June 25, 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 posted loss of $93 mil in May
(DBN Subscription Required)

United partner might want control, analysts say
(DBN Subscription Required)

Expert: Airline has '50-50' chance
(DBN Subscription Required)

United CEO Tilton cautions employees of more cost-cutting
(DBN Subscription Required)

High fuel costs drain United's coffers
(DBN Subscription Required)

No Third Bite
(DBN Subscription Required)

Big Airlines: Not Much Runway Left
(DBN Subscription Required)

Union for Delta pilots wants to offer new contract proposal in July
(DBN Subscription Required)

Senator: Were strings pulled on United's loan bid?
(DBN Subscription Required)

Financial clouds clearing for Air Canada
(DBN Subscription Required)

Air Canada officials won't get bonuses
(DBN Subscription Required)

Cerberus takes stake in Air Canada
(DBN Subscription Required)

Alitalia's `Diesel Cimoli' Faces Job-Cut Hurdle
(DBN Subscription Required)

Delta Credit Cut By Moody's Raises More Bankruptcy Talk
(WSJ: separate paid subscription required)

________________

Law:

Akin Gump raids King & Spalding for energy team
(DBN Subscription Required)

UK Firm appoints first female senior partner
(DBN Subscription Required)

New York's High Court Voids State's Death Penalty
(DBN Subscription Required)

Solicitor General Olson Resigns
(DBN Subscription Required)

Summer Associates' Trial by Fire
(DBN Subscription Required)

Weil Gotshal Partner Jim Quinn Recognized as One of the Nation's Top Trial Lawyers by National Law Journal
(DBN Subscription Required)

Wachtell Adds First Black Partner
(DBN Subscription Required)

Cozen Hires Five Partners to Launch Houston Satellite Office
(DBN Subscription Required)

______________

Medical debt blamed for rise in personal bankruptcies
(DBN Subscription Required)

Bankruptcy Court To Confirm Orion Refining Ch 11 Plan
(WSJ: separate paid subscription required

Sight Resource files for Chap. 11, discloses SEC probe
(DBN Subscription Required)

Accounting:

Presumed Guilty: Arthur Andersen & Co.
(DBN Subscription Required)

Audit watchdog questions Big Four
(DBN Subscription Required)

____________________

Seven Fields victims want spoils
(DBN Subscription Required)

Candescent burns out
(The Deal: separate paid registration required)

  Enron:

Enron misled congress on market schemes, says senator
(DBN Subscription Required)

Enron pipeline auction turns wild
(DBN Subscription Required)

Enron Announces Sale Of CrossCountry To Southern Union/GE For $2.35 Billion; Bankruptcy Court OKs Bidding Procedures For Sept. 1 Auction
(DBN Subscription Required)

Enron trying to take a bite out of Valtech
(DBN Subscription Required)

GE-Southern offer raises bar for Enron pipelines
(DBN Subscription Required)

Southern Union Joint Venture Enters into Purchase Agreement
(DBN Subscription Required)

Nevada congressional delegation joins in Enron, FERC criticism
(DBN Subscription Required)

Discrepancy raises questions
(DBN Subscription Required)

Cantwell calls for new Enron hearings
(DBN Subscription Required)

_________________

ONE Shipping's trustee is suing for losses allegedly inflicted on the now-bankrupt small firm by a group of chemical shippers
(WSJ: separate paid subscription required)

Corporate Reform:

At Last, Jurors Are About to Consider Adelphia Case
(NYT: separate free registration required)

Black held secret talks to sell papers -- Cerberus hedge fund pegged as buyer
(DBN Subscription Required)

Judge instructs jury as fraud trial closes
(DBN Subscription Required)

Reebok VP sentenced to home detention
(DBN Subscription Required)

Conn. v Forstmann case narrows
(DBN Subscription Required)

U.S. Supreme Court Gives Juries More Power Over Sentencing Decisions
(DBN Subscription Required)

Tyco lawyer Says He Regrets Loan to Buy Dream Home
(DBN Subscription Required)

Belnick Cries While Speaking on Tyco Case
(NYT: separate free registration required)

_____________

Tyson, King settle $100 million suit
(DBN Subscription Required)

King Shows Tyson The Money
(DBN Subscription Required)

Dallas: Church files for bankruptcy
(DBN Subscription Required)

Pa. cannot document failed insurer's assets
(DBN Subscription Required)

HealthSouth to pay $80 million to bondholders
(DBN Subscription Required)

Crane rental company in bankruptcy
(DBN Subscription Required)

Severance package set up for Wittur in bankruptcy court
(DBN Subscription Required)

AT&T Bonds Weaken On Concerns Over Rtgs Outlook
(WSJ: separate paid subscription required)

Federal agency balks at Kaiser Aluminum benefits agreement
(DBN Subscription Required)

High Voltage confirmation delayed
(The Deal: separate paid registration required)

Adelphia seeks OK on bonuses
(DBN Subscription Required)

 

New Bankruptcy Opinions
(1 new opinion today) 

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings
(DBN Subscription Required)

Weird News
(DBN Subscription Required)

Hearing is set for Tippin's sale of plant and bakery
(DBN Subscription Required)

Bankruptcy holds up LIFT program
(DBN Subscription Required)

Quick as blink, Vision Plaza closes
(DBN Subscription Required)

Records are seized at commerce office
(DBN Subscription Required)

ONE PRICE'S FALL
(DBN Subscription Required)

Mission Road Antique Mall says parent firm is just reorganizing
(DBN Subscription Required)

Bankruptcy rate has doubled since 1990
(DBN Subscription Required)

Adelphia Communications sued by its former cellular unit
(DBN Subscription Required)

Uniflex Files For Ch 11 Bankruptcy In Wilmington
(DBN Subscription Required)

Med Diversified Ch 11 Plan Hearing Delayed Until July
(WSJ: separate paid subscription required)

UK:

Hope for deal to save ski resort
(DBN Subscription Required)

Number of insolvencies is at its highest for a decade
(DBN Subscription Required)

New warnings on consumer debt as bankruptcies soar
(DBN Subscription Required)

Bradstock files two 304 petitions
(The Deal: separate paid registration required)

_________________

Germany:

Bankruptcy is rising
(DBN Subscription Required)

______________

Russia:

Russian Oil Firm Makes Leadership Changes
(DBN Subscription Required)

Chief of Yukos Steps Down Amid Company's Tax Woes
(NYT: separate free registration required)

Yukos moves to appease government
(DBN Subscription Required)

New top team at Yukos
(DBN Subscription Required)

Russia's Yukos Oil Company Up for Spoils
(DBN Subscription Required)

___________________

Hong Kong:

Hong Kong Bankruptcy Petitions Rise Slightly In May
(DBN Subscription Required)

________________

Thailand:

Supreme Court rules in TPI's favor, Bankruptcy Court judge says
(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