October 28 , 2004 

Daily Bankruptcy News

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

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Airlines:

Delta pilots say agreement reached to help avoid bankruptcy
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Daley looks to keep Midway jobs
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Delta, pilots agree tentatively to concessions
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AirTran mulls shuttle service
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ATA files as discounters clash
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ATA steers through turbulent skies
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ATA Air Woes May Mean Opportunity For Southwest
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ATA blames bad timing for bankruptcy
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S&P cuts ATA Holdings to default status
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Low-cost carriers aim for ATA's gates
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America West reports loss, reduces outlook
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ATA's top suitors also seeing red
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AirTran's takeover of ATA's Chicago routes would steam Southwest Airlines
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Travel agents still filling future ATA seats
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Boeing net surges 78%
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Independence Air to retool plans in fight for survival
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America West reports loss due to fuel prices; will bid for ATA assets
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Fuel may be last nail in airline coffin
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Union says US Airways aims to cut 2,800 jobs
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US Air union could clear way for strike
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WestJet's Profit Wanes as Fuel Prices Rise
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Independence Air may seek bankruptcy
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World air travel continues recovery
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Low-cost airlines hit by turbulence
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AirTran CEO sees another airline liquidating soon
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Independence Air Retools Ops; Aims To Avoid Bankruptcy
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Corporate Reform:

Lawsuits Mount Against Insurance Brokers
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Fresenius Gets Subpoena From Justice Dept.
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Probes cast cloud over U.S. corporate bond market
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Marsh May Pay Over $500 Million to Settle Civil Case
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Storm-Tossed Ace Posts Third-Quarter Loss, Braces for Spitzer Fallout
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N.C. Treasurer Seeks Info From Fincl Cos On Partnerships
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Options Would Have Sunk eBay Profit 43%
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Consumer Group Urges Federal Probe Of Insurance Industry
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Sarbanes-Oxley Remains a Force to Be Reckoned With in the Boardroom

New Fannie, Freddie rules in 2005?
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BICO Enters Into Formal Agreement of Plan to Merge
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Gadzooks pays dearly for Christmas
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Losses slowing for grocer going through bankruptcy
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Junk bond funds still find ways to shine
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No more float on those checks
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Mortgage after retirement can present real dangers
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Triton PCS Announces Agreement to Acquire Urban Comm - North Carolina
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Bankruptcy Can Be a Welcome Option
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San Diego's financial mess drags city toward insolvency
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Attorneys for Hilbert appeal judge's ruling
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Glass maker is seeking to terminate pension plan
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Law:

Bill-Padding Attorney Gets Extended Suspension
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Switch From Your Career to Lawyer
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New York leaders in stand-off over end-of-year bonus rises
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Texas-Sized Associate Perks
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Judge dismisses lawsuit against Wilmington firm Richards Layton
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Skadden Hires London Trainees For First Time
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King & Spalding Ranks Among Top 10 Law Firms Most Frequently Used by Fortune 250 Companies
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Ashurst sends UK partner to leaderless NY branch
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Herbert Smith's new chief set to boost US referral ties
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Ex-Allen & Overy star makes partner at Davis Polk
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US Legal Market Consolidates Further
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As the Lone Lawyer in the Bush Family, BigLaw Associate Hopes to Create His Own Legacy
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Is Your Law Firm's Staff Compensation Plan Fair?
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Electronic Filing Soon Will Be Compulsory in Federal Court; Nov. 1 is Third Circuit kick-off date; District Court to follow on Jan. 31
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Firms may be missing the boat with reluctance to offshore
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Judge Scolds Lawyers for Tactics in Wittig Fraud Trial
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Referral can land lawyer an unfair contingency fee
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The end is nigh . . .
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Labor of love
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Transatlantic legal traffic is all one way
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Build from the bottom -- Merging with an EU firm
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In-house: How much are you worth?
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St. Louis offers incentives to keep law firm downtown
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Steel:

Geneva Steel plan has competitors
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Top firms win roles on Mittal's $18bn steel merger
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Ormet says bankruptcy judge rejects union request
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Ormet chairman resigns, sees bankruptcy exit by year-end
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Vultures or heroes? You decide
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Retirees will get help from Keystone
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Steelworkers' aim to change insolvency laws
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Accounting:

Ernst & Young chairman hints at out-of-court Equitable settlement
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E&Y chairman says Equitable settlement possible
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Accountants warn of potential abuse of new rules
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Salaries set for double-digit growth
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Accountancy donors rally behind Bush campaign
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'Renaissance, The Tax People' Promoters Indicted for $84M Tax Fraud

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Asbestos:

NSW considers laws to pursue James Hardie compo
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Thaxton lawsuits can continue, judge rules
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Merger suggested in Metropolitan Mortgage bankruptcy case
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Pittsburgh: S&P rates city's credit as 'watch'
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Risks multiply for consumers already deep in debt in US
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New Bankruptcy Opinions
(3 new opinions today) 

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings
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Weird News
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Enron:

Jurors hear closing words in Enron barge trial
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Enron, Merrill barge deal a sham - prosecutor
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Judge denies bid to move lawsuit to Alabama court
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Adams Harkness cuts EPIQ to "market perform"
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FTI Consulting, Inc. Announces Third-Quarter, Nine-Month Results
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Locked out hockey league should declare bankruptcy, start over
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Solutia finds buyer for Seattle division
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Solutia Retirement Benefits Frozen By Bankruptcy Court
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Bankruptcy judge stalls Solutia plan
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Recent Going-Concern Statements
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Morgan Stanley joins UBS in Trump loan
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Tennessee TV maker files for bankruptcy
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UK:

Enterprising way to tackle laws on debt
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UK homeowners feel pinch as interest rates rise
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Stop persecuting and bankrupting beleaguered names says campaigner
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Lawyers sue for fees from controversial British entrepreneur Paul Davidson
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Asset strip does not make firm judgment-proof
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Canada:

Probe into Royal Group widening
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U.S. company that owns B.C. pulp mill under investigation
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New Skeena offers come in
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Korea:

Creditors to Finalize Sale of Ssangyong Motor to Chinese Carmaker
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Brazil:

Brazil police raid Kroll offices in Parmalat probe
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Thailand:

Thai TPI Polene Creditors Approve Revised Debt Plan
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Japan:

Kanebo In-House Committee Finds Accounting Fraud In Past
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Russia:

Putin Aide Warns Oil Cos May Face Back Taxes Like Yukos
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Scenario of YUKOS case not to be changed
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Argentina:

Argentina Banks Relieved By Crt Ruling, Face New Dilemma
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Kirchner Seeks To Extend Emergency Powers
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Australia:

Sun sets on depot empire
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Ireland:

Trading at failed USIT defended by Colleary
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