May 28, 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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Enron:

Enron creditors vote to approve bankruptcy plan
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Enron: Creditors Confirm Ch. 11 Plan
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Lawsuit seeks return of $136 million deposit
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First Enron trial not high profile, but may show a lot
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Lawyers prep for Enron-Merrill Lynch trial
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Law:

Fulbright Adds To Dallas Bankruptcy Group
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NY Firm Whose Clients Were 'Stolen' by Rival's Associate Wins $1.4 Million Verdict
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Firm Remains Nation's Most Ethnically Diverse
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Telecoms on the Hook for Billing Lawyers for Rejected Calls
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UK firm partners hit by 18 per cent profits fall
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Hoover says he intends to take stand
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Accounting:

No bonuses at Shell -- guess why
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Companies, time has come to pay for those options
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Asbestos:

New judge to oversee Owens Corning case
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WR Grace manages through bankruptcy
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Coleman sent back to prison for faltering on repayment
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8-year jail term for Grass
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LBO Firms Eye Teddy Trial
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Forstmann Defends Record in Connecticut Pension Suit
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Liens for unpaid taxes filed against Monsour Medical Center
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You'll pay, indeed, for credit card slip
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Kaiser creditors ask court to reopen Alpart auction
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Rusal to fight for Jamaican alumina refinery
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Low-carb diets leave bakeries seeking new bread winners
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  Airlines:

UAL's loss up from March
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Air Canada Says Canadian Imperial Bank Is Threat to Financing
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CIBC, Air Canada at odds over debts
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UAL loan decision soon amid fuel, other worries
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UST Program -- Abuse of privilege
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Telecoms:

Troubled telecom bankrupt
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Paul Allen Loses Another One: $1.65b RCN Stake
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Starpower Partner Files For Chapter 11
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BCE Inc. - Teleglobe Unsecured Creditors Lawsuit Launched
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TNS buys U.S. Wireless Data assets
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Corporate Reform:

NY Judge Chosen for Spitzer's Suit Against Grasso
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Witness tells Adelphia trial company didn't charge Rigases interest on loans
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Adelphia Kept Records of Deals With Rigases, Witness Says
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Steel:

Stelco gets extension of bankruptcy protection until Sept. 30
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Energy:

NorthWestern Receives Court Approval of Disclosure Statement
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Calif PUC Approves PGE Co, Consumer Group Rate-Case Deal
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Citi to pay 70M fine in borrowing scam
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Hilbert wins round in his Conseco suit
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A sunny state draws shady deals
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Fed caught between rock and hard place
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Gov's gambling liaison linked to casino investor
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Record home foreclosures in Tarrant County
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New Bankruptcy Opinions
(No new opinions today) 

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings
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Weird News
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American Plumbing & Mechanical, Inc. Announces Approval of Sale of AMPAM Riggs Plumbing Assets
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Trump's casino firm makes overdue debt payment
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UK:

Embattled MyTravel narrows losses
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Bankruptcy leaves Bradford council to run festival
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Welcome Break owner backs down over bonds
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Russia:

Key Hearings Set for Russian Oil Magnate
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Russian tycoon to appear in court
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Yukos says bankruptcy is imminent
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Germany:

Deutsche Bank Buys Senator Entertainment Loans From Bank Group
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France:

France hopes to announce Alstom deal today
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Japan:

Kanebo to slash capital by 99%, sell stake to IRCJ
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Japan rides a wave of telecom deals
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China:

Possible slowdown in China's economy has global impact
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China turns the hose on currency speculators and car finance market
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Australia:

Administrator recommends scrapping Gympie Gold
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Argentina:

Argentina works on better terms for defaulted bonds
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