans to Break Up Yukos
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Pressure mounts on Yukos as executive held
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Council Of Europe Slams Russia On Yukos Exec Prosecutions
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Yukos lawyer faces arrest warrant
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Yukos's Main Unit Offered by Russia for $8.6 Billion
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India:

India allows banks to take control of borrowers that default
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Italy:

Parmalat Compared to Enron by S&P Three Months Before Collapse
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New Zealand:

Bitter news for creditors of failed forestry company
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Canada:

New Skeena receiver set to call in liquidators
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Resist the urge to splurge says bankruptcy trustee
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Potential buyer of Nackawic mill gets extension
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Singapore:

Singapore's new bankruptcies at 6-mth high in Oct
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