August 26, 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:

Citigroup Sued Over Notes Linked to Enron's Credit Status
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Citigroup sued by Bank of New York over Enron
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Former Enron investor relations head enters plea
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Ex-Enron executive pleads guilty to aiding fraud
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Enron tapes: High-powered hi-jinks
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Law:

Downsizing On-Campus Interviews
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Brobeck partners' firm Pachulski knocked-out of Clifford Chance law suit row
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US firms win as ABN Amro goes off-panel
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Kilpatrick Stockton to open in New York, adds partners
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Linklaters boosts NY
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Washington DC firms have been taking a steady approach towards expansion
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UK lawyers resist offshoring drive despite three-year commercial slump
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Metadata a Major Factor in E-Discovery
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How corporate counsel can plan ahead for media crises
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Cravath tops Vault partnership poll
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Best of the UK law firm web
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The Pope
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Weil's Santa
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Tricks of Info Theft Prevention
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UK: Fanning the flames of conflict
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NY Firm Beset by Distractions Slammed by Judge Over Procedures
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Who is best placed to judge the judges?
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The role lawyers play in politics in Washington DC
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General counsel poll ranks budget fears at bottom of pile
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Telecoms:

More Executives Exit At Z-Tel
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Energy:

Bankruptcy schedule for utility is revised
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NorthWestern Corp. Emergence from bankruptcy delayed
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NorthWestern's future starts this week
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Keeley Takes Risks on Distressed Companies to Gain Top Returns
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Utah: Granite Furniture perch is precarious
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5 Tips: Debt at different life stages
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Brando's Estate Proves Heir-splitting
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Crisis looms in funding for U.S. corporate pension plans
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WBC settles dispute to avoid collapse
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Pittsburgh: Greensburg County Club files for bankruptcy
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Adelphia reports $36.4 million loss in July
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Ampal-American Israel Corporation Expects to Receive Proceeds of Approximately U.S. $10 Million In Connection With the Sale By PSINet Europe of All of Its Assets for U.S. $112 Million
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Airlines:

Airline execs call for hearings on fuel prices
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Union, US confer on United pensions
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U.S. Expresses Concern About UAL Pensions
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Cities Move to Halt UAL Deal With Oakland
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What could happen if UAL offloads its retirement plan on the feds?
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Robert Milton's new Air Canada
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Lawsuits fly over fees adopted by Northwest
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Hawaiian Airlines' July Traffic Rises 1.6%
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It's all up in the air for travelers
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New President Named to American's Flight Attendant Union
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Northwest, Sabre sue each other over airline's new fees, Worldspan threatens action
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Italy turns up heat at Alitalia
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ATA denies plans to exit Chicago Midway airport
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Report names Southwest as possible buyer of struggling ATA
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Colombia's Avianca to Seek Creditor Votes on Bankruptcy Plan
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Money flies back into jet-leasing market
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Asbestos:

Companies hoard cash piles to pay debt, asbestos-related claims
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Steel:

Pension claims rise for bankrupt Georgetown Steel
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Some hospitals asking patients to pay before treatment
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Economy:

Oil falls $1-a-barrel as gasoline prices slide
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Factory orders finally shake off doldrums
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Reports Show a Mixed View of Economy
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Corporate Reform:

In Wake of SOX, Questionable Theories of Criminal Liability Surface
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Worldcom exec seeks trial move
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Worldcom to pay $50 mn to settle suit
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Ex-WorldCom CEO Ebbers Seeks Mississippi Trial
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For Mutual Funds, First the Slap. Now Comes the Pinch
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SFMB clear to liquidate -- Unsecured creditors of the holiday gift retailer will get 3.6 to 3.8 cents on the dollar
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ATX creditors balk at sale
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Riggs Bank: End of an era
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International Wire reorg OK'd -- Unsecured note holders will receive 96%
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Investors say TECO hid risks of ventures
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Supermodel Agency Elite New York Sold to Trump Group
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New Bankruptcy Opinions
(2 new opinions today) 

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings
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Weird News
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WBC Says It Is Saved by Settlement
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DVI seeks halt to probe of advisers
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Creditors asking judge to reject plan for consultant to reopen S.P. hospital
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U.S. Chamber to Fund Attacks on Edwards, Trial Lawyers
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Bankrupt supermarket chain wants out of stadium name deal
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Acclaim closer to NASDAQ delisting
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Acclaim Clings to Last Hope in Face of Bankruptcy Threat
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Gaming company says bankruptcy is a possibility
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UK:

Thatcher's son arrested in alleged coup plot
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Maxwell's son in court over debt
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Maxwell Bankruptcy Petition Dismissed
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UK: Confidentiality - Should Privilege Exist?
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Ayr United on brink of bankruptcy
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Canada:

Local bankruptcy rate jumps in June
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Go, tax man, go
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Denninghouse store closing sales commence
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Russia:

Yukos: Court Dismisses Challenge
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YUKOS is to remain an integral, operable company
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Moscow group throws new lifeline to Yukos
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South Africa:

Banks dispute liquidation impropriety
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Manpower key to policing liquidations industry
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India:

Dabhol's lenders discuss debt issues
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Govt takes a health check of weak banks
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South Korea:

S&P Retains 'Stable' Outlook on South Korean Banks
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Japan:

Daiei must seek IRCJ help: SMFG chief
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Czech Republic:

Senator takes aim at repeat bankruptcy
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Getting away with it?
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Lawyers Defend Auctioning House for $168 Debt
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