Federal judge upholds ruling allowing Delta to terminate pilots
San Diego Union-Tribune - ATLANTA A federal judge Monday upheld an order approving Delta Air Lines Inc.'s request to terminate its pilots' pension plan, over the objections of 223 retired pilots. The group of retired pilots had appealed a U.S. Bankruptcy Court judge's
Source: www.signonsandiego.com

Advisor can't file bankruptcy
Grand Rapids Press - A former Goodrich tax adviser can't use bankruptcy to get out of more than $1 million in debts to investors. John Benjamin III agreed this week not to fight a federal judge's decision to deny his bankruptcy claim. Former clients have alleged Benjamin
Source: www.mlive.com

State likely to run Kahuku Hospital
Honolulu Advertiser - Using the bulk of the emergency funds for legal and other services needed to help Kahuku Hospital file for a Chapter 11 bankruptcy. The hospital would discharge about $3.5 million of debt through the filing. Hawai'i Health Systems taking over Kahuku
Source: www.honoluluadvertiser.com

Industry report
Detroit Free Press - Collins & Aikman Corp. has won an extension of its sole right to propose a plan for paying back creditors. On Wednesday, Judge Steven Rhodes of the U.S. Bankruptcy Court in Detroit gave the Southfield company until Jan. 12 to file a Chapter 11 plan
Source: www.freep.com