September 1, 2004 

Daily Bankruptcy News

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

Also available on the Web (with links to the news stories) http://bkinformation.com/News/DailyNews.htm
Prior editions available at http://bkinformation.com/bankruptcy_news.htm
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Enron:

Ex-Enron Exec Pleads Guilty to Conspiracy
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Top Enron official gets plea deal
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Enron's gaslines up for auction
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Law:

Winston & Strawn chairman stung in Hollinger report
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Pillsbury Winthrop wins IP haul from Mintz Levin
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Entry-Level Associate Salaries Continue to Remain Stable in Large Firms
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SCO Reworks Fee Agreement With Boies Firm
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Having Faith in Falwell's Law School
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Suit Against Sidley Austin Over Tax Plan Goes Forward
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In Tight Lateral Market, Law Firms Are Eyeing Partners With Promise
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Philip Morris USA wants Chicago law firm disqualified from class-action case
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Two Attorneys Hit For Luring Away Staff
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State bars revamping ad rules - Multistate firms are especially at risk
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Steel:

Georgetown Steel Co. creditors set to receive ballots this week
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Asbestos:

Australia's dying "snowmen" battle James Hardie
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Ruddock considers Dutch treaty for asbestos liability claims
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Dutch at odds with Ruddock
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Accounting:

AFC Chain Sues Arthur Andersen
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LTC Tax Ruling Casts A Long Shadow
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Improper Accounting Practices Tops Marketing Chiefs List of Ethics Concerns Facing U.S. Business
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Erpenbeck's wife files for Chapter 13
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Builder's wife goes to bankruptcy court
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Embezzlement by Bankruptcy Lawyer Can Toll Statutes
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Hundreds of Ky. Coal Miners Stage Protest
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Police Arrest Miners Protesting Bankruptcy Hearing
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Haynes International says it has emerged from Chapter 11
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New World Pasta investors appeal bankruptcy allocation
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Acclaim officers prep to file bankruptcy docs today
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Ski resort defaults on loan
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Financial Woes At Winn-Dixie Repel Investors
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Credit Dings = Insurance Woes
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Royal Olympic Cruise Lines Receives Extension to Continue Restructuring Efforts
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Family Struck Financially After Father Called To Duty
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Bankrupt logger wishes he'd quit sooner
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Airlines:

United flight attendants aim to replace CEO
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United attendants want executives ousted
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U.S. Airways, pilots still talking
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Pilots offer concessions
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US Airways, machinists break off talks on cuts
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United to squeeze more to cut costs, chairman says
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United Airlines plans extra 6,000 job cuts
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Total of four plans submitted for airline's reorganization
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Hawaiian: Last-minute plan surfaces for airline
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Low fares mean perks becoming thing of the past
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Alitalia axe hangs over 7,000 staff as bankruptcy looms
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Alitalia in emergency bankrupt talks
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Alitalia pressures unions to accept restructuring plan
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Acclaim Offices Shut Down, Bankruptcy Expected
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Corporate Reform:

Breeden report on Hollinger arrives
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The Report
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Report says Thompson, audit panel should have detected Hollinger 'looting'
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'Corporate Kleptocracy' at Hollinger
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Key Findings
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Former Hollinger International CEO and others took $400 million, says report
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Courts will clear the people attacked in Hollinger report, says Black company
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Snapshots of key players at Hollinger
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SEC urges more time to bring fraud lawsuits: newspaper
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Sarbanes-Oxley Can't Revive Dead Claims
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When It Comes to SOX, Not All Advice Is Good Advice
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Freddie Regulator Is Dealt a Blow In Brendsel Flap
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SEC to Congress: Defer to FASB on Options
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When CEO Ed Breen took over at Tyco, he fired the very board that had hired him.
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Ex-Invesco Execs Pay to Settle With SEC
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Grasso: Federal Court Suits Me
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Dollar Falls on Slump in Factory and Consumer Confidence Gauges
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Fair Grounds deal up in air
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Business incubator makes court plan Technological Development Authority reorganizing to exit from bankruptcy
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Social Security's day of reckoning
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Regulators Shut Down Phony Bedrock Bank
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No bidders for Factory 2-U
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Creditors pick up pieces from bankrupt Spokane, Wash., investment firm
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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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WorldCom Cases Pile Up
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Penthouse Completes Sale of Internet Billing to Care Concepts
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Cincinnatian plans to buy, revive Penthouse magazine
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NK Lawn And Garden Files Bankruptcy Petition
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Ruling on computer equipment firm's fate is pending in California
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UK:

Bankruptcies jump by 18pc
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UK fears as acquisitions plunge 73pc
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Extra time saves the debt victims
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Canada:

Premium Pork goes into receivership
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Men's group slams child-support plan to charge interest on late payments
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New Skeena files bankruptcy assignment to stave off CEP
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India:

Lenders First, State Later
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Taiwan:

Regulators ban use of credit cards to pay bank loans
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Russia:

Law Makes Tax Bodies Potential Owners Of Yukos Subsidiary
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Argentina:

IMF Considers Argentine Request to Delay Payments
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Protests rage as IMF chief visits Argentina
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Singapore:

Singapore's economy grows, but so do bankruptcies
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Japan:

Toothless SESC rues failure to protect investors
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Australia:

Gwalia likely to vanish as hedges fall
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Korea:

Creditors to Pick Prime Bidder for Pan Ocean Shipping Next Week
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South Africa:

MPs cannot work out what they owe, insolvency hearing told
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Fresh setback for Motala as judge rules Garveni inquiry must go ahead
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