October 22 , 2004 

Daily Bankruptcy News

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

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Prior editions available at http://bkinformation.com/bankruptcy_news.htm
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Law:

Bank's Transfer of Pinochet Assets Raises Questions About Law Firm Chairman's Dual Role
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Associates need to learn nuances of billing before starting big projects
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New Funding Sources Ease Financial Strains on Plaintiffs Lawyers
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Law Ends Double Tax on Some Lawyers Fees
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Have You Hugged Your Clients Today?
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Whales Have No Standing to Sue
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Judge Voids Will That Promised Curse
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Indian lawyers smarter
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Enron:

Ex-Enron Exec Testifies About Barge Deal
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Enron's Lay faces two trials
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Oregon board holds fate of Enron property Portland General Electric
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UK accountants escape Enron extradition
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Astros fever catches up with Enron judge
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Witness wrote reporter about Enron barge deal
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Lay's double whammy has roots in S&L scandal
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Carolina Investors: Withdrawals bring scrutiny
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Trump:

Trump Seals Deal With Bondholders
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Trump Still The Master Of The Art Of Bankruptcy
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Trump sets casino makeover
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Trump announces plan to save casino company
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Trump rolls dice on bankruptcy reorganization
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Deal on Trump Debt Includes Bankruptcy
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Trump Pumped Up
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Accounting:

Last chance for auditor protection gone in UK
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Big Four Have Bad Month With Regulators
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WorldCom Whistleblower to be Inducted Into CPA Hall of Fame

IRS Tightens Position On Abusive Tax Shelter Settlement Terms
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Despite slide in income, Baxter prospects good turnaround
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Recent Going-Concern Statements
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Lawyer says sale of gun manufacturer was fraudulent
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Labor Dept. Doubles Benefit Recovery
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French Billionaire to Be Questioned On Executive Life
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PSA Quality Systems Files Chapter 11 Bankruptcy In Del
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Huffy says gets $50 mln in DIP financing
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Swindler files for bankruptcy
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Bankruptcy court weighing money shuffle in school fitness scam
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Airlines:

US Airways pilots agree to $1.85B in wage cuts
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US Airways Gets Pilot Deal, Turns To Other Unions
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Airline applauds pilots' contract
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Delta tries to reassure its frequent fliers
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Airlines in bankruptcy trying to hold on to frequent fliers
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ATA slashes 220 administrative jobs
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Turmoil has pilot ready to turn in wings
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America West, AirTran in consolidation race
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Delta's stock value is in the eye of the holder
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Top airlines, especially Delta, in tailspin
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Delta Will Honor Tickets, Loyalty Miles In Case Of Ch 11
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ATA in talks with AirTran and America West ahead of bankruptcy filing
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Jet order books suffer knock-on effects
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US Airways Seeks More Time To Consider Aircraft Leases
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Asbestos:

Owens Corning: Request For Medical Records May Stall Ch11
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Crane Swings To 3Q Loss, Settles Asbestos Claims
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Hardie men's payouts 'should go to victims'
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James Hardie resignations cheer unions
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James Hardie's Macdonald Quits Amid Asbestos Probe
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Hardie picks U.S. chief as acting CEO
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Jury weighs $1.3 bln asbestos lawsuit by paintmaker
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Corporate Reform:

Odds Of Successful Martha Stewart Appeal Slim
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Bacanovic at heart of Stewart appeal
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Grand-Jury Probe of AIG Focuses on Brightpoint Policy
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Martha Stewart Cooks Up Microwave Recipes In Prison
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SEC Davis-Besse Probe Involves Disclosures
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MetLife Faces Holder Suit Over Commission Payments
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Marsh & McLennan Cos. Rating Lowered to 'BBB+' and Kept on CreditWatch Negative
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Marsh Directors Consider Having CEO Step Aside
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How Marsh Employee Turned Tables
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Aon Faces Possible Conflict of Interest
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More States To Revamp Rules Following Spitzer Probe
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AIG Could Face Criminal Charges
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ING receives subpoena as Spitzer turns to Europe
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Spitzer Probes Music Labels, Radio Airplay
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Record labels said to be next on Spitzer list
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Credit protection costs rise on Spitzer worries
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New Bankruptcy Opinions
(1 new opinion today) 

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings
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Weird News
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Weird News
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Former Brobeck Employees Aim to Sink Bankruptcy Deal With Morgan Lewis
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13 ways to avoid a bad bankruptcy attorney
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First Circuit Upholds Ruling That Mere Acceptance of a Voluntary Payment Received from a Chapter 11 Debtor Constitutes a Violation of the Automatic Stay
(Martindale: separate free registration required)

Coram Health Trustee Modifies Ch 11 Plan,Per Court Order
(WSJ: separate paid subscription required)

Iowa Diocese Says It's Near Bankruptcy
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Iowa diocese may file for bankruptcy because of judge's ruling
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Bankruptcy latest chapter in political race
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Wisconsin Could End Dubious Bankruptcies Streak
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't' Man Flags 'cabby'
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Ex-Conseco Executive Must Repay $62.7M
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Hilbert is on the hook for $71.7 million
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State to investigate N.J. telecom firm
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Maker of bulletproof vests continues to operate under Chapter 11 protection
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Rigases say companies will help fund defense
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Interstate Bakeries gets $200M approval
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UK:

Charity warns of debt problem crisis
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'Plumber' escapes jail term
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Eurotunnel to take tips from budget airlines in bid to cut costs
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Korea:

Auction for Thrunet Due
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Germany:

Third quarter was difficult for KarstadtQuelle
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Karstadt Creditor Skeptical About Overhaul, Handelsblatt Says
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KarstadtQuelle Shares Tumble Following Report About Sales Drop
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China:

China's top legislature discusses drafts of laws on bankruptcy
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Italy:

Parmalat Probe Widens; Adds 4 Bks, Asset Mgmt Co.
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Japan:

No Extension To IRCJ Loan Buy Deadline - Kyodo
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