October 5 , 2004 

Daily Bankruptcy News

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

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Ex-Brobeckers Having Trouble Keeping Their Lawyers
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Airlines:

United's pension woes: sign of bigger issue
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ATA attendants to vote on pay cuts
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Some fliers bailing out on ailing US Airways
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US Airways Announces Management Pay Cuts
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Struggling US Airways still member of the big league
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US Airways pilots waiting to vote
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Bankrupt St. Louis-Area Great Plains Airlines Tries to Sell FAA Certificate
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Travel site deal to net windfall for Delta
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President Resigns From Delta's Discount Airline
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Departure of Delta's Song Unit Boss Stirs Questions
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Delta Gives Pilots 'Weeks' To Ink Deal,Avoid Ch 11
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Delta Op Head: No Guarantee Pilot Deal Will Avert Chap 11
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AirTran CEO says fuel costs may ruin some carriers
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Ace Aviation shares take flight
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Air Canada rises from ashes -- up 24 per cent on first trading day
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Bankruptcy court approves Hawaiian deal with Boeing
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New carriers poised to enter US market
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Corporate Reform:

The SEC Flexes Its New Muscle
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Martha Stewart's protection in prison an issue
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Tax shelters target of political attacks
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Freddie Mac Shuts Bond Broker Business
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Money to Repay Investors Hurt by Fraud Barely Touched
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Fired CEO Conway takes away a bundle
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U.S.: Quattrone Should Go to Prison Now
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The corporate-governance problems at Fannie Mae are deeper and wider than is generally believed
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Accounting:

Drop in Number of Wealthy Who Owe Taxes
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Managing Partner Dies Just Days after Firm Merger

Greenspan Worried Congress to Bar Options Expensing
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IRS Halts Employment Tax Scam Involving Employee Parking
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State Supreme Court Reprimands Bankruptcy Attorney
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Wedding World enters Chapter 7 bankruptcy
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Evergreen distributes first $13M installment
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PBGC to take over Kaiser's pension plan
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PBGC To Assume Control Of Fruehauf Worker Pensions
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Colorado: Arrest made in alleged wine scheme
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Michigan-Based Auto Supplier Gets Commitment for Up to $60 Million in Credit
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Fate of President on Admiral could be set by auction
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Station Casinos mulls options with purchase of Castaways
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Court OK's Ha-Lo deal with insurer
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Pension Failures Foil 6-Figure Retirements, Too
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Netting provision in 9/11 Report legislation
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Enron:

Ex-Enron accountant bolsters defense case
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Ex-Enron treasurer Glisan could testify today
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Fastow may take stand
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Steel:

Stelco CEO calls on former judge for help after union issues strike notice
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Law:

White & Case and client face contempt of court charge
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Accounting scandal pushes CA into restructuring its legal group
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First, Let's Hire All The Lawyers
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Senior NY Partner, Personal Lawyer of Teresa Heinz Kerry, Switches Firms
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Some applaud stronger Rule 11, while others fear more satellite litigation
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What's Up With That Associate on "The Apprentice?"
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Kirkpatrick puts new admin partner in SF office
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Considering Alternative Billing Arrangements
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Suspended Prosecutor Says He Was Victim of Schoolyard Taunts in Court
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In Plain Sight -- How did a firm with hundreds of legal and lobbying professionals not see what was going on with their controversial partner?
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Judge Gives Law Firm OK To Use 1-800-PITBULL In Ads
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High Crt Rejects New State Farm Punitive Damages Appeal
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The Future Law Office: Going Virtual
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Four Philadelphia Law Firms Raising Entry-Level Salaries
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Taking on the banks: Texan firm offers hope
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Scalia's Jokes Raise Eyebrows
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Lawyer Lives Up to $625 Hourly Rate
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Company braves its lawyers' wrath over online bidding for legal gigs
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When Big Law Firms Trip Over Their Own Clients
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Wilson Sonsini Goodrich & Rosati Expands Its New York Presence
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Top NY Firm Announces Extra Bonuses for Associates
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Telecoms:

Norvergence victims get an ally - in Texas
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Chairman Loans Connecticut Telecom Firm Another $250,000
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Citigroup, JPMorgan and BOA settle Alabama WorldCom suit
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Touch America creditors to be paid -- General unsecured creditors will receive between 19 and 65 cents on the dollar
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Ewing starts $1B fund looking for poorly performing companies
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Schwab cuts online commissions, warns of revenue drop
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Kmart has fresh retail plan at last
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Brokerage firms win millions against rivals over personnel raids
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Carolina Investors: Potential jurors in Morris fraud trial told to report in November
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Solutions for debt crisis go far beyond tinkering
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Kaiser closes on sale of refinery, mining operation
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What Schlotzsky's' Bankruptcy Teaches Marketers
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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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Why Second Lien Investors Are Thinking Twice About Bankruptcy Voting Restrictions
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Tyson to repay $37 million
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Recent Going-Concern Statements
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The Multiple Influences On LBO Multiples
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Cities grab money, suffer in image selling ballpark names
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Credit Cards Blamed For Rise In Bankruptcy Among College Students
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Asbestos:

Bankruptcy at Owens Corning enters fifth year; tab at $330M Ruling expected soon on bank creditors' claim
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Former D-Day memorial director's fraud case goes to jury
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What You Should Know About Appraisal Values In A Changing World Economy
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Bankruptcy Reduces Chances Kaufman's Will Ever Reopen Doors
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Priests react to bankruptcy warning
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UK:

Anguish goes on for bond victims
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DWS left shellshocked as eleven partners defect to DLA
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What happens when a bankrupt's house has negative equity? This year's changes to the Insolvency Act provide the answer
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Subordinated debt clause in a deed of indemnity did not infringe the pari passu rule
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EU:

Two years on since new EU-wide insolvency laws were introduced, cherry-picking your jurisdiction for insolvency is increasingly tough
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Italy:

Judge Indicts 2 Former Parmalat Auditors
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Parmalat auditors to stand trial
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Bondi and Goliath
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Parmalat fraud hearings open
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Hearing in Parmalat Fraud Case Set
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Canada:

Bargain hunter found to buy Buck or Two owner Denninghouse franchise stores
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Royal Bank of Canada seen taking charges
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Russia:

What Will The Authorities Do With The Yukos Subsidiary?
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YUKOS shares rise 16 pct on Yugansk value report
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South Africa:

Companies see decline in customer liquidations
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Australia:

Corporate insolvencies up 8%
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Japan:

IRCJ to stop accepting new projects in March
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Korea:

S Korea SK Hopes To Wrap Up SK Life Sale As Early As Oct
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