October 21 , 2004 

Daily Bankruptcy News

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

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Law:

Delaware Firms Expanding, Upping Entry-Level Salaries
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NY firm's decision to outsource documents to a firm based in India has proved a success
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Piper top brass court DLA after West Coast merger
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Law firms are under threat from professional purchasers
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Firms Paying for Advice on Keeping Clients
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Clifford Chance aims for $5M save in global IT shake-up
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Lawyer Fined $1.8M in Bogus Lawsuits
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Firm tables LLP move -- "wary of suddenly deciding to turn ourselves into a corporate vehicle"
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Legal budgets -- a remedy for abuse?
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Top UK firms freeze associate hiring
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Partners remain underwhelmed with quality of law firm leaders
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Lawyer Faces Suit for Client's Stress
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Snow out on a limb while Lico departs for Kirkland
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Foot in mouth disease
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Wet 'n' wild
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Feb Trial Set For Fleming Bankruptcy Legal Fee Dispute
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Ponzi payback could fall to schools
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Corporate Reform:

California to sue insurers in scandal over sales practices
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States Increase Their Scrutiny of Insurance Brokers
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Martha Stewart's Attorneys File Appeal, See Decision Next Year
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Marsh Works With Banks to Preserve Its Financing
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Marsh Madness
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Fraud task force gets mixed reviews
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Price slashed, offer expected on guilty WorldCom executive's Boca Raton, Fla., mansion
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Frank's execs line up for bonuses
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Bicycle maker Huffy files for Chapter 11
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Bike maker Huffy falls into Chapter 11; Dorel may mount takeover
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Bank assimilates Quick & Reilly
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Fielder vows to repay debt
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Davenport diocese lawyers ask for delay in priest abuse trials
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Diocese clear: Settlements or bankruptcy
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Panel of alleged victims set in diocese bankruptcy
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Investors eye Parmalat lawsuit bonus
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International Wire Group emerges from bankruptcy
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Former Oxford Automotive workers sue company over NAFTA
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$14M 'big scam', Volk claims asset transfer part of estate planning
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Fife Vineyards ready to emerge from bankruptcy
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Airlines:

Soaring fuel, storms stall airline earnings
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Airlines report major losses
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AMR Posts Loss, Projects Much Deeper 4Q Red Ink
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American Airlines plans job cuts in wake of loss
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Northwest dodges crushing losses
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Northwest Airlines reports loss
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FBI investigates puncture holes discovered on 2 US Airways jets
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ATA report heightens fears of bankruptcy
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ATA warns again of looming cash crunch
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Delta Air Is On A Direct Course To Bankruptcy
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Delta Pilots To Meet With Management Through Weekend
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Carriers raise domestic airfares
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US Airways not alone in losing millions
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Airline faces safety issues
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Airline workers make backup plans for future jobs
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Nation's pilots give now, believe they'll receive later
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Pilots: Slump may last years
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Allied Pilots Association Leadership Releases Statement Regarding Challenges Facing American Airlines
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'New' Air Canada stumbles day later
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Steel:

GM won't buy steel from Stelco until spring due to logistical concerns
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Liquidation plan OK'd for Georgetown Steel
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Yale Industries shutting down
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Accounting:

KPMG to Pay $10 Million to Settle with S.E.C.
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Hard Money Lenders Save Apartment Complex From Bankruptcy
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Kmart Chief Gets $90M in Stock Options
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Recent Going-Concern Statements
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FTI Consulting Hires Michael Eisenband, Steven D. Simms and Samuel E. Star; Eisenband, with Simms and Star, Spearheads FTI's National Creditor Rights Team
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Winn-Dixie posts loss as it restructures, shares sink
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Testimony Begins in Disney Holder Suit On Ovitz Pact
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Chevys restaurant chain is sold
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WordsWorth plans shutdown
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FiberMark creditors to keep trading
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Creditor panel opposes paying IBC directors
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AT&T swung to a $7.12 billion net loss
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State says man bilked dozens
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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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Trump said to strike deal to save casinos
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Can new deal save Trump's casinos?
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Enron:

Enron Ex-CEO Skilling, Govt Battle Over Trial Prep
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Ken Lay faces 'worst nightmare': 2 trials
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Court Enters Written Order Confirming NorthWestern's Plan of Reorganization Plan's Effective Date Anticipated to Be Nov. 1, 2004
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NextWave Again Seeks More Time
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Nextwave decides on reorganization plan
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UK:

FSA targets banks' lawyers
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Brown warned over rise in borrowing
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Bust to boom as home prices go through roof
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South Africa:

PSCGG liquidators take bold steps to recoup funds
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Japan:

Struggling Daiei expected to appoint managing director as next president
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Germany:

KarstadtQuelle Reaches Pact With Banks on This Year's Financing
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EU orders German state banks to repay billions in state aid
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Italy:

Parma prosecutors consider three-track trial procedure for Parmalat
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Prosecutors add 5 cos to Parmalat probe
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Canada:

New Brunswick government courts potential buyer for defunct pulp mill
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Wastecorp. International Investments Inc. - Chapter 11 Update
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Thailand:

Thai TPI Units To Hold Creditor Vote On Debt Plan Oct 26
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Philippines:

Meralco Confirms In Debt Refinancing Talks
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China:

China firms dispose of $71b dud assets
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Argentina:

As Argentina Govt Default Drags On, Pvt Sector Moves On
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