April 30, 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)  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

         
Airlines:

Airlines flying high again
(DBN Subscription Required)

United parent's loss much smaller
(DBN Subscription Required)

Five Major U.S. Airlines Post First-Quarter Losses
(DBN Subscription Required)

US Airways digs in to fight Southwest in Phila.
(DBN Subscription Required)

Alitalia awaits govt move as strike grounds fleet
(DBN Subscription Required)

Talks to save strike-bound Alitalia
(DBN Subscription Required)

Air Canada scores an extension to critical financing agreement
(DBN Subscription Required)

Origin Pacific boss hopeful bailout plan will get backing
(DBN Subscription Required)

Origin Pacific Airways Seeks Delay to Debt Payment
(DBN Subscription Required)

Airzim Ordered to Come Up With Turnaround Strategy
(DBN Subscription Required)

New hope for United base
(DBN Subscription Required)

_____________

Law:

After Wilmer-Hale Merger, Who's Next?
(DBN Subscription Required)

Businessman under scrutiny sues law firm
(DBN Subscription Required)

Judge Backs I.R.S. in Law Firm/Tax Shelter Case, Then Accepts Request for a Stay
(NYT: separate free registration required)

Tobacco Company, Government Wrangle Over Lawyer's Memo
(DBN Subscription Required)

Judge Tosses Suit Vs. Titanic Scavenger
(DBN Subscription Required)

Lawyers, Firms Get Top Honors From The American Lawyer Magazine
(DBN Subscription Required)

Altheimer & Gray's ex-chief finally has a firm plan
(DBN Subscription Required)

Slow & Steady Growth in Boomtown
(DBN Subscription Required)

Wilson Sonsini and Simpson Thacher scoop $2.7bn Google float
(DBN Subscription Required)

Untouchable lands at Kirkland & Ellis
(DBN Subscription Required)

Minneapolis Law Firm Expands Nationally
(DBN Subscription Required)

WTC Attack 'One Event' for Most Insurers
(DBN Subscription Required)

Latham suffers rare partner departure as Sidley Austin swoops
(The Lawyer: separate free registration required)

Judge Convicted For Blowing Up His Apartment in Suicide Attempt
(DBN Subscription Required)

_____________

Enron:

Fastow to plead guilty to single reduced charge
(DBN Subscription Required)

Enron's Lea Fastow to Plead Guilty to Reduced Charge
(DBN Subscription Required)

Nevada delegation seeks FERC hearing into Enron
(DBN Subscription Required)

Prosecutors step up Skilling fight
(DBN Subscription Required)

Don't hit Skilling with $2M bond increase after drunken scuffle, lawyers urge
(DBN Subscription Required)

Accused execs shouldn't drink
(DBN Subscription Required)

Ratepayers Give Oregon Utility Panel Reasons to Deny Electric Company Sale
(DBN Subscription Required)

Carlyle group gets Enron pipeline
(The Deal: separate paid registration required)

________________

Accounting:

Lawmaker concedes to FASB
(DBN Subscription Required)

SEC Probes Bally; CFO Resigns, Returns
(DBN Subscription Required)

______________

Energy:

Judge OKs NEG reorg plan
(The Deal: separate paid registration required)

________________

Music stores hit sour note
(DBN Subscription Required)

Correctors of credit take on top agencies
(DBN Subscription Required)

Winston-Salem lawyer tapped as bankruptcy court judge
(DBN Subscription Required)

'Penthouse' profits may help charity
(DBN Subscription Required)

Wellness & Learning Center Owners File Chapter 7 Bankruptcy Petition
(DBN Subscription Required)

Interplay faces bankruptcy as debts continue to mount
(DBN Subscription Required)

  Cooker restaurants close, 1,500 lose jobs
(DBN Subscription Required)

Cooker’s end elicits sorrow, surprise
(DBN Subscription Required)

Women First Files for Chapter 11 Bankruptcy
(DBN Subscription Required)

Delaware Bankruptcy Court's Rulings Threaten Use of 'Lockup Agreements' in Prenegotiated and Prepackaged Plans
(DBN Subscription Required)

Asbestos:

Sen. Frist sees more asbestos talks next week
(DBN Subscription Required)

__________________

Steel:

Steelworkers plan vast protest
(DBN Subscription Required)

International Steel Group posts $70.9 million profit for 1st quarter
(DBN Subscription Required)

Stelco study says collapse would devastate economy
(DBN Subscription Required)

ISG, Weirton head back to court over sale
(DBN Subscription Required)

Shifting Stelco pensions to govt. a 'quick fix' but no solution, union says
(DBN Subscription Required)

_______________

Telecoms:

Meltdown at Nortel
(DBN Subscription Required)

Nortel Networks Faces Challenges in Getting Back on Track
(DBN Subscription Required)

STT ready to back Global Crossing
(DBN Subscription Required)

MCI warns 2004 revenue may fall 20%
(DBN Subscription Required)

ST Telemedia to bail out US unit
(DBN Subscription Required)

MCI, NextWave prove bankruptcy can be good business
(DBN Subscription Required)

Telewest Files For Protection From US Creditors
(DBN Subscription Required)

_____________

Economy:

Greenspan faces task of raising rates without hurting recovery
(DBN Subscription Required)

_______________

Corporate Reform:

Govt. Witness Says Adelphia Lied to Investors
(NYT: separate free registration required)

Ex-HealthSouth CEO Appeals to Higher Court
(DBN Subscription Required)

Key Witness Brown Takes Stand In Rigas Trial
(DBN Subscription Required)

Four ex-HealthSouth officials will be sentenced before Scrushy's trial
(DBN Subscription Required)

HealthSouth Ex-CEO Seeks Rehearing Of Lawsuit Appeal
(DBN Subscription Required)

Ex-HealthSouth VP Pleads Guilty In Bribery Case
(DBN Subscription Required)

Corporate Reforms Impose New Liabilities For Corporate Directors And Professionals
(Martindale: separate free registration required)

____________

Gateway says it will cut 1,500 more jobs
(DBN Subscription Required)

Dow Chemical plans to cut 3,000 more jobs this year
(DBN Subscription Required)

CashPoint:

New Jersey Banking Department Issues Warning about CashPoint Bill-Pay Service
(DBN Subscription Required)

Downfall of New York City-Based Financial Company CashPoint Remains a Mystery
(DBN Subscription Required)

CashPoint enters Chapter 7
(The Deal: separate paid registration required)

_________________

Mel B's Company 'near Bankruptcy'
(DBN Subscription Required)

Interplay On Verge Of Bankruptcy?
(DBN Subscription Required)

Daimler Chrysler goes into tailspin
(DBN Subscription Required)

Comcast hints Adelphia may be its next target
(DBN Subscription Required)

MediaBay Announces New Senior Debt Facility, $8.6 Million in Proceeds and Balance Sheet Restructuring
(DBN Subscription Required)

Rowe Pottery May Have A Buyer
(DBN Subscription Required)

Beloit Corp. Workers Still Fighting For Severance
(DBN Subscription Required)

Court Moves Sacramento, Calif.-Based Coffee-Shop Chain into Liquidation
(DBN Subscription Required)

Ranch to go up for bankruptcy auction
(DBN Subscription Required)

 

New Bankruptcy Opinions
(1 new opinion today) 

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings
(DBN Subscription Required)

Weird News
(DBN Subscription Required)

Michael Biehn Sued by Production Company
(DBN Subscription Required)

14 Chi-Chi's hepatitis claims settled in first mediation sessions
(DBN Subscription Required)

Reliance Group Creditors File Ch 11 Turnaround Plan
(WSJ: separate paid subscription required)

Trump Resorts may skip interest payment -- Bankruptcy protection likely to be filed in May
(DBN Subscription Required)

Trump Casinos To Pay 11.25% Notes Interest By May 30
(WSJ: separate paid subscription required)

Kum & Go Bids For Bankrupt Git-n-Go Stores
(DBN Subscription Required)

Sure Fit Files for Chapter 11
(DBN Subscription Required)

US Lawmakers Step Up Criticism Of Regulators On Riggs Bk
(DBN Subscription Required)

Hytek Microsystems Has Going Concern Qualification
(DBN Subscription Required)

Applebee's Acquiring Six Ground Round Restaurant Sites
(DBN Subscription Required)

Judge to Decide Fate of Eastern Pulp
(DBN Subscription Required)

Consent Deadline Looms In HealthSouth-Bondhldr Stalemate
(DBN Subscription Required)

FTI's income falls
(The Deal: separate paid registration required)

FTI Consulting, Inc. Announces First-Quarter Results
(DBN Subscription Required)

UK:

Financial breather for Leeds
(DBN Subscription Required)

Brodies announces a switch in status to limit partners' liabilities
(DBN Subscription Required)

_______________

Japan:

Mitsubishi management lack 'sense of crisis', says investors
(DBN Subscription Required)

Mitsubishi Motors Picks Okazaki as CEO to Lead Rescue
(DBN Subscription Required)

Japan's government faces backlash over pension scandal
(DBN Subscription Required)

Shareholders angry as Mitsubishi Motors picks new CEO for survival
(DBN Subscription Required)

_________________

Russia:

Ex-Bankruptcy Chief Gunned Down
(DBN Subscription Required)

Hitman kills Putin's ex-bankruptcy boss
(DBN Subscription Required)

_______________

Argentina:

IMF's Argentine private creditor stance is at issue
(DBN Subscription Required)

______________

Canada:

TransCanada Wins Auction for Gas Transmission Northwest Pipelines
(DBN Subscription Required)

ObjectWorld hits hard times, bought up by new Ottawa venture
(DBN Subscription Required)

KnightHawk announces final agreements with its secured lenders
(DBN Subscription Required)

Court OKs sale of Veltri's unit
(The Deal: separate paid registration required)

_______________

Indonesia:

Prudential arm wins reprieve in court wrangle
(DBN Subscription Required)

Indonesia Prudential Allowed To Reopen As Appeal Underway
(DBN Subscription Required)

Boediono dismisses Prudential bankruptcy case
(DBN Subscription Required)

_______________

New Zealand:

Ridge creditors fail in bid to change the liquidator
(DBN Subscription Required)

______________

Bosnia:

Bosnian bankruptcy laws spark protests
(DBN Subscription Required)

_______________

South Africa:

Liquidations surge 32.6%
(DBN Subscription Required)

______________

Please note that the Daily Bankruptcy News is primarily a news link gathering service.   This means that most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not the Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. 

The DBN subscription fee for access to certain links is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use.

If you received the Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here, or by going to BKINFORMATION.COM and clicking on the Bankruptcy News button.  Note that the Daily Bankruptcy News is distributed via "HTML email" in which the links to the news stories are embedded in the headlines.  The email you receive should look like a 3-column newspaper, with headlines for each story. If you receive the Daily Bankruptcy News by email and the copy you receive is not formatted like a 3-column newspaper, or does not seem to contain links to the news stories, you may have an email client that is not capable of receiving HTML email, or is not configured to display such email.  You can however, receive a daily email notifying you when the Daily Bankruptcy News is updated on the web site. If you would like to receive such an email, please let us know at admin@bkinformation.com.

You can search the headlines from prior editions of the Daily Bankruptcy News by clicking here.

Advertising
Advertising is available in the Daily Bankruptcy News in a variety of places, formats and prices. Go to http://bkinformation.com/DBN_ADs.htm  for a list of choices.  Feel free to contact us with any questions.

Passwords
Access to certain links in the Daily Bankruptcy News is available only to readers holding a paid subscription
.  These links are currently marked with a "DBN Subscription Required" notation. The cost of a subscription is $45/year, payable annually.  Volume discounts are available for sites with multiple users.  Complimentary subscriptions are available for full-time  educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us at admin@bkinformation.com. A separate password is required for each member of a firm wishing access to restricted links. New readers can receive a free password good for 30 days by going to http://bkinformation.com/RegistrationForm.cfm. Readers who wish to change their passwords should go to http://bkinformation.com/ChangePasswordForm.cfm. Readers who have forgotten their password should go to http://bkinformation.com/GetPassword.cfm

Adding Your Email Address To The Distribution List
If you would like to start receiving the Daily Bankruptcy News by email each day, go to http://bkinformation.com/SubscribeDBNForm.cfm  and fill in the information requested.  There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us at admin@bkinformation.com for help.  

Removing Your Email Address From The Distribution List
If you already receive Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear.  Note that the email must be sent from the same email address at which you are receiving the Daily Bankruptcy News. You do not need to type anything in the body of the email message.   If you do not receive an email confirming deletion of your email address from the distribution list  for the publication, contact us at admin@bkinformation.com for help.

Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C.  You can reach us at 281-242-6208 or at admin@bkinformation.com