October 25 , 2004 

Daily Bankruptcy News

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

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Law:

NY Firm Closes Satellite
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Deacons and White & Case settle client poaching dispute
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Silicon Valley law firm merger expected to be the first of many
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Battle Lines Drawn at Allen & Overy
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Allen & Overy banking hawks attack corporate over ý10m losses
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Judicial Races Get Meaner
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Clifford Chance battles to keep hold of key clients after Benedict departs
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US law firm mergers rise 25 per cent
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Firms consider wage boost for new lawyers
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Bingham scouts early for 300K square feet of space: Law firm plans to hire up to 40 new attorneys before lease expires
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Homing in on home working
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Picture Jack Nicholson Arguing Before the U.S. Supreme Court
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Speak Well, Earn Well
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Retention rates at top 50 UK firms promise stability for associates
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Law and Regulation: Legal LLPs will take off, says Deloitte
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Asbestos:

Jury Backs Union Carbide in Asbestos Suit
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ABB says turnaround is complete
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James Hardie, Asbestos Body In Dispute Over Funding
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Unions urge PM to step in to Hardie dispute
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Hardie assures fund on aid
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Time running out for Hardie: ACTU
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Hardie's $100 million short
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Fund compo foundation, asbestos victims group pleads
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Hardie victims face trust's collapse
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Economy:

Gas prices continue to climb
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U.S. Consumers Face Record Gasoline Costs, Winter Heating Bills
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Corporate Reform:

Krispy Kreme panel can file suits against company execs
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Nobody's taking care of bad business -- Runaway fraud and corruption are costing jobs, pensions and the future prosperity of the middle class
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Marsh May Face Lawsuits Over Employee Pension Plans
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SEC Sued For Failing To Release Corporate Documents
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Probe Of Aon Finds Evidence Of Deceptive Practices
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SEC Probes Fund Payments to Pension Planners
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Lucent: Time for retirees to pay health bill
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Are You Really Better Off Now Than Four Years Ago?
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Executive Life case lawyer questions Pinault
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Credit service's ex-president to appeal fines
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Airlines:

Week critical for Delta
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No Delta deal; talks continue
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Delta, Pilots Near Pact With $1 Billion of Concessions
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Delta likely to land in 1 of 3 courts
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Planning begins for probable Delta bankruptcy
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Frequent fliers needn't fret
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United's fall would sting state
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Last chance
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US Airways sets deadline for concessions
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Independence Air faces financial difficulties as cash woes rise
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Struggling by on 21% less
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US low-cost airline ATA may file for bankruptcy as early as today
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Report: Delta Air could file for bankruptcy soon
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Consultant to review United plan; unions drop lawsuit
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Greater pressure directed at US Airways unions
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American Airlines will cut 250 jobs
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Memo Details Some of AMR's Layoff, Cost-Cutting Plans
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Accounting:

Fannie Board Picks Accounting Firm Of Former Andersen Partners
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U.S., British Fraud Investigators Probe Giant Investment Scam
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San Diego now 'Enron by the Sea'
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Star Gas Faces Lawsuits After Warning Of Bankruptcy
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Hot On His Trail
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Family finances: Leap into bankruptcy as a last resort
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Court Approves Adelphia Auction Rules, Breakup Fee
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Loral Files Revised Plan of Reorganization and Disclosure Statement
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Texas AG wins court battle over bankrupt nonprofit's spending
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Consultant: Don't blame computers in IBC reporting delay
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GE Capital vs. the Small-Town Folk Hero
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Recent Going-Concern Statements
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Buying bankrupt stocks on contrarian list
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Miners' Benefits Vanish With Bankruptcy Ruling
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Touch America wins approval for bankruptcy plan
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Oregon Arena bankruptcy case nears conclusion
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Bankruptcy attorney one of first to use paperless system
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Trump on the light side
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Huffy's future in doubt after Chapter 11 filing: Bike maker's filing was surprise to some
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Northern Colorado Bankruptcy Cases on Pace to Double 2000 Total
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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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Whoever wins, the banks won't lose
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Paying the mortgage early can make sense
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Steel:

Stelco shareholders face uphill battle in retaining value from holdings
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Steel costs bring pain for auto suppliers
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MIC Capital, in Collaboration with D. E. Shaw Laminar Portfolios, Files a Motion to Schedule a Disclosure Statement Hearing and Confirmation Hearing for Their $140 Million Plan of Reorganization for WCI Steel
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Struggling Butler eyes alternative to distressed status
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Pittsburgh: Suburban Republicans do their best to kill city
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UK:

Lawyers hit The Plumber
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British Energy 'will meet deadline'
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British Energy legal fees to hit 60m
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Eurotunnel plans job cuts to avert collapse
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The sweet smell of distress sees vulture funds eye Sainsbury's
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How to bounce back from bankruptcy
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Japan:

Bankruptcy law change a boon for business
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Scramble for Daiei outlets could intensify amid IRCJ involvement
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Italy:

Citigroup, Stanley added to Parmalat fraud probe
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Banks Knew Of Parmalat's Problems-Former CFO
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Germany:

More Germans Caught in Spiral of Debt
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Russia:

Yukos turmoil fuels oil prices
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New Zealand:

Creditors won't get a bean, says liquidator
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Canada:

Quebec judge grants creditor protection extension for Gaspesia paper mill
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Genoil Inc.: Proposed Creditor Settlement
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Nauru:

Bankrupt Nauru goes to the polls
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China:

Bankruptcy law draft excludes partnership and proprietary businesses
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