November 3 , 2004 

Daily Bankruptcy News

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

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Law:

Lawyers Could Face Disbarment for Failing to Disclose Coverage Status
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The Plaintiffs Bar: Vultures or Paladins?
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Tax on attorney fee can force plaintiffs to pay more than they are awarded
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2 Attorneys killed, 2 wounded in shooting at law firm
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Sixteen U.S. plaintiffs firms grossed over $50 million in 2003. Here's who they are and how they did it.
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In the Sarbanes-Oxley era, lawyers still go in-house but enter carefully
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NY Firm Changes Its Name and Address
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AWOL Attorney Gets Suspended - and This Time She Knows It
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Coupons for Clients, Big Bucks for Lawyers
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In-House EDD: Pot of Gold or Can of Worms?
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Steel:

Court to hear shareholder group's argument against Stelco insolvency
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Asbestos:

Perry Weitz and Arthur Luxenberg started their firm only 15 years ago. They're quick learners. Weitz & Luxenberg's scramble to the top.
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T&N trustees can vote against US plan
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Surge in British asbestos claims will cost billions: Insurers and employers face huge bill over next 30 years
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States warned against rushing Hardie law
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Corporate Reform:

U.S. federal judge allows retrial of ex-Adelphia exec Michael Rigas
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Investor to challenge hedge regs
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Pension Sponsors Concerned About Consultant Conflicts
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Chubb Says Ohio Sent Inquiry in Insurers' Probe
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AIG May Need A New Playbook
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SEC Wants Monitor To Examine AIG's Books
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HCC Insur Gets Subpoena From Minn Attny Genl
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Hollinger Inc.'s Black Resigns As Chairman, CEO
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Accounting:

Court Backs Coltec on Tax Shelter in 2nd Blow to IRS
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SOX hands huge bonus to PricewaterhouseCoopers
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Developer's bad debts burden Hispanic group
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Toys were us
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Low-carb food sales slow as American craze cools
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Pension plans come up short
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Saybrook Helps Guide PG&E out of Bankruptcy
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Unions' actions key in IBC bankruptcy
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Airlines:

'We were lied to,' say airport officials
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Airlines Fearing a Vicious Circle of Weak Finances and Low Morale
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Airline troubles land on airports
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Airlines ask for lower rents to cut costs at Portland, Ore., airport
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ATA will cease Nasdaq trading Friday
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Airlines Face More Uncertainty -- Consolidation is not in the cards, but liquidation and downsizing most certainly are
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Delta deal may give boost to Republic
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United CEO: Competition Makes Price Increases Difficult
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US blogger fired by her airline
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CentiMark to help former airline workers find jobs
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Auditor Clears Alitalia 1st Half Accounts
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Vasp prepares rescue plan to avoid grounding
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Colorado developers face accusations of looting family's Brazilian airline
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Telecoms:

Firm owing NSB utility files bankruptcy
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Ruling Offers Hope to Former WorldCom Employees
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Leaping (Deliberately) Out Of Bankruptcy
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Fraud trial of former lieutenant governor begins
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Investors' case shows flawed bankruptcy law
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Morris says he was deceived
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Minneapolis: Lights go out at legendary rock club
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Kistler counts down to exit
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Backman's arrests, bankruptcy won't affect job status
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Gen-X in Financial Trouble
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PACA Trusts and Personal Liability: The Vendor Finds Another Pocket For Payment
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Commerce One Wins Final OK To Use Cash Collateral
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Presenting Post-Dated Checks after the Bankruptcy Filing
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Recent Going-Concern Statements
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GEO Files Plan of Reorganization
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Carlyle goes into distressed field
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Osteopathic Medical Center of Texas foreclosure delayed
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Can debtor's assets, accounts be revealed after bankruptcy filing?
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Spokane, Wash., developer files for bankruptcy, freeing downtown site
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Small Utah water company files for Chapter 11
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Florence Freedom has a deal
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Series of storms leaves insurers with record losses in 3rd quarter
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Grocery retirees' benefits at risk
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New Bankruptcy Opinions
(3 new opinions today) 

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings
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Weird News
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Enron jurors leave early to cast their votes
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Billions At Stake As U.S. Tobacco Appeals Gear Up
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Head of bankrupt diocese up for key post in U.S. Catholic Church
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Minimizing Revenue & Receivables Leakage
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In Defense of a Preference
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Court declares Pawtucket, R.I., manufacturer Union Wadding insolvent
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Coram Health: Equity Panel Appeals Ch 11 Confirmation
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Red Flags, Warning Bells, & Gut Feelings
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Cashing a Check May Not be Accord and Satisfaction
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UK:

MyTravel pursues restructuring deal
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Enterprise Act declared a success
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Union warns of 10,000 Jaguar job cuts
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Administrative receivership for FC Shepherd
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Medical College in UK Shut Over Cash Crisis
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Germany:

KarstadtQuelle lowers full year forecast again
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Jobs, hope abandon East Germany
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Jobless numbers increase again in Germany
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Australia:

Rising debt levels prompt credit law reform call
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Russia:

Yukos to hold two shareholders' meetings
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Yukos tax onus widens
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Yukos Shareholders to Consider Bankruptcy
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YUKOS convenes EGM Dec. 20 to decide on bankruptcy
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Argentina:

Argentina is rebuffed on debt plan
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Argentina sails close to the wind
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China:

China has a bankruptcy law with holes so large that it pays to borrow as much money as possible from as many people as possible
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Thailand:

On November 10, the Bankruptcy Court will deliver its ruling on the amendment to TPIs debt restructuring plan
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