July 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)  at: http://bkinformation.com/News/DailyNews.htm

Prior editions available at http://bkinformation.com/bankruptcy_news.htm
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Airlines:

United to halt pension fund payments
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Some Doubt American Airlines' Strength
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Where Aer Lingus jobs axe will fall
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Trustee, creditors seek delay in Hawaiian Air bankruptcy
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United ends pension fund contributions in Chap. 11
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Unions incensed at United's move to halt payments to pension plans
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UAL Gets Another $500m Loan
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FAA investigates airport subsidizing airline
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Investors in Delta at big risk
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Air Canada raises stakes in spying suit
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Delta Officials to Discuss Ways to Piece Battered Airline Back Together Again
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UAL Criticized By Unions For Stalling Pension Plan
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BWIA reports significant losses in 2003
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Bankruptcy court competition for cases affects failure
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Law:

Small Firms, Big Clients
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What Do The Jurors Think of Your Web Site?
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National law firms suffering in Colorado climate
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Law firm's success against nursing homes has a price
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Porter & Hedges expands attorney ranks
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Drumming up business
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Firm Bet Big, Partners Raked in the Chips
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Growth of health care specialty to continue well into future
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Controversial or not, advertising fetches big money for lawyers -- and media
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Acceptance growing for part-time lawyers
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A Conversation Among Veterans of Electronic Discovery Battles
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Clinching The Sale With a Summary of Benefits
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Prepare for E-Discovery in Four Easy Steps
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Vetting Your E-Discovery Vendor: The Lawyer's Perspective
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Embedded Information in Electronic Documents Why metadata Matters
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Dawn of the UMS Subpoena
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Law Firm Document Retention Policies
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Am I Committing Malpractice by Not Considering Electronic Data in My Cases?
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In Boston, Firms Are Partying for the Cause
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Firm Sued by Longtime Client
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Fifteen Practical Tips for Managing Your E-mail
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The Best and Worst Things A Lawyer Can Do When Marketing To Women
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Strategic Self-Assessment
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The Importance of Mentoring
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Retirement Basics for Law Firms
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Retirement As A New Career/Life Development Stage
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I didn't say `no' when out of my league
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Telecoms:

Hampton call center to close, costing 550 jobs
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AT&T, MCI are eyed for takeover; deals uncertain
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N.J. bankruptcy may cut off phones
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MetroPCS seeks court OK on wireless licenses
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Enron:

FERC to review Nevada Power's Enron contracts
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TPG hits stumbling blocks in Oregon
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Many share blame for Enron's collapse
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Files shed light on Portland, Ore.'s bid for Enron-owned utility
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Ruling paves way for fresh Enron claims
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Lay's lawyer sees higher calling in law
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Enron memo could spur Causey to cooperate
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Consortium seeks major parts of Oglebay Norton
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There's Honor in Settling Debt Without Bankruptcy
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Busy collectors chasing debt
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Credit report time limit is confusing
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Greenbacks fade in wash of plastic
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Corporate Reform:

CEO payouts may lag
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Scandal Firms' Former Directors in Demand
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Star Witness Against Martha Stewart Spared Jail
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Convicted CEOs to Get Paid in Prison
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Steel:

Creditors reveal team that would run Warren, Ohio, steel company
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Soaring market boosts Stelco
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Steelworkers hammer Algoma
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Weirton moved its chips from steel to gambling
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Asbestos:

Asbestos-Plagued Federal-Mogul Hunts Again for CEO
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Employees urged to investigate size of deficits
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Bosses' pay stokes pension controversy
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Energy:

Energy Cooperative staves off bankruptcy
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Economy:

Venture Capital Activity Climbs in Second Quarter
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Sorry, but we're not in a new bull market
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World Economy Seen Growing 4.6 Percent
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Weekly jobless claims dip by 11,000 as labor market flashes further signals of improvement
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Accounting:

After Defeat in House, FASB Finds Allies in Senate
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The Six Traps of Accounting & Finance Careers

Where Have All the Audits Gone?
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Adelphia creditors protest bonus plan
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Edwards returns some donations from bankrupt contributors
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Ex-financial adviser Hoover gets 100-year term
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Carolina Investors: What's Next?
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Owen pleads guilty to securities fraud
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Chairman pumps up Kmart's stock value
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Glimmer of hope shines at Smith Glass as judge picks turnaround specialist
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Tyson: The Punch Line? $38 Million Debt
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Robots to put humans to work
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Rolling with punches, Tyson says he regrets misspent life
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Ex-media execs must testify in LV firm's bankruptcy
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PACA: How fries became a 'fresh vegetable'

US Plastic Lumber Files For Bankruptcy, DIP Loan
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Tucson diocese Chapter 11 likely
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Big S&L will close 100 offices amid big layoff
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Kistler faces turbulence
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Bankruptcy judge approves dam sale
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IRS Position on Offers in Compromise Outlined for Taxpayers in Bankruptcy
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Carolina Investors depositors weigh fighting deal
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Investor witnesses say Owen pressured them
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Retail chain Casual Choice files Chapter 7
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Bankrupt furniture retailer sets guidelines for credit, refunds
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More hospitals asking for cash upfront
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More baby boomers may be driven to keep working
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Arctic put on road out of Chapter 11
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Investors in Carmike enjoy a happy ending
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Attorneys fear church insurers could tangle SoCal settlements
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Shooting victim bids on firm that made flawed gun
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Creditors jockey for Blanchat assets
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Payday loan outlets called 'debt trap'
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New Bankruptcy Opinions
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Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings
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Weird News
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Money woes could rock Trump's boat
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Debt collection rises during slow economy
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Jillian's bid procedures approved
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Bankruptcy ruling due Monday
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UK:

Nuclear plant backed by Blair is ý600m 'white elephant'
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Suspected fraudsters move into mobile phone sales
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Workers may miss out on pension safety nets
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British Energy Shareholder Seeks Better Terms for Rescue Plan
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Current Distressed Companies Update
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Eurotunnel's first-half loss increases fivefold
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Rebel investors attack British Energy rescue
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Debtors 'Confident of Meeting Cash Commitments'
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Housing - turn out the lights, party over
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Spectrum Plus case referred to Lords
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A transaction is 'in the ordinary course of business' for the purposes of a floating charge if an objective observer considers it to be so
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Court would be slow to accept directors' undertakings in place of winding-up order
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Russia:

Oil Companies Look to Fill Yukos' Void
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Gazprom bond upsized on huge demand
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Analysts Assess Fallout From Yukos Woes
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Yukos' struggles create void in Russia
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Yukos major shareholder accused of murder, arrest warrant issued
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Yukos Viciously Ruined, Say Management
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Mystery British consortium offers Yukos a way out
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Yukos coughs up $340 million in back taxes
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Analysts Assess Fallout From Yukos Woes
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Oil Companies Look to Fill Yukos' Void
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As Yukos Tips Towards The Void,Analysts Weigh What's Next
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11th-hour plan to save Yukos
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Bid interest halts share slide of Russia's YUKOS
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Ireland:

New blow for Beggs as Ulster Bank obtains 200,000 judgment on personal guarantees
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Canada:

U.S. investor gobbles up Laura Secord
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Gordon Brothers Group successful bidder for Laura Secord
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Restructuring Doman loses $29.1M
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Brazil:

Investigator for Kroll Held in Brazil
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Japan:

Fewer students spells bankruptcy for Japan varsities
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Business difficulties often trigger for suicide
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Singapore:

Broke but unbowed
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Liberia:

UN Freezes Liberian Assets, Prevents Travel
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Poland:

InfoMonitor ready to trade business debts information
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South Africa:

Was RAG probe put on hold after deal'?
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Italy:

Parmalat Could Pay Out 50% Of Profits Over Next 15 Years
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