October 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
Search prior headlines at: http://bkinformation.com/PriorEditionsSearch.html
Search prior New Opinions at: http://bkinformation.com/NewOpinions_Search.html
         

Enron:

New UK legislation introduced to catch terrorists has caught three British bankers
(DBN Subscription Required)

Inside the culture and collapse of Enron
(DBN Subscription Required)

Enron, Sierra Pacific case sent back to bankruptcy court
(DBN Subscription Required)

Witness: Legality of Enron barge deal weighed
(DBN Subscription Required)

Former Merrill executive declines to testify about barge deal
(DBN Subscription Required)

Judge vacates Sierra Pacific-Enron judgment
(DBN Subscription Required)

Judge flips on SP payment to Enron
(The Deal: separate paid registration required)

Suitor offers $43 million PGE rate cut
(DBN Subscription Required)

________________

Telecoms:

Global Crossing needs $40M bridge
(DBN Subscription Required)

Shares plunge 20% at Global Crossing
(DBN Subscription Required)

Global Crossing collapse
(DBN Subscription Required)

________________

Accounting:

Krispy Kreme sweetening its books?
(DBN Subscription Required)

SunTrust to Restate Results
(NYT: separate free registration required)

Where the IRS Is Concerned, No Good Deed Goes Unpunished
(DBN Subscription Required)

Recent Auditor Changes
(WSJ: separate paid subscription required)

_________________

Asbestos:

Bankruptcy exit plan for generator firm gains Babcock & Wilcox would establish trust
(DBN Subscription Required)

Cash cow cashed out
(DBN Subscription Required)

Asbestos Reform Important to Insurers
(DBN Subscription Required)

Court limits insurance firms' asbestos liability
(DBN Subscription Required)

______________

Corporate Reform:

Recovering Bonuses Remains Infrequent Despite Emphasis On Corporate Reform
(WSJ: separate paid subscription required)

Kohl's top executive cashed in options while retailer's stock dropped
(DBN Subscription Required)

CEO post no longer viewed as brass ring
(DBN Subscription Required)

Prosecutors Say Ebbers Lied to Obtain Loans
(DBN Subscription Required)

______________

Congress Wraps Up Work With Much Rancor, Leaves Asbestos and Bankruptcy Reform For Next Term
(DBN Subscription Required)

Turnarounds & Workouts: What's the Forecast?
(DBN Subscription Required)

Atlanta foreclosures hit 1,540 in August
(DBN Subscription Required)

Bankruptcy filing doesn't stop priest lawsuits
(DBN Subscription Required)

Oh My, the New Client Owns a Plant in Mexico? What Do We Do Now? (scroll down)
(DBN Subscription Required)

Bank of Bedrock doesn't stand on solid ground
(DBN Subscription Required)

Adelphia creditors claim $3 trillion
(DBN Subscription Required)

Private Agencies May Aid IRS Collections
(DBN Subscription Required)

Requesting Prompt Tax Determination Under 505(b) (scroll down)
(DBN Subscription Required)

Ex-CEO Won't Get 'Golden Parachute' in Amended Plan ; Bankruptcy Exit Plan Filed By Bush Industries
(DBN Subscription Required)

 

Airlines:

U.S. Airways' lenders extend financing terms
(DBN Subscription Required)

Deal keeps US Airways flying into 2005
(DBN Subscription Required)

US Airways hearing continues
(DBN Subscription Required)

Bankruptcy court asks: Are US Airways pay cuts necessary or inequitable?
(DBN Subscription Required)

Frequent fliers use up miles on bankrupt US Airways
(DBN Subscription Required)

Extension expected of law protecting fliers ticketed on defunct airlines
(DBN Subscription Required)

Denver likely target of United jet shift
(DBN Subscription Required)

Analysts say Delta needs deal to avoid bankruptcy
(DBN Subscription Required)

Pilot talks continue as Delta shares fall
(DBN Subscription Required)

Airline face-off: Whose ox gored?
(DBN Subscription Required)

Alitalia Seeks Private Investors, Considers Debt Swap for Stock
(DBN Subscription Required)

Travelers' Group to Ask for Airline Failure Contingency Plan
(NYT: separate free registration required)

Even Southwest's profit expected to be hit hard by soaring oil prices
(DBN Subscription Required)

On Rising Fares And Airplane Food
(WSJ: separate paid subscription required)

_______________

Law:

Clifford Chance prepares for exit of top rainmaker
(DBN Subscription Required)

Silent partner
(DBN Subscription Required)

Bush Targets Trial Lawyers With New Ad
(DBN Subscription Required)

Top 20 UK firms see professional indemnity insurance rates drop
(DBN Subscription Required)

N.J. Governor to Join Law Firm
(NYT: separate free registration required)

Would-Be Lawyer's Bar Application Raises Rehabilitation Issues
(DBN Subscription Required)

Another partner quits Clifford Chance's Manhattan arm
(DBN Subscription Required)

If HAL the Computer Audited Your Expenses
(NYT: separate free registration required)

Linklaters New York bags ex-Shearman chief
(DBN Subscription Required)

DLA gets first referral from US beau Piper
(DBN Subscription Required)

It's amazing the kinds of things people will write on e-mail
(DBN Subscription Required)

Are Your Firm's Billable Requirements Unreasonable?
(DBN Subscription Required)

Foley & Lardner LLP Signs New Lease For 200,000 Square Feet At Washington Harbour
(DBN Subscription Required)

Associate Compensation
(DBN Subscription Required)

Pizza Inn sues law firm over executive compensation
(DBN Subscription Required)

White & Case London reveals new management structure
(DBN Subscription Required)

Virtual documents
(DBN Subscription Required)

Strategic Marketing
(DBN Subscription Required)

________________

In Critical Condition: Healthcare In America -- Retiree benefits Dwindling
(DBN Subscription Required)

GOP Tobacco Two-step
(DBN Subscription Required)

Recent Going-Concern Statements
(DBN Subscription Required)

Bankrupt Jamestown, N.Y., Furniture Firm Files Amended Reorganization Plan
(DBN Subscription Required)

 

New Bankruptcy Opinions
(No new opinions today) 

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings
(DBN Subscription Required)

Weird News
(DBN Subscription Required)

Older suburbs struggle to erase vacant eyesores
(DBN Subscription Required)

Interstate Bakeries stockholders form committee
(DBN Subscription Required)

Gasoline prices close in on $2
(DBN Subscription Required)

American International Petroleum Corporation Files Voluntary Petitions for Chapter 11 Reorganization
(DBN Subscription Required)

Quarter of families struggle to pay their bills
(DBN Subscription Required)

Garden Ridge to landlords: Shut up
(The Deal: separate paid registration required)

Steel:

Three-plan showdown for WCI looms
(The Deal: separate paid registration required)

_______________

Owners lose one fight over Franklin Savings
(DBN Subscription Required)

UK:

Current Distressed Companies Update
(DBN Subscription Required)

Norris in call for plans to save Jarvis
(DBN Subscription Required)

_______________

EU:

EU Court Rules Deposits Guaranteed Only Up To EUR20,000
(DBN Subscription Required)

________________

Italy:

Parmalat victimized foreign banks, Citigroup says
(DBN Subscription Required)

_______________

India:

Watson Farley selected by Indian govt for Dabhol role
(DBN Subscription Required)

_________________

Russia:

Court adds to Yukos bill, pushing liabilities to $7.5 billion
(DBN Subscription Required)

Court orders Yukos to pay $1.7 billion tax bill
(DBN Subscription Required)

Russia to sell part of Yukos asset
(DBN Subscription Required)

________________

Japan:

IRCJ not to help rebuild Daiei any more
(DBN Subscription Required)

JP Morgan, Morgan Stanley offer to rescue Japan's Daiei
(DBN Subscription Required)

Magazine blames Net for downfall
(DBN Subscription Required)

_________________

Thailand:

Thai TPI Creditors Approve Revised Debt Plan
(DBN Subscription Required)

______________________

France:

French hide up to E100bn as tax amnesty is bungled
(DBN Subscription Required)

______________

China:

Bankruptcy gains credibility -- Draft mainland law well received because it aligns practice more closely with international standards
(DBN Subscription Required)

_________________

Please note that the Daily Bankruptcy News is primarily a news link gathering service.   This means that most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not the Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. 

The DBN subscription fee for access to certain links is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use.

If you received the Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here, or by going to BKINFORMATION.COM and clicking on the Bankruptcy News button.  Note that the Daily Bankruptcy News is distributed via "HTML email" in which the links to the news stories are embedded in the headlines.  The email you receive should look like a 3-column newspaper, with headlines for each story. If you receive the Daily Bankruptcy News by email and the copy you receive is not formatted like a 3-column newspaper, or does not seem to contain links to the news stories, you may have an email client that is not capable of receiving HTML email, or is not configured to display such email.  You can however, receive a daily email notifying you when the Daily Bankruptcy News is updated on the web site. If you would like to receive such an email, please let us know at admin@bkinformation.com.

You can search the headlines from prior editions of the Daily Bankruptcy News by clicking here.

Advertising
Advertising is available in the Daily Bankruptcy News in a variety of places, formats and prices. Go to http://bkinformation.com/DBN_ADs.htm  for a list of choices.  Feel free to contact us with any questions.

Passwords
Access to certain links in the Daily Bankruptcy News is available only to readers holding a paid subscription.  These links are currently marked with a "DBN Subscription Required" notation. The cost of a subscription is $45/year, payable annually.  Volume discounts are available for sites with multiple users.  Complimentary subscriptions are available for full-time  educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links. New readers can receive a free password good for 30 days by going to http://bkinformation.com/RegistrationForm.cfm. Readers who wish to change their passwords should go to http://bkinformation.com/ChangePasswordForm.cfm. Readers who have forgotten their password should go to http://bkinformation.com/GetPassword.cfm

Adding Your Email Address To The Distribution List
If you would like to start receiving the Daily Bankruptcy News by email each day, go to http://bkinformation.com/SubscribeDBNForm.cfm  and fill in the information requested.  There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.  

Removing Your Email Address From The Distribution List
If you already receive Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear.  Note that the email must be sent from the same email address at which you are receiving the Daily Bankruptcy News. You do not need to type anything in the body of the email message.   If you do not receive an email confirming deletion of your email address from the distribution list  for the publication, contact us by clicking here for help.

Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C.  You can reach us at 281-242-6208 or at accounting@bkinformation.com