October 18 , 2004 

Daily Bankruptcy News

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Airlines:

US Airways cleared by Court to cut pay
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UAL grievance to be heard
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United expecting more cost cuts around corner
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Deal would cut United's Chicago airport debt
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DIA lays out scenario if United should liquidate
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Delta in dive as cash dwindles
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Judge OKs US Airways pay cuts
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Smaller airlines can fly rings around some of the bigger carriers when it comes to keeping in the black
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US Airways denies reports it is selling aircraft
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US Airways gets OK to slash pay
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'Fiscal timebomb' for US airlines
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Pilot Union Reps Vote To Endorse Tentative Deal With Northwest
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For pilots, job losing its luster
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Financial turbulence rocks Alaska Air
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A gap in the skies
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American hikes international-flight fares
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Airline Fliers Should Stay Up On Bankruptcies
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Airlines in a precarious spot
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What's next?: Down and dogged, Delta soldiers on
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Delta: 71 Pilots Retire Early In September
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Delta at bankruptcy 'finish line'
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Delta to cut up to 1,800 upper level jobs, says third-quarter losses deeper than expected
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Flight attendants OK 10% pay cut to keep ATA aloft
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Air Canada predicts big jump in income
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Airline says 1,600 offer to quit as part of lucrative layoff plan
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Pilots deal in hand, Northwest still has lots of negotiating to do
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Northwest's ALPA Panel OKs Pay Cut; Needs Ratification
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Airline leadership in churn - Departures, arrivals in constant flux
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Airline Bankruptcy and the State of the Skies
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Asbestos:

Grace Delays Plan of Reorganization Filing
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W.R. Grace asbestos settlement is near
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Grace nears deal to emerge from Chapter 11
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The long goodbye
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Unions dismayed with Hardie's attitude
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Unions back T&N pensions lifeline
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Corporate Reform:

Hollinger considers new moves as deadline nears
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Martha Stewart, town adjust to sentence
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Under Fire, Marsh Stops Taking Fees From Insurers
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New York Alleges Insurance Scheme Involving Rigged Bids, Payoffs to Brokers
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Customers of bankrupt firm get big bills
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The Treatment Of Private Line Agreements In Telecommunications Bankruptcies
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Citigroup, JPMorgan Cut Fees as Emerging Market Debt Booms
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Yolo County's "Tomato King" owes taxes, money to businesses
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Jobs: The Lull Will Linger
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Monthly fees chew into discretionary income
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Sarbanes-Oxley Expands Scope of Debts That Are Nondischargeable in Chapter 7, But Not Chapter 13
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Bum Leases Hit Small Businesses
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Steel:

Stelco says GM pulling business
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Loss of GM major blow for Stelco
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Enron:

UK Enron case bankers to appeal extradition ruling
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IOC, Petronet to bid together for Enron assets
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'Hi. Enron Calling. Do You Want a Job?' 'Uh, I'll Call You.'
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Law:

Who Represents America's Biggest Companies, 2004
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Firm's Bonuses a Sore Spot for Associates
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Love Labors over Legal Fees
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ABA Blasts Fla. Ballot Measure Limiting Attorney Fees
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BigLaw Contract Attorneys Struggle With Their Identity as 'Lawyers'
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True believers in business intelligence software claim it's going to reshape law firm management
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Top Client to Firms: "You're Fired"
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DLA wins finance director as US merger vote nears
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BigLaw Associate Hangs On on "The Apprentice"
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Attorney Gives Up Partnership to Help the Poor
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And then there were three: Clifford Chance sees another West Coaster depart
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More partners set to quit Clifford Chance
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Clifford Chance unable to find the means to plug its partnership leak
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Philip Morris International appoints non-lawyer as legal director to investigate law firm budget
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Firm brings back partnership bonus system as lateral sweetener
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Management rejig sees new look White & Case
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Beauty is in the eye of the client
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Pendulum swings away from casual attire in the workplace
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Boston: Condo crash contemplated
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Hospital using liens to collect from patients
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College Students Make the Grade With Credit
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Pittsburgh: A foolish council plays chicken with the state
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Kaufman's Wedding World in Chapter 7, to sell assets
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Could tobacco firms pay out $280 billion?
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Fix sought to stabilize retired miners' health plan
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This is where the election will be won or lost. And it ain't Baghdad
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Ex is running up forgotten credit card
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Governments borrowing heavily to cover growing pension shortfalls
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Retail sales make biggest gain in months
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Verizon Wireless Could Bid $3 Billion For NextWave Spectrum
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Loral and Creditors' Committee Finalize Revised Terms of Plan of Reorganization
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Davenport diocese bankruptcy looms
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Energy:

Avista To Buy Remaining Interest In Plant From Mirant
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NorthWestern in exit financing talks
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Star Gas suspends payout, may seek bankruptcy
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Losing Your Dream Home
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U.S. toymaker results disappoint, warn on holidays
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New Bankruptcy Opinions
(2 new opinions today) 

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings
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Weird News
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Chiofaro's partner relents
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Monsour files for bankruptcy, again
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Recent Going-Concern Statements
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Recent US Earnings Restatements
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Churchill closes on Fair Grounds
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Kaiser Aluminum Reaches Pension Settlement With PBGC
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BICO's Reorganization Plan Approved and Merger Authorized
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Accounting:

PCAOB Chairman Warns More Restatements Could be Coming
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Disclose It or Lose It: Defending Unscheduled Claims Brought by a Former Debtor
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UK:

Last week the High Court handed down a decision which could spell the end of global settlement agreements in disputes where a claim can be made against an insurer
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Law Society president details vision for reform
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The trouble with Hammonds...
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US law firm influx keeps demand high for UK office space
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Rich hitch
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Fraud costing UK businesses 40bn
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Canada:

Royal chief denies fraud allegations
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NDP settles Spudco suit for $7.9M
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Octane Energy Services Ltd. files for court protection from creditors
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Japan:

Daiei of the living dead
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Daiei chief to resign over rehab fiasco
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Use of 'safety net' cuts bankruptcies in fiscal first half
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France:

Euro Disney pins it all on dazzle
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Poland:

Will they pay for it?
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Ranking shocker
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Down the pipes
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Korea:

Business Start-Ups Fall to 5-Year Low
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Russia:

Yukos fate is sealed as state auction looms
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Yukos stock plunges on report of fire sale for core subsidiary
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State squeezes OAO Yuganskneftegaz
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India:

$500m needed to revive Dabhol
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GE threatens to walk away from Dabhol talks table
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China:

NPC Weighs Laws on Bankruptcy
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Czech Republic:

Jahn, Nemec plan amendment to bankruptcy law
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