December 2, 2003 

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)  at: http://bkinformation.com/News/DailyNews.htm

Prior editions available at http://bkinformation.com/bankruptcy_news.htm
Search prior headlines at http://bkinformation.com/PriorEditionsSearch.html

         
Steel:

Bush to end steel import tariffs to avert trade sanctions, aide says
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Tariff Repeal May Cost 30,000 Jobs: Big Steel
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WCI: Action could backfire
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End of tariffs unlikely to hurt US steelmakers
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U.S. steel producers want word with Bush
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Steel Maker's Managers to Get Millions if Fairlawn, Ohio, Firm's Assets Sold
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Slater Steel's bankruptcy protection extended to Jan. 30
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Investor forges tie with Steelworkers
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Republic auction results to be finalized tomorrow
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Enron:

How Enron cosied up to its 'best bank'
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Creditors get permission to sue related defendants
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2 years later, most Enron survivors back on feet
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2nd Year Anniversary Gathering Sponsored by Severed Enron Employees Coalition
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Enron to auction headquarters building
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Going Once ... Enron to Auction Houston HQ Building
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Corporate punishment postponed
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The Anti-Enron
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Signs Of Distress Deepen As Jeans Maker Levi Strauss Replaces CFO With Turnaround Specialist
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Levi aims to tailor a turnaround
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Accounting:

Cablevision restates earnings in 5 quarters
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Energy:

Refinancing No Panacea For US Merchant Energy Cos
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Bankruptcy Reform:

Senate passes Chapter 12 extension
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Radio Unica to dismiss workers
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Bankrupt photographers' customers gain challenge time
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Americans without food or healthcare
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National Finance: Letters tell judge of good deeds
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Pittsburgh-Based Chain Makes an Offer to Big Bear Grocery Stores
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SIPC Names Stephen P. Harbeck as New President and CEO
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Trio tries to reopen bankrupt Deaconess hospital
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Judge approves settlement St. Francis' debts
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Ex-Slatkin Associate Is Sentenced in Scam
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Vanguarde titles up for grabs
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  Asbestos:

A deal for asbestos victims
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USG wants judge out in its bankruptcy ; Joins others in claiming he can't be objective in asbestos litigation
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Airlines:

Good times may hurt Delta Air; pilots likely to reject concessions
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Air Canada bid in jeopardy
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Jet fuel suppliers' fingers burned
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Airlines poised to trade up on comfort
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Avianca's losses top $3 mln in pilot protest
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Law:

Law Firms Gave Advice on Funds' Late Trading
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Thousands Left in Limbo as British Injury-Claims Firm Fails
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Former Nextel Workers Fight against New York Law Firm
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Fraser Milner Casgrain LLP launches HotSpot for clients
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Software and devices that are not just neat, but truly useful
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Juggling act - Balancing Rising Workloads Chief Concern for Lawyers, Survey Shows
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Skadden Arps First to Announce Associate Bonuses
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Firms Plan on Hiring More Summer Associates
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Blogging: One Firm's Experience
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Large Firm Cuts Partner Ranks by 10 Percent
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Milberg Weiss Takes Another Hit in WorldCom Litigation
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State Replaces Lawyers With Software, Paralegals
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Manhattan Fedl Courthouse Begins 'Paperless' Era Tuesday
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Identity-theft bill awaiting Bush's OK
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Credit Lyonnais-Executive Life Deadline Looms
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Corporate Reform:

Civil charges expected to hit Invesco Funds any moment
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Some Agree to Quit HealthSouth’s Board
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Financial Experts Look at Mutual-Fund Trading Scandals
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Companies Look Harder, Find More Fraud
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Supreme Court Hears Oral Argument In Bankruptcy Appeal
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Broadway Texas seeks Chapter 7 bankruptcy
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Vulture funds' 2003 gains to slow in 2004
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Armstrong World Industries in Pay Dispute with Texas Turf Firm
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Convent Station manufacturer declares bankruptcy
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New Bankruptcy Opinions
(2 new opinions today) 

Bankruptcy Court Web/Pacer Site Directory

Weird News
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Internationally Renowned Bankruptcy Attorney Joins Saul Ewing LLP
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Mississippi Chemical Announces Agreement for Sale of Potash Assets
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FTI Consulting Completes Acquisition of Lexecon from Nextera Enterprises
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Ten Tips on Collecting from the Federal Government
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Ventura: U.S. officials seek to end Willingham bankruptcy
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Amid record numbers of filings, bankruptcy fees increase
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UK:

'Resilient' North sees fewest insolvencies
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Administrator buys DIY chain in £1 deal
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Drax sticks to original plan
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Australia:

Spruiker denies profiteering intention
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Kaye faces angry investors
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Pasminco keen to refloat
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Pasminco bid 'opportunistic'
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Fears Kaye will flee as new firm is targeted
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Korea:

S Korean credit card debts swell
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Watchdog reveals losses in Korean card companies
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Japan:

US firm Colony set to buy Japan assets from Daiei
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State seizes Ashikaga Bank shares
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Bank discipline is stepped up in Japan
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Govt seeks new execs for Ashikaga
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Takefuji's Chairman Is Arrested In Widening Wiretapping Scandal
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Canada:

Over 6,000 Canadians Will Go Bankrupt This Holiday Season
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Thailand:

Govt wants debts of poor restructured Lenders must absorb losses or face checks
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Argentina:

Argentina to face more pressure over write-off
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Creditors accept Hipotecario's US$1.2bn debt swap offer
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Indonesia:

Indonesia Plan To Offload APP Debt May Hurt Restructuring
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