October 11 , 2004 

Daily Bankruptcy News

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

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Airlines:

Airline enters critical phase
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Airport plans for sharp drop in passengers
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28,000 lives may be about to change
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US Airways says bookings are down
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Analysts differ widely on Delta's prospects
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D/FW rushing to fill Delta gates
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Delta Air Lines Falls on Bankruptcy Court Prospects
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Interest still high in airline jobs
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Colombia Avianca pilots greenlight sale to "sheik"
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ATA's future on shaky ground
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Air Midwest staying flexible while waiting out U.S. Airways bankruptcy
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Navigating Turbulent Skies
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Airline Pilots: The Romance Is Gone
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Deutsche Bank seeks bigger role in Hawaiian case
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Asbestos:

Senate's Frist Says Asbestos Fund Stalled
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Trust fund bill would exclude many asbestos victims
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Australian state studies contempt charge against Hardie
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Armstrong granted 8th extension in bankruptcy court
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Law:

Trial lawyers an issue in presidential campaign
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Boutique Partners Quit to Launch Practice Team for Rival
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Lawyers Who Took on 'N Sync and Backstreet Boys Awarded $15 Million
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Legal Market in Florida 'Flourishing'
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Baker McKenzie names new chair as profits surge
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The thorny issue of law firms' conflict of interest -- Despite extensive conflict checks Weil Gotshal is embroiled in two lawsuits by former clients
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The Perils of 'Loser Pays'
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Faked Evidence Turns Case Ugly -- Really Ugly
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Investigators Still Seek Ex-Attorney's Ill-Gotten Gains
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Jurist Embraces Image As a Hard-Line Holdout
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Firing Someone Is Never Easy, but it Still Needs to Be Done Right
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Effective Cash Flow Management
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Disbarred Lawyer Loses Lawsuit Over Groping
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Strategies for Coping With the Rising Costs of Health Insurance
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Large Firm Life: Getting Ahead by Gaining Experience
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Food handler union more than $1 million in debt
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Partner rejects Chiofaro's plan
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Interstate's rebirth half-baked?
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Carolina Investors: Investors must give money back
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How one airline survived -- twice
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Sexually transmitted debt
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Restructuring Gurus See Day of Reckoning
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Senate Curbs Growth Of Subsidized Student Loans
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McDermott Announces Bankruptcy Court Action on Babcock & Wilcox's Chapter 11 Plan of Reorganization
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Dynacq Healthcare Subsidiary Files Voluntary Petition for Bankruptcy
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When 'big boxes' go, they leave a hole
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Trustee Objects To Cone Mills' Plan Confirmation
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If America Is Richer, Why Are Its Families So Much Less Secure?
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Bankruptcy Reform: Cure Worse Than Disease?
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Legislators Propose Bankruptcy Changes
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Telecoms:

Global Crossing sounds bankruptcy death knell
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Enron:

Fastow sued for back taxes on beach home
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Enron Trial Highlights Issue Of Plea Bargains
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Defense prepares to make its case in barge trial
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Oregon probes ex-governor's role in Texas Pacific's wooing of Enron subsidiary
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Steel:

Stelco says major customer to pull business for 2005 due to strike notice
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Stelco releases details of UBS engagement and mandate
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Corporate Reform:

US Crt Dismisses Hollinger Intl Suit Vs Ex-CEO
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S.E.C. Steps Up Inquiry on Krispy Kreme
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Witness Tampering Issue Raised in Peregrine Systems Fraud Case
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SEC: Execs Must Come Clean on Pay

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There's nothing funny about losing your job
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Wine-&-dine Cancer Doc
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Twinkie maker's bankruptcy odds hard to estimate
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Ingredients of a bankruptcy
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Big pasta company makes dough at others' expense
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Is It the Diet, or All That Debt?
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Only osteopathic hospital in Texas is shutting down amid financial problems
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Pittsburgh's credit rating hits new low
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Penn National Gaming Won't Proceed with Plans to Purchase President Casino St. Louis Riverfront/The Admiral
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WestPoint Stevens Posts $9.2 Million Loss In August
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$3 trillion in claims against Adelphia
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Fixes for pension laws are elusive
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Bankruptcy filings stop climbing
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Scrutiny tightens for payday loans
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Uninsured are charged up to four times more for the same care
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The Health Care Clash Moves to the Next Aisle
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AstroPower: Creditors depend on suits
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Lawyers force murder suspect into bankruptcy
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In this contest, money talks and bankruptcy walks
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Revival of farm bankruptcy law headed to House
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Pumped up for bankruptcy -- AST Sports Science is weighed down with suits over its ephedra products
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The consumers' guide to credit counseling
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Easy Street for some, a hard road for others -- Voters' varying financial health will help shape election next month
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Sex Scandal Has Davenport Diocese Talking Bankruptcy
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Despite Cash, Businesses Get Stingy
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How To Spot Trouble in Your Financials
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Home boom threatens American dream
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A West Coast hedge-fund firm is putting limits on withdrawals
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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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Erase Debt Now. (Lose Your House Later)
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Embattled bankrupt charity had endorsements of several political figures
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Growth Fails to Bring Down Bankruptcies
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Can Big Tobacco afford another big payout?
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Accounting:

Corp. Tax Law Overhaul Passage Likely
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$100,000 'SUV Write-Off' to End for Small Businesses

E&Y Review Finds 'Potential' Independence Problems

Private Agencies Eyed to Aid IRS Collections
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High-flying KPMG on course to run up 1bn in annual income
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Candidate believes bankruptcy helps him relate to many voters
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Recent Going-Concern Statements
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Americans urged to save more and spend intelligently
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Tru Circle Corp. sold for $18M at L.A. bankruptcy auction
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Snyder's urges customers' patience
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NorthWestern Corporation Receives Bankruptcy Court Approval of Plan of Reorganization
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UK:

Insurance chief faces 8m writ
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Disaster claimed by bars and pubs in first six days of smoking ban
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Appreciating values making new millionaires in Britain
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Disclosure imposed on tax avoidance schemes but lawyers retain privilege
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UK firms' pension contributions surge
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Britain Feeling Pressed for Power
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Profit warnings surge by 15%
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Ireland:

Conman sitting on 23m fortune, but clqaims to be bankrupt
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Middle earners are becoming the new poor as their debts increase
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Japan:

Daiei chief agrees to cooperate with IRCJ
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Nakagawa raps IRCJ over Daiei ultimatum
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UFJ used tricks to hide bad loans
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Italy:

Parmalat: ViewPoints On the courthouse steps
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Deadline for Parmalat USA Bankruptcy Plan Extended to Nov
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Citigroup, Parmalat Brawl Over Billions
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Citigroup Sues Italy Ministries Over Rejection of Debt Claims
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Argentina:

Argentina Cablevision Pushes Debt Vote To Nov 17
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Australia:

Consumer debt blow-out warning
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Poland:

FSO: Any bidder welcome
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China:

Bankruptcy law moves closer to the mark -- Latest draft puts emphasis on corporate rescue
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