May 24, 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 prior headlines at http://bkinformation.com/PriorEditionsSearch.html

         
Enron:

Enron has deal to sell pipelines
(DBN Subscription Required)

El Paso Mulling Whether To Buy Enron's Half Of Citrus
(DBN Subscription Required)

Enron to sell its pipeline business
(DBN Subscription Required)

US oilman buys Enron's gas lines for US$2b
(DBN Subscription Required)

Enron Selling Crown Jewel
(DBN Subscription Required)

Enron's pipeline assets draw bid
(DBN Subscription Required)

Recovery is closer for Enron retirement cash
(DBN Subscription Required)

__________________

Corporate Reform:

Money, Murk & Muck
(DBN Subscription Required)

Man charged for perjury in Martha Stewart trial
(DBN Subscription Required)

The Martha Case: It's a Lying Shame
(DBN Subscription Required)

A key figure in the dispute over Grasso's pay as NYSE chief is discussing a settlement
(DBN Subscription Required)

_______________

Steel:

Union claims Stelco abusing workers' rights under bankruptcy protection
(DBN Subscription Required)

_________________

Law:

Maybe this law firm should change its number to 1-800-NASTY
(DBN Subscription Required)

Court Hits 1-800-rude Law Firm
(DBN Subscription Required)

Clifford Chance profits crash
(DBN Subscription Required)

Lawyers Fill Candidates' Coffers
(DBN Subscription Required)

Partner Slams Associates' Work Ethic in E-Mail
(DBN Subscription Required)

Two More Partners Jump From Clifford Chance
(DBN Subscription Required)

"It is very intoxicating being surrounded by beautiful girls"
(DBN Subscription Required)

Resumes Are for Dummies
(DBN Subscription Required)

SF: Law firm moves set precedent for cheaper space
(DBN Subscription Required)

Dayton law firm adding lawyers after recession
(DBN Subscription Required)

Lawyers vie for prize in mutual-fund scandal
(DBN Subscription Required)

No sex please, I'm your lawyer
(DBN Subscription Required)

Wilson Sonsini's Google haul is nice, but Cooley is IPO king
(DBN Subscription Required)

New White Paper Examines Business of Law and Sarbanes-Oxley Impact

________________

As identity thefts jump, so do costs
(DBN Subscription Required)

Bankruptcy Protections For The Nonbankrupt Intellectual Property Licensee And Licensor
(DBN Subscription Required)

Alquist to serve as U.S. bankruptcy judge
(DBN Subscription Required)

Downtown Tampa building in bankruptcy case
(DBN Subscription Required)

As times change, bankruptcy just another tool
(DBN Subscription Required)

Bond Trust Liquidation May Cost Investors
(DBN Subscription Required)

Lowdown on college loans
(DBN Subscription Required)

City's top charity pampers its own
(DBN Subscription Required)

Sheppard settles HomeGold investor lawsuits
(DBN Subscription Required)

For some, minimum wage brings
(DBN Subscription Required)

NC rib restraunteur files for bankruptcy
(DBN Subscription Required)

Bankruptcy rate slows
(DBN Subscription Required)

Bankruptcies Continue to Rise
(NYT: separate free registration required)

Florida Couple Charged with Bankruptcy Fraud
(DBN Subscription Required)

RCN CEO Makes Case For Bankruptcy
(DBN Subscription Required)

Penthouse Provides Update to Shareholders
(DBN Subscription Required)

IRS moves to liquidate Las Vegas company, National Audit Defense Network
(DBN Subscription Required)

Ill. casino plan prompts flood of questions
(DBN Subscription Required)

Bankruptcy can be tricky
(DBN Subscription Required)

DA candidate admits she lied about bankruptcy
(DBN Subscription Required)

Globalstar out of bankruptcy, 'enthusiastic' about prospects
(DBN Subscription Required)

Dave & Buster's Announces Agreement to Purchase a Majority of the Largest Jillian's Restaurant/Entertainment Locations
(DBN Subscription Required)

  Airlines:

Decision on aid for United flies into turbulence
(DBN Subscription Required)

UAL announces higher fuel cost blow
(DBN Subscription Required)

UAL Seeks Court Help For Changes To Retiree Med Benefits
(DBN Subscription Required)

UAL Attorney: Still No Decision From ATSB on Loan Request
(DBN Subscription Required)

United Asks to Change Retiree Benefits
(DBN Subscription Required)

Flight Attendants' Union, UAL Fail To Reach Retiree Pact
(DBN Subscription Required)

Delta Passengers Lead Revolt Over SkyMiles Changes
(DBN Subscription Required)

European airlines raise concerns over Alitalia
(DBN Subscription Required)

$4.5m Royalties Missing from Nigeria Airways' Account
(DBN Subscription Required)

Air Canada's bankruptcy protection extended
(DBN Subscription Required)

Air Canada still hunting for equity
(The Deal: separate paid registration required)

Hargrove attacks government for failing to help Air Canada and industry
(DBN Subscription Required)

Canada's Goodale Backs Air Canada Pension Payment Plan
(DBN Subscription Required)

Air Canada faces new series of critical deadlines
(DBN Subscription Required)

Animated United ads use soft touch to reconnect with fliers
(DBN Subscription Required)

AirTran's driven CEO 'thrives on challenges'
(DBN Subscription Required)

US Airways' Bronner hopes to do for airline what he's done for Alabama
(DBN Subscription Required)

Hawaiian bankruptcy timetable extended
(DBN Subscription Required)

Hawaiian Airlines April Revenue Passenger Miles Rose 17%
(DBN Subscription Required)

Bethune latest in long line of executives to deplane
(DBN Subscription Required)

Independent Unions Make Inroads in Airline Industry
(DBN Subscription Required)

________________

Energy:

Mirant Bankruptcy Examiner Names Gardere as Counsel
(DBN Subscription Required)

Electric dereg 'shakeout' seen in Texas
(DBN Subscription Required)

_______________

Accounting:

Auditors Must Report Own Committees' Deficiencies, Weaknesses under New Rules
(DBN Subscription Required)

Prosecutors in Manhattan have begun a criminal probe into Ernst & Young's promotions of potentially abusive tax shelters
(DBN Subscription Required)

Auditors Face a Tough PR Challenge
(DBN Subscription Required)

The SEC rejected a rule interpretation used by some accounting firms to charge audit clients contingent fees for tax advice
(DBN Subscription Required)

__________________

Asbestos:

Asbestos cases in legal limbo
(The Deal: separate paid registration required)

Asbestos's Sword Has Many Victims
(DBN Subscription Required)

______________

Feeling the fuel pinch -- Trucking companies on the brink.
(DBN Subscription Required)

Invitation-only credit cards cater to the rich
(DBN Subscription Required)

Long Island: The pension pit
(DBN Subscription Required)

Job `promises' called scam,  hurt Indians
(DBN Subscription Required)

U.S. Pension Insurer Posts $9.7B Deficit
(DBN Subscription Required)

Zamias pays debt quickly
(DBN Subscription Required)

Phoenix: Old courtrooms get new tenant -- Bankruptcy caseload grows
(DBN Subscription Required)

Rica Foods, Inc. Announces Trust Amendment and Continued Progress on its Debt Restructuring Process
(DBN Subscription Required)

Watch out for lender junk fees
(DBN Subscription Required)

Carb-counting humbles food makers
(DBN Subscription Required)

Reserves make sacrifices to serve country -- Some face bankruptcy
(DBN Subscription Required)

Whatever happened to the class of '99?
(DBN Subscription Required)

2nd Circuit Finds Broad 'Fugitive' Definition for Civil Forfeiture
(DBN Subscription Required)

Seattle GameWorks requests rent reduction: Parent company seeks Chapter 11 shelter
(DBN Subscription Required)

NBA Bankruptcy Case Grants Resident Relief on Entrance Refunds
(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)

Most Americans avoid saving
(DBN Subscription Required)

Winstar bolts Arizona, plans reorganization
(DBN Subscription Required)

Judge OK's sale of Americal's Peds
(The Deal: separate paid registration required)

UK:

Broke Star: I'll serve burgers
(DBN Subscription Required)

Barrymore files for bankruptcy
(DBN Subscription Required)

Morgan Stanley wins Canary Wharf battle
(DBN Subscription Required)

Mayflower chiefs 'may be liable for pension hole'
(DBN Subscription Required)

Welcome falls victim to a flawed financial agreement
(DBN Subscription Required)

Publicity 'butterflies' escape the captivity of bankruptcy
(DBN Subscription Required)

Receivers called in at Valleyhill
(DBN Subscription Required)

_______________

Japan:

Japan's banks back in the black
(DBN Subscription Required)

Aid to Mitsubishi raises concern
(DBN Subscription Required)

Mitsubishi Motors arranges a rescue
(DBN Subscription Required)

Phoenix bails out Mitsubishi Motors
(DBN Subscription Required)

Shinsei to Pay 21.8 Billion Yen to Settle Law Suit
(DBN Subscription Required)

Sumitomo Mitsui's Nishikawa Survives Losses to Lead in Lending
(DBN Subscription Required)

Kanebo to seek 100 billion yen in aid
(DBN Subscription Required)

Mitsubishi Motors to eliminate 11,000 jobs
(DBN Subscription Required)

_______________

Australia:

Blow to bankruptcy rort -- Government moves to clamp down on high-income professionals who use loopholes in bankruptcy laws to avoid tax and evade debts
(DBN Subscription Required)

Liquidator stripped of insolvency jobs
(DBN Subscription Required)

Property spruikers flock here
(DBN Subscription Required)

After the boom, the bankrupts
(DBN Subscription Required)

________________

France:

Alstom Rescue Plan Delayed by Partnerships Clause
(DBN Subscription Required)

Eurotunnel Freight Subsidiary Denied Bank Support
(DBN Subscription Required)

Monti Tells France To Accept Partnerships For Alstom
(DBN Subscription Required)

______________

Canada:

Les Boutiques San Francisco Obtains Extension of Initial Order
(DBN Subscription Required)

Footmaxx Holdings Has Going Concern Qualification
(DBN Subscription Required)

______________

Korea:

Citigroup Set to Buy Hynix
(DBN Subscription Required)

South Korea bankruptcies jump 163 percent
(DBN Subscription Required)

_______________

Italy:

Union opposes Parmalat restructuring
(DBN Subscription Required)

____________

Russia:

The permanent failures of Russian capitalism
(DBN Subscription Required)

Chelsea boss 'must quit' Russian post
(DBN Subscription Required)

Auditors to hand over Chukotka case to prosecutors in 10 days
(DBN Subscription Required)

Gov't of Chukotka on possible bankruptcy
(DBN Subscription Required)

Is Chukotka Gone Bankrupt?
(DBN Subscription Required)

Rostov miners demand wage debts amid bankruptcy procedures
(DBN Subscription Required)

__________________

Singapore:

Spending on the edge
(DBN Subscription Required)

_________________

Thailand:

Creditors Accept TPI Polene Debt Buyback In Principle
(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