December 21, 2004 

Daily Bankruptcy News

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

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Airlines:

Outside consultant says United's business plan feasible
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Delta CEO: Pension Relief 'Crucial' For Airline Industry
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Pilots union chief blasts Delta Air Lines
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Airline industry's rough ride may have toppled labor groups
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Expect Service With a Strained Smile As Airlines Cut Pay Ahead of Travel Rush
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Airlines' attempts to differentiate themselves make them more alike
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Clear skies expected for ATA in court today
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City must fight UAL tax suit
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Court's clock ticks on talks between United and unions
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Airline continues talks, delays 'best offer'
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Travel expert urges US Airways' frequent fliers to use their miles
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United Airline's Site Subleases are "True Leases" After All
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Steel:

Court approves process to hear creditors' claims in Stelco restructuring
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Asbestos:

James Hardie To Unveil A$1.5B Asbestos Deal
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Hardie deal 'worth $4.5 billion'
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Victims warn Hardie fight is yet to end
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Unions and victims want deal accepted
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Law:

Peterson Case Puts Courtroom Wi-Fi Use on Trial
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Trial lawyers finding a haven overseas
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Should Auld Acquaintance Forget Themselves at the Office Holiday Party
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The Kinder, Gentler Law Firm?: Attorneys Cite Progressive Practices at Their Organizations in New Survey
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Saudi Account Caused a Row At Patton, Boggs
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Corporate Reform:

Edward Jones to pay $75M to settle mutual fund investigation
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After Enron, Resistance to New Rules
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Friedman's Accused Of Consumer Fraud By Texas Atty Gen
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Martha Stewart Living's Shares Gain, Thwarting `Short Sellers'
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Fannie Mae storm swirls around CEO
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Tax havens to face new UN code on corruption
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Corporate Misconduct vs. Criminal Behavior
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UBS: Won't Speculate On Financial Implications Of SEC Probe
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$28-million fraud alleged against Philip Services executive Waxman
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Cornerstone Propane Partners Successfully Emerges from Chapter 11 at Beginning of Peak Heating Season
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Post-Confirmation Trust for Fleming Companies, Inc. Files Motion Seeking Approval for Initial Distribution of Core-Mark Stock
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Tony Erpenbeck's home to be sold
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Yukos:

Yukos awaits Russia's next move
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Yukos Threat to Sue for Assets Prompts Concern About Oil Supply
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Yukos warns of oil output crisis
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Yukos Issues Notice of Automatic Stay; Will Seek Damages Against Parties Participating in the Sale
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Yukos CEO: Sale of Subsidiary is 'Farcical'
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Russia's Newborn Giant
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Surgutneftegaz Bids for Yukos Unit
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If Surgutneftegaz really stands behind Baikalfinancegroup, it is practically immune from US court rulings
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Say It in Russian: 'Caveat Emptor'
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U.S. Says Yukos Sale Hurts Russia's Reputation
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A Clash of Views on Yukos Sale
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Khodorkovsky Lost Yukos Exactly As He Gained It
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YUKOS Slides Toward Collapse After Main Unit Sold
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Russian Consul: No Plans To Hire Counsel For Yukos Case
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Gazprom to acquire Yuganskneftegaz buyer
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Yukos says it plans to pursue damages
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YUKOS: Auction Violates Bankruptcy Stay
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Banks Say Yukos Document Discovery Moot Due To Sale
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Russian Parliamentarian On Us State Department's Statement
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Enron:

Enron Bankruptcy Advisers Seek $780 Million in Fees, Most Ever
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Dallas-based energy company tries to climb out of Enron's rubble
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Accounting:

Courts and Torts: Tax-Shelter Shocker
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KPMG partner joins royal household
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KPMG Audits of FNMA Probed
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Tax Pros Face New Ethical Standards
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Fannie Mae: Setback for KPMG
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Everything on the Table for Tax Reform
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Ryder System might owe $240 million to the IRS
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Footstar Dismisses KPMG As Independent Auditor
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Firm wants to restart racing
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Handling Tenant Bankruptcies in a Shopping Center: Navigating Real Estate Issues in a Bankruptcy Context
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Allegheny Child Care emerges from Chapter 11
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Chevys sale approved by court
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Think Again, Inc. Files Chapter 11 Bankruptcy
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Bankruptcy not the stigma it was
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The MIIX Group Announces Bankruptcy Filing
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Halliburton sought to trim care for 4,000 retirees
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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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In the Third Circuit, Good Faith Means Something
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State awaits closure plan from N.Y. United Hospital
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Trump tenants: Fired up
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GAO: Medicare becoming bankrupt
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Australian Ethanol Says Can't Meet US Plant Fund Deadline
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Oregon-based timber company Crown Pacific closes; sold mills to Canadian firm
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Kmart lawsuit proceeds
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'spawn' Creator's Biz, Long Balls Losing Value
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Banks screen out unwanted clients
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Small charities struggle despite upturn in economy
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CEO turnover may yield instability at Winn-Dixie
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Monsanto Sees Lower Costs Related To Solutia
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UK:

MyTravel cuts deal with bondholders
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MyTravel pulls off last-minute deal
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Fewer businesses go bust in 2004
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Fewer firms set to fail in 2005
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Israel:

Club Hotel feud moves on to partners' credit card squabble
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Canada:

Court approves $2.5M sale of Octane Energy's pipeline maintenance business
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City facing extra $1m Skeena hit
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Singapore:

Shareholders Urge CEO to Return Wages
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Argentina:

Fresh hope after Argentine crisis
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China:

China may bail out Guangdong Development Bank
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Korea:

LG Group rejects LG Card bailout plan
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LG Card Creditors Eye Cash Buyout After LG Group's Opposition
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Creditors Accuse LG Group Chairman of Insider Trading
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Hyundai Merchant concludes accounting probe
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Creditors reject sale of Inchon Oil to Sinochem
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Japan:

S&P warns participation in rescue of Japan retailer Daiei could harm ratings
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