November 23 , 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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Trump:

He's not fired, just in Chap. 11
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Trump filing relatively drama-free
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Debt pile forces Trump Hotels to file for bankruptcy
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Trump Touts Bankruptcy As Success
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$1.8B in debt, but Donald's 'terrific'
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Union won't soften demands on Trump Casino --Workers stay strong after company's bankruptcy
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Trump Hotels Gets Interim Crt OK On $100M DIP Loan
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Corporate Reform:

A wave of complaint from within -- Shielded by the Sarbanes- Oxley Act, employees are challenging corporate America
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Ex-Adelphia CFO Doesn't Think He Acted Illegally
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Banned for life by NASD
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Regulators say Quattrone wouldn't help out their investigation
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FAO Schwarz back in play
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It's a whole new game in Toyland
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Toys 'R' Us cuts prices to battle discounters
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Corporate defaulters
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Retirees say casinos have enriched their lives
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Ruggles reaches deal with Sysco, avoids bankruptcy court battle
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His Lucky Pennies
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At least one-third of all lottery winners go bust and file for bankruptcy
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AG sues to stop apparent Norvergence telecom scam - Files suit to enable customers to break their lease contracts
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Ohio Workers Strike At Bankrupt Aluminum Maker Ormet
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Ormet to proceed in bankruptcy court despite strike
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Fortress wins bid for 11 National Benevolent senior facilities
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Ex-bankruptcy court clerk sentenced
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Collection agency could take old account to court
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Far Less Privacy Legislation in 2004 Than 2003
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Investors ask bankruptcy court to order Mirant to hold meeting to oust board
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Airlines:

Volare board declares insolvency
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EasyJet warns of closures as Volare fails
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Hundreds of workers demonstrate against Volare shutdown
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Delta Air cut to "neutral" from "add"
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American Airlines defers Boeing deliveries
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Frequent-Flier Miles Can Vanish Into the Air
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Law:

Commitment to diversity bags Reed Smith top Sara Lee place
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Shell fills up on international law firms
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DA Sentenced to 18 Months for Lying About Sex With Informant
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Class Action Bill Chances Dim As US Congress Nears End
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Floating charges
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Wilmer Cutler Pickering Hale and Dorr Opens Office in Beijing
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Life at Lovells
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Lovells faces crash in profits
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DLA, BLP predict 500K Pounds Per Partner
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Firm ditches junior partner role in global harmonization plan
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BP demands transparency from outside counsel
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Clifford Chance loses rainmaker as partner is picked for FSA chairman role
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Accounting:

Shell's books to undergo major overhaul
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Shelter Fallout
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Asbestos:

Unions back global Hardie ban
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Money woes plague legacy of Rosa Parks
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300 out of work at glass factory
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Recent Going-Concern Statements
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Economic `Armageddon' predicted
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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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Global guidelines seek to ease trauma of default
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Mississippi AG threatens charges in MCI tax flap
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BMA, Loan Group Want Bankrupt Companies' Securities To Trade
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Steel:

Ruling on Stelco finance deal delayed, GM work lost
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Stelco, Deutsche Bank Given Until Thursday To Amend Proposal
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Stelco Didn't Meet GM Conditions For Steel Supply
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His Lucky Pennies
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60,000 Lawsuits Push Creditors to Return Payments to Debtors
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$26 million in debt, city is looking for a break from bankers
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Victims' lawyers criticize diocese plan
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Significant Decisions in Archdiocese Bankruptcy Case
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America's credit card is maxed out
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Hong Kong:

Pricewaterhouse quits as auditor of Brilliance China
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Norway:

Pyramid schemes still abound
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Korea:

Creditors push LG Group to pay most of LG Card aid
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Canada:

Bankruptcy trustee recommends auction for New Skeena Forest Products assets
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Czech Republic:

Bankruptcy law should come into force in mid-2006
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