October 19 , 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) http://bkinformation.com/News/DailyNews.htm
Prior editions available at http://bkinformation.com/bankruptcy_news.htm
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Toymakers Hit by Economy; Holidays Grim
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Telecoms:

Norvergence: Going to bat for patsies
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MCI to Record $3.5 Billion in Charges
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Steel:

Stelco, union commit to reaching client-saving labor deal by Oct. 31
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Competitors could benefit if GM walks away from Stelco
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Asbestos:

Defiant Hardie's crucial allowances
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T&N pensioners given pledge on further funding in latest offer
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Corporate Reform:

Spitzer strictures spell insurance shake-up
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ACE, AIG End Commissions Eyed in Probe
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Marsh Reveals What's at Stake in Probe
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Insurance Cos AIG, Ace Halt Use Of Incentive Fees
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Insurance probe deepens as Aetna, CIGNA get slapped with new subpoenas
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Whew! Rest Easy, America. The Company Jet Is Back
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Court Denies Stay Of SEC Rules On Independent Fund Chairman
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Stewart Says She's Adjusting to Prison
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SEC Probes Pension Assumptions
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Accounting:

Washington State Sues E&Y Over Met Mortgage Woes

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Enron:

Ex-Enron accountant says she warned of impropriety
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Outsider takes reins at Kmart
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A Giant Pay Day
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Pittsburgh: State panel rejects Murphy's 5-year plan
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Armor firm seeks protection
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'Lifetime care' home declares bankruptcy
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Star Gas warns of bankruptcy as stock falls 80%
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Home heating oil dealer facing bankruptcy
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Charter School bankruptcy hearing today
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Gadzooks Enters Agreement With Investment Funds to Fund Its Emergence From Chapter 11
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Red Flags, Warning Bells, & Gut Feelings
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Large companies make cuts as profits drop; smaller firms seek bankruptcy protection
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Ideal Accents Files Chapter 11
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Ford sees profit despite losses in autos
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A harsh new reality of rapidly rising health costs for retirees
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Death of Paper Checks Exaggerated
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Judges increases Bank of America damages to $284 million
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Dresdner sells nonperforming loans portfolio to Lone Star
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Iowa diocese near Ch. 11 filing
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Davenport Diocese Bishop says bankruptcy could come this week
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Airlines:

US Airways Details Plan For Turnaround
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US Airways Changes to Include Minihub
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Airline makes changes
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US Airways unveils Pittsburgh cutbacks
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US Airways staff express disappointment in pay cut
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Family worries about future after US Airways' pay cut
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Stricken airlines seek shelter in a storm
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Continental Airlines Forecasts `Significant Loss'
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United Airlines: Union agreements still preferable
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Missouri wants money back from Great Plains Airlines
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Delta shares continue slide
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Delta is sued over pension plan by 3 former workers
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Two retired executives laud Delta Air Lines' turnaround plan
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Aid for Alitalia is not illegal says Italy
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Museum preserves history of Trans World Airlines
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Crisis at Bombardier is set to intensify
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Airlines Face a Runway of Red
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Law:

Gray Cary Ties Knot With Piper Rudnick
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Two Law Firms to Join Forces
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Piper Rudnick and Gray Cary complete merger ahead of DLA tie-up
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Number of Law Firm Mergers on the Rise; Acquisition Size Falling
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The Mechanics of a Firm Merger
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NY Firm Bumps Heads With Former Partners
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Shook Hardy loses New Orleans lawyers, keeps Sprint
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Chiron Suits Pit Lerach Firm Against Milberg, Judge Walker
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Make Sure Clients Can Find Your Web Site
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Law firm rated 'psychologically healthy'
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Former MCI general counsel surfaces at Chadbourne & Parke
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NY Associate Arrested for Arranging Tryst With Girl
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Chief marketing officers are catching on at law firms
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Clifford Chance star Benedict seals Milbank move
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Latest West Coast Clifford Chance exit leaves Snow alone
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US labor leader launches New Orleans arm
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White & Case London's 400 per cent growth makes compelling case for move
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Lawyers Clash in 2nd WTC Insurance Trial
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Interviewing advice for second- and third-year associates
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Allen & Overy under seige by outraged soccer fans
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A trend toward permanently interim execs
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Fannie May seeks sweet retail return
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Clift Hotel Emerges from Chapter 11
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U.S. tech job cuts jump up by 60%
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New Bankruptcy Opinions
(2 new opinions today) 

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings
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Weird News
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SunTrust says Florida housing project files Ch. 11
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Notice of Mirant Unsecured Creditors' Meeting
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Changes to Utah's 2004 Mechanic's Lien and Bond
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Riding the Filing Rollercoaster
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Related Chapter 11 Filings
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Who's Number One?
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The Failure of Commerce One
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LeapFrog slashes outlook, shares plunge 37 pct
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President Casinos reports $744,000 loss
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Tour operator Air Vegas shutters operations
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UK:

Investors lose out as creditors grab Henlys
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New guide to recovery
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Canada:

Royal Group Shares Plunge After Police Accuse De Zen of Fraud
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Restaurant operator Richtree files under CCAA, shuts U.S. operation
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Korea:

Weak Governance Practices Weigh on Credit Ratings
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Italy:

Parmalat probe digests forensic accounting
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Japan:

Japan Bankers Head: Banks Not To Blame For Daiei
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Russia:

Yukos Still At Risk Of Bankruptcy
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Yukos Opening Bid May Match Debt
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Risk of YUKOS going bankrupt exists
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Uncertain future for American working at Yukos
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South Africa:

Porritt accuses liquidators of 'fabrications'
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Israel:

Banks, state approach end to battle over local gov't liens
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Thailand:

Thai court to rule on TPI debt planner Nov 4
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China:

State's Hands-off on Bankruptcy Commendable
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Czech Republic:

State to launch sale of more bad debts
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