December 4, 2003 

Diamonds Regain
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Conseco legal fees massive
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CFS: Credit Company Co-Founder Acquitted
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Adelphia Business Creditors to Try New Recovery Strategy
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Enron:

Examiner has had enough of Enron
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Post-Enron progress lags
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Enron Tower Is Sold to a Houston Group
(NYT: separate free registration required)

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Steel:

Bush to End Steel Tariffs, Mulls Pension Protection
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Bush administration to lift steel tariffs imposed in '02
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Removing tariffs 'will not damage US'
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Rouge Industries Announces Court Approval of Severstal as Stalking Horse
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Administration looking for ways to help steel industry if tariffs are lifted
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Law:

Major British firm set to axe 20 UK partners
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Another British firm plans to cut 30
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The Human Touch
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The meek shall pay lawyers too much money…
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All eyes on US after Skaddens bonus freeze
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Bass Berry & Sims adds 20 attorneys to firm
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Sidley made $15 million from ‘cookie cutter’ opinion letters
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Survey: Costs drive decisions on outside counsel
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In House: Too much of a bad thing
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CART considering bankruptcy
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CART sale off, leaving future less certain
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Whole Foods Markets Enters Bidding for Big Bear Supermarket Chain
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Anxious workers wait results of Big Bear auction
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Energy:

More Restructuring Proposals for PGE Unit Expected
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Seitel wants auction to end dispute
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Judge delays Berkshire's purchase of Seitel
(The Deal: separate paid registration required)

PG&E Prepared to Resume Critical Roles with Chapter 11 Exit
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S. Dakota PUC gets involved with NorthWestern
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NorthWestern official cautions Mitchell against municipal utility
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Utility PG&E on track to exit bankruptcy at end of Q1 2004: CEO
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Acquisition by Danielson to Help Energy Company Out of Bankruptcy
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Judge may lift veil on bid
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Snecma Seeks Permission to Sue Air Canada Over $100 Mln Loan
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Cara signs new meal deal with Air Canada
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Air Canada, Cara renew deal
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Cerberus's tactics may have tilted Air Canada bid
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Goldman May Own 10% of Air Canada in Backing Li Bid
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Connecticut Suitor for Midway Plans Few Changes
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Rival Union Gains Signatures of Disgruntled American Airlines Mechanics
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Delta's pilots' union offered a 9% cut in wages
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Intentions of Hawaiian Air trustee questioned
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An era of shaky job security for CEOs
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The Terminator
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FAO:

Saks May Make a Play for FAO
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Grinch brings bankruptcy to owner of FAO Schwarz
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Telecoms:

Charlotte, N.C.-Based Firm US LEC Tops Bidding for Bankrupt Allentown, Pa., ISP Fastnet
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McCaw resigns from Nextel board, to go back to 'fixing things'
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Claims Against WorldCom's Directors Denied
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Corporate Reform:

SEC votes to eliminate late trading
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Denver Ponders Invesco Name on Bronco's Stadium
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Who Wants to Be the CEO?
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Accounting:

Audit chief says some firms have not paid up
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Study Casts Doubt on U.S. Corporate Profits
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Phoenix bankruptcy attorney leads Hispanic Bar
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DIP Dimensions: Covanta Energy Corp.
(The Deal: separate paid registration required)

Burger King Workers Get Paid after North Carolina Franchisee Goes Bankrupt
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Letter from Delaware
(The Deal: separate paid registration required)

Erie tech school files for bankruptcy
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Slatkin Investors Seek to Curb Bankruptcy Case Fees
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U.S. companies are racing to issue new bonds
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Core buys 127 Burger King franchises from AmeriKing
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Some consumers trapped by low rates
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New Bankruptcy Opinions
(1 new opinion today) 

Bankruptcy Court Web/Pacer Site Directory

Weird News
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Financial Firms to Pay $90 Million for Looted Trust Funds
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Asbestos:

Solutia Pulls Back on Settlement Payouts
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Solutia's struggles could force bankruptcy
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Solutia Pulls Back On Settlement Payouts
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Former Solutia CEO Asked SEC To Stop Shapiro Nomination
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Armstrong World Industries Postpones Vote after Bankruptcy Court Delay
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Harvey Miller: Liquidations set to rise
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Ex-Nassau Economic Boss in Bankruptcy
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Omaha: Research lab to file for bankruptcy
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Armor Metal owner to buy Cintech out of bankruptcy
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Congress Seeks to Ease Pension Woes
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Reunion Industries Announces New Loan Facilities and Restructuring of Senior Notes
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Key Decisions Scheduled In Emerald Casino Saga
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More Infinia Nursing Facilities File Bankruptcy
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Bankrupt Cemetery Goes To Highest Bidder
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UK:

Budge's last pit runs out of money
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Leeds saved - for now
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Administrators appointed to W E Berry Ltd
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Canada:

Enron lawsuits target Canada's big banks
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Towns can keep but not sell New Skeena assets
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Germany:

German 2003 Corporate Insolvencies Rise to Highest in Decade
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Korea:

GM eyes S Korean car manufacturer
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Australia:

Property spruiker to give up his passport
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China:

China Prods Its Consumers To Use Plastic
(WSJ: separate paid subscription required)

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Argentina:

Bondholders ask Argentina for 65 cents on dollar
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Russia:

Yukos Receives a Copy of $5Bln Tax Ministry Letter
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