June 23, 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 function repaired: Search prior headlines at http://bkinformation.com/PriorEditionsSearch.html

         
Airlines:

United submits revised request
(DBN Subscription Required)

Loan-guarantee bid snipped to $1.1 billion
(DBN Subscription Required)

Bailing out United
(DBN Subscription Required)

Let Failure Be An Option
(WSJ: separate paid subscription required)

Political winds swirling around UAL loan hopes
(DBN Subscription Required)

UAL Resubmits Loan Guarantee Plan Amid Probe Request
(DBN Subscription Required)

Air France ready to tie-up with Alitalia
(DBN Subscription Required)

Italian Government Guarantees Alitalia Bridge Loan
(DBN Subscription Required)

Alitalia gets government backing for crucial loan
(DBN Subscription Required)

Prospect of further cost-cutting looms at Swiss
(DBN Subscription Required)

Low-cost carriers not only revolutionized travel, they also changed the entire airline industry
(DBN Subscription Required)

Hawaiian investors gear up
(DBN Subscription Required)

Truth or Spin: Air Canada
(DBN Subscription Required)

Surviving Southwest's invasion -- US Airways is determined to slash expenses - again - and operate more like its discount competitors
(DBN Subscription Required)

_________________

Telecoms:

Telmex Gets Brazil's Approval to Buy MCI's Unit
(DBN Subscription Required)

_________________

Corporate Reform:

Michael Rigas no part of Adelphia fraud -- defense
(DBN Subscription Required)

Belnick Speaks on Own Behalf in Tyco Case
(DBN Subscription Required)

IRS to Probe Pay to Leaders of Charities
(DBN Subscription Required)

_______________

Asbestos:

Zuckerman Spaeder Lands Leading Asbestos Insurance Litigator James Sottile
(DBN Subscription Required)

Hardie lawyer courted by old firm
(DBN Subscription Required)

________________

Refinancing effort has slashed debt by a third, Conseco says
(DBN Subscription Required)

Bankers' pleas put them with infamous
(DBN Subscription Required)

Erpenbeck bankers plead guilty to 3 counts
(DBN Subscription Required)

Goldman Sachs' profit up 71% in 2nd quarter
(DBN Subscription Required)

Housing 'Bubble' Disputed
(DBN Subscription Required)

New Rose Garden manager chosen
(DBN Subscription Required)

DirecTV sues Echostar over ads
(DBN Subscription Required)

Louisville: Country club to file new plan on bankruptcy
(DBN Subscription Required)

Supremes let lessor rights ruling stand
(The Deal: separate paid registration required)

First Home Savings Bank Borrower Files For Chap 11
(DBN Subscription Required)

Near North, former CEO convicted on fraud charges
(DBN Subscription Required)

Bridge Technology, Inc. Files for Chapter 11
(DBN Subscription Required)

Anixter International Inc. Completes Purchase of Assets and Operations of DDI
(DBN Subscription Required)

Texas city seeks bankruptcy a second time
(DBN Subscription Required)

  Enron:

Enron Prosecution: A Work in Progress
(DBN Subscription Required)

Competition heating up for Enron pipeline assets
(DBN Subscription Required)

Competition for Enron pipelines
(DBN Subscription Required)

Southern Union Raises Ante on Enron Pipelines
(DBN Subscription Required)

Part of energy crisis blame has to be on Sacramento
(DBN Subscription Required)

Court: FERC overreached in California energy case
(DBN Subscription Required)

Enron received higher CrossCountry bid - creditors
(DBN Subscription Required)

______________

Law:

U.S. Law Firms Look to Scale the Great Wall
(DBN Subscription Required)

Heller 'Advertorials' Push Boundaries
(DBN Subscription Required)

Judge: Federal Sentencing Unconstitutional
(DBN Subscription Required)

Pastors File Suit against Riverside, Calif., Law Firm
(DBN Subscription Required)

Legal Advertising Remains Lucrative but Controversial Practice
(DBN Subscription Required)

________________

Accounting:

Abusive Tax Shelters Often Target Charities, IRS Says
(DBN Subscription Required)

92% of Internal Auditors Polled Find Gaps in Their Own Company's Internal Controls
(DBN Subscription Required)

Consulting survey: Goodbye to high salaries
(DBN Subscription Required)

______________

Steel:

ISG prepares for international foray
(DBN Subscription Required)

________________

Adelphia Near UBS, Quadrangle Terms
(DBN Subscription Required)

SBA pulls plug on Bellevue venture firm
(DBN Subscription Required)

Textile manufacturer Dan River to lay off 300 workers
(DBN Subscription Required)

Pittsburgh: Act 47 letter says it's time for truth or consequences
(DBN Subscription Required)

Casual Wear Maker Gets Credit Line
(DBN Subscription Required)

HealthSouth's Bondholders Agree To Amend Debt Accord
(DBN Subscription Required)

HealthSouth Expected to Name Chairman
(DBN Subscription Required)

Parmalat asks US judge to keep creditors at bay
(DBN Subscription Required)

Parmalat files for bankruptcy in U.S. to protect assets
(DBN Subscription Required)

New judge for Mass. bankruptcy court
(DBN Subscription Required)

Bankrupt tax audit firm founder found dead
(DBN Subscription Required)

Bush and Kerry presenting opposing views of economy's health
(DBN Subscription Required)

Uninsureds Bring Five More Class Action Litigations Against Nonprofit Hospitals
(DBN Subscription Required)

House probes tax breaks for charity hospitals amid criticism
(DBN Subscription Required)

Mark Hopkins Joins Conway, Del Genio, Gries & Co., LLC as Senior Managing Director in Restructuring Practice
(DBN Subscription Required)

Citizens Capital Seeks Asset Acquisition Of Footstar Just For Feet Footwear Chain
(DBN Subscription Required)

L.A. Times cuts 190 jobs
(DBN Subscription Required)

 

New Bankruptcy Opinions
(2 new opinions today) 

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings
(DBN Subscription Required)

Weird News
(DBN Subscription Required)

Solutia CEO: Legacy Liabilities Are Biggest Hurdle
(DBN Subscription Required)

Silva Acquisition Corporation Buys Last Remaining North America Rayon Plant Out of Bankruptcy
(DBN Subscription Required)

Court Approves $85M Settlement In PC Landing Corp Suit
(WSJ: separate paid subscription required)

UK:

Pension hole hits WH Smith bid
(DBN Subscription Required)

Eurotunnel in new price war
(DBN Subscription Required)

_____________

Russia:

Russian tycoon back in court in $1 bln fraud trial
(DBN Subscription Required)

YUKOS poorer than expected
(DBN Subscription Required)

Rumors of a Deal Greatly Exaggerated
(DBN Subscription Required)

Trial of Russia's Khodorkovsky put off to July 12
(DBN Subscription Required)

_________________

France:

Alstom Says Banks Unanimously Back New Credit Terms
(DBN Subscription Required)

Ex-Vivendi head still in custody over trades inquiry
(DBN Subscription Required)

__________________

China:

China ponders bankruptcy law for firms
(DBN Subscription Required)

New Bankruptcy Code Will Streamline Rules
(DBN Subscription Required)

China to modernise bankruptcy law
(DBN Subscription Required)

_________________

Italy:

Parmalat's planning excludes Brazil
(DBN Subscription Required)

_______________

South Africa:

Rescue rather than liquidate, minister urges
(DBN Subscription Required)

________________

Korea:

New Korean Crisis? Risks Rising
(DBN Subscription Required)

________________

Japan:

Carlyle, Kyocera to Borrow $1.5 Bln for DDI Purchase
(DBN Subscription Required)

IRCJ will not widen its role, says Kaneko
(DBN Subscription Required)

___________________

Nauru:

Opposition lawmakers oust Nauru's president
(DBN Subscription Required)

____________________

Thailand:

TPI Polene Court Hearing On Sep 20
(DBN Subscription Required)

___________________

$500 Million For Financially Distressed Companies In Asia
(DBN Subscription Required)

Mexico:

Grupo TMM, S.A. Commences Next Step in Its Restructuring Plan
(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