December 3, 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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Retailing:

Stores seek Wal-Mart holiday tonic
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November retail falls short for all sectors
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Asbestos:

Appeals court rejects ABB Ltd.'s $1.2 billion asbestos settlement plan
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ABB Confident Extra Asbestos Costs Won't Be Substantial
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ABB sees asbestos issue taking months to negotiate
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ABB's Asbestos Plan Rejected By US Court
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Combustion Engineering plan overturned
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ABB stock tumbles after US court decision
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ABB shares fall on court verdict
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Halliburton shakes up its top ranks
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Hardie makes more compensation available
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Asbestos Claims Study in Owens Corning Case
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Armstrong Hldgs Sees $5.7M In 4Q Restructuring Charges
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Enron:

For 114, a time to watch, wait on Enron case
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Trading investigation should pursue bigger fish
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Sierra Pacific says barred from Enron hearing
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U.S. Bankruptcy Court Assumes Jurisdiction in Enron, Sierra Pacific Resources' Dispute
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Accounting:

The accounting firms of Ernst & Young and PriceWaterhouseCoopers are under suspicion for poor auditing
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Economy:

The pace of hiring slowed sharply last month
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Chiofaro loses fight over One Lincoln Street
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NHL players ask owners to return to table
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Trump Wants $500mTo Drop Tribe Suit
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Supreme court should protect IRAs
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iPayment Loses Motion in Bankruptcy Case Brought by U.S. Bankruptcy Trustee; Attorneys Disqualified
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Acclaim Auction To Sell Kitchen Sink
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Airlines:

US Airways seeks order to prohibit walkouts
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US Airways Says Must Cut Union Contracts
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January deadlines bear down on US Airways
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CWA gets on board with US Airways deal
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US Airways To Seek To Bar Strike, In Pact
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Pension wars tip of air iceberg
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Delta Air Is On A Direct Course To Bankruptcy
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Union seeks strike approval from United flight attendants
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United Flight-Attendants Union Mails Ballots
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Airline, Bank Clash Over Cash
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Fuel Supplier Wants Cash From Southeast
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Law:

Upping the Ante
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Firm Leaders Optimistic About 2005
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In Malpractice Case, Ga. Justices Split on Lawyer's Renewal Filing Notification Duty to Client
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A first look at law firm finance numbers for 2004 shows strong growth, raising hope for more of the same in 2005
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$17 Million Verdict Against Firm Tossed
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Corporate Reform:

SEC Adopts Rule To Ban Trading Stocks With Restrictions
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Ex-NYSE Official Langone, Others Sued For $1.8 Billion
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Fannie Seeks To Settle Federal Mtge Fraud Case
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Four Infineon Executives Plead Guilty
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Marsh CEO Says Probe Near End
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Gambro to Pay $350M to Settle Fraud Case
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Some Hospitals Must Close
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Preparing for a layoff is all about priorities
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Ch 11 Crt OKs Pay For Applied Extrusion Workforce
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U.S. Bankruptcy Court Assumes Jurisdiction in Enron, Sierra Pacific Resources' Dispute
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Instafi's crash didn't chasten its operator
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New Bankruptcy Opinions
(3 new opinions today) 

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings
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Weird News
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Coram Healthcare Emerges From Bankruptcy
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California diocese settles clergy abuse cases
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SEC files civil charges in Kmart fraud case
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Spiegel Posts $9.1 M Net Income For 10/3-10/30 Period
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UK:

Wrexham directors apply to court
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Foreign firms may avoid UK pension bills
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Deadline set for pensions scheme
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Workers robbed of pensions could face new blow
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Customers' violence keeps Courts' failed stores closed
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Yachtswoman to Pay Crew Two Years On
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How To Get Refunds From Collapsed Companies
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Door slammed on bonus schemes
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Singapore:

Police launch criminal investigation into China Aviation Oil
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China group to keep CAO fuel supplies flowing
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Canada:

Mill's liquidation leaves questions
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Argentina:

Argentina can wait, says IMF
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Argentina Must Complete Debt Swap Before IMF Loans Can Continue
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Israel:

The poor can sit in the dark
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Japan:

Japan's MTFG says to keep backing Mitsubishi Motors
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India:

India Becomes Collection Hub
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