December 13, 2001  

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

         
Enron:

Banks, bondholders join Enron creditors panel
(DBN Subscription Required)

Andersen chief defends role in Enron mess
(DBN Subscription Required)

Enron Unveils Restructuring Plan
Centered on Pipeline, Power Assets
(WSJ: separate paid subscription required)

Enron bankers ready for lengthy auctions
(DBN Subscription Required)

When bad stocks happen to good mutual funds: Enron could spark new attention to accounting
(DBN Subscription Required)

Former Enron CFO emerges, doesn't say much
(DBN Subscription Required)

Enron plans $6bn firesale
(DBN Subscription Required)

Institutions dominate Enron creditors committee
(DBN Subscription Required)

Auditors on trial
(DBN Subscription Required)

Enron Lays Out Asset Sale Plans as Auditor Testifies
(DBN Subscription Required)

Enron's collapse has contaminated other energy merchants
(DBN Subscription Required)

Avenging the Enron Around
(DBN Subscription Required)

Enron 366 bankruptcy hearing postponed
(DBN Subscription Required)

Energy Companies Face Pressure to Reconsider Debt Policies
(DBN Subscription Required)

Texas PUC chairman discloses multiple roles at Enron
(DBN Subscription Required)

Dynegy Strives To Distance Itself From Enron
(WSJ: separate paid subscription required)

Enron Responds To Andersen Congressional Testimony
(WSJ: separate paid subscription required)

Enron Chairman Promises Creditors He'll Work to Rebuild Fallen Giant
(DBN Subscription Required)

Analysts' Failure To Forecast Enron Collapse Defended
(WSJ: separate paid subscription required)

Enron plans asset sales; gets auditor flak
(DBN Subscription Required)

Enron Lobbied Hard to Limit
Oversight of Trading Operations
(WSJ: separate paid subscription required)

SEC Says Fastow Frustrating Investigation
(WSJ: separate paid subscription required)

Enron collapse does not threaten banks
(DBN Subscription Required)

Enron Dive Called 'Morality Tale'
(DBN Subscription Required)

US Trustee Appoints 15-Member Enron Creditor Group
(WSJ: separate paid subscription required)

Enron Auditor Takes Some Blame
(DBN Subscription Required)

Auditor tells panel firm must change
(DBN Subscription Required)

Kinder Morgan Energy buys pipeline stake from Enron
(DBN Subscription Required)

New Online Power Exchange Tries to Fill Void
(DBN Subscription Required)

Shell Eying Enron Assets
(DBN Subscription Required)

Enron's collapse probed - Accountant tells Congress his firm was kept in dark by possible illegal acts
(DBN Subscription Required)

Cause of Death: Mistrust - Unanswered Questions Led Dynegy to Cancel Enron Merger
(DBN Subscription Required)

Fastow Activities Approved By Board - Says Atty, David Boies
(WSJ: separate paid subscription required)

A tale of two Enrons - Legislators, execs paint Enron differently
(DBN Subscription Required)

Dynegy Suit To Gain Enron Pipeline Moved to Federal Crt
(WSJ: separate paid subscription required)

El Paso to Sell Assets, Put $2 Bln in Debt on Books
(DBN Subscription Required)

While Enron hopes to be out of bankruptcy within a year, analyst dubs titan's fall a ''morality tale''
(DBN Subscription Required)   

Cornyn wants Enron case in Houston
(DBN Subscription Required)

Fallout From Enron Continues to Take Toll on Power Sector
(NYT: separate free registration required)

(cont. in col. 2)

___________________

  Law Firm Restructuring:

Weil Gotshal Sets Year-End and Retention Bonuses
(DBN Subscription Required)

Weil, Gotshal & Manges Memo
(DBN Subscription Required)

Sullivan & Cromwell Bonuses Match or Top Cravath's
(DBN Subscription Required)

Associate Pay Cut Is Called "Brilliant"
(DBN Subscription Required)

___________________

Carve-out dispute delays C2 Media unit sale
(DBN Subscription Required)

Bankruptcy Court Confirms Sale of ABC-NACO Assets to TCF Railco Acquisition Corporation
(DBN Subscription Required)

Jore scrambles to meet deadlines to stay in business
(DBN Subscription Required)

Steel:

3 Companies May Be Interested In Buying LTV
(DBN Subscription Required)

International dismay as Bush gets ready for curbs on steel imports
(DBN Subscription Required)

One Family's Tale of Recession
(DBN Subscription Required)

Steelworkers lobbying Congress to save LTV jobs
(DBN Subscription Required)

Steel Company LTV's Retiree Health Care Benefits Remain Safe for Now
(DBN Subscription Required)

Ottawa to decide 'very soon' on $50M loan guarantee for Algoma Steel
(DBN Subscription Required)

Steelworkers Union Offers to Help Reduce Operating Costs
(DBN Subscription Required)

___________________

Bankrupt LifeSteam to Lay Off 196 Houston-Area Workers
(DBN Subscription Required)

Telecoms:

Not so Settled Settlement: Nextwave Hits Roadblock
(DBN Subscription Required)

Telergy must aid customers' move to new provider
(DBN Subscription Required)

House GOP Seems to Back NextWave Deal, But Reluctance in the Senate Could Kill It
(WSJ: separate paid subscription required)

SOS Wireless Files for Bankruptcy Protection
(DBN Subscription Required)

Pros And Cons Mount For NextWave Deal
(DBN Subscription Required)

____________________

KPS and Pegasus Complete Purchase of Genesis Worldwide Inc.
(DBN Subscription Required)

Asbestos:

The Long Shadow of Asbestos
(DBN Subscription Required)

State asbestos bill for Crown Cork faces final vote
(DBN Subscription Required)

State House passes a bill aiding Crown Cork
(DBN Subscription Required)

______________________

Three Phar-Mor Executives to Get $1.25 Million in Bonuses
(DBN Subscription Required)

Creditors Say Former Kentucky Governor Shouldn't Be Excused from Debts
(DBN Subscription Required)

Concord: Employment promising for workers misplaced by Hopkins’ bankruptcy
(DBN Subscription Required)

Bankrupt Netcentives Assets Picked Apart
(DBN Subscription Required)

Chicago-based Lemidi seeks bankruptcy protection
(DBN Subscription Required)

Enron (cont.):

J.P. Morgan And The Enron Tar Baby
(WSJ: separate paid subscription required)

Enron Creditors Form Negotiating Body
(DBN Subscription Required)

Cornyn wants Enron case in Houston
(DBN Subscription Required)

Lawmakers Probing Enron Call for More Analyst Scrutiny
(DBN Subscription Required)

Enron To Cut Management By One-Third
(WSJ: separate paid subscription required)

SEC Considers New Disclosure Rules
(DBN Subscription Required)

________________

 

New Bankruptcy Opinions
(1 new opinion today)

Bankruptcy Jobs
(DBN Subscription Required)

Bankruptcy Court Web/Pacer Site Directory

Wilmington's top gun
(DBN Subscription Required)

DIP Dimensions: Pillowtex Corp.
(DBN Subscription Required)

Covad deal threatened
(DBN Subscription Required)

Power Utilities:

PG&E seeks to speed settling bankruptcy claims
(DBN Subscription Required)

CalEnergy Files Third Edison Lawsuit
(DBN Subscription Required)

____________________

Bankruptcy Reform:

Circumstances Halted Momentum for Bankruptcy Reform Bill
(DBN Subscription Required)

Financial Legislative Update, Including Bankruptcy Reform
(DBN Subscription Required)

Wall Street Showing Resistance To IMF Bankruptcy Plan
(WSJ: separate paid subscription required)

_________________

Suit Says Shapiro Helped Hide Assets
(DBN Subscription Required)

Equity Holders May Come Up Empty In Bridge Bankruptcy
(WSJ: separate paid subscription required)

Parent Firm of Columbia, Mo.-Area TV Affiliate Struggles To Avoid Bankruptcy
(DBN Subscription Required)

Restructuring . . .

American Express slashing more jobs - Financial firm plans to cut an additional 5,500 to 6,500 workers
(DBN Subscription Required)

ICL computers plans to cut up to 1,500 jobs amid disappointing results
(DBN Subscription Required)

_____________________

DOJ won't appeal SunGard's Comdiso buy
(DBN Subscription Required)

Bankrupt Citrus Company Golden Gem Growers for Sale
(DBN Subscription Required)

Fed Approves Predatory Lending Rule

Sure Save Super Market close to emerging
(DBN Subscription Required)

Former Executive at Mercury Finance Charged with Insider Trading
(DBN Subscription Required)

Airlines:

Midway Airlines' Comeback Creates Commotion
(DBN Subscription Required)

Midway Airline's Holiday Tickets in High Demand Second Time Around
(DBN Subscription Required)

___________________

Credit Suisse IPO Settlement May Hurt It in Civil Suits
(DBN Subscription Required)

Bass Family Sells Its Warnaco Stake
(NYT: separate free registration required)

Bankruptcy filings - Easy credit contributes to record-setting problem
(DBN Subscription Required)

Australia:

Aussie Watchdog Sues One.Tel
(DBN Subscription Required)

_____________________

Canada:

McWatters emerges with restructuring: Mining managers take salary cuts of up to 20%
(DBN Subscription Required)

__________________

England:

Railtrack investors get ready for legal fight as Byers breaks off talks
(DBN Subscription Required)

_________________

France:

Marine Communications to file for liquidation
(DBN Subscription Required)

_______________

Poland:

Dozens of WSE Listed Firms Now on Verge of Bankruptcy
(DBN Subscription Required)

____________

If you received the Daily Bankruptcy News via email, 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  

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 $3/month, payable annually.  A separate password is required for each member of a firm wishing access to restricted links. Volume discounts are available. 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 

Copyright 2001  [BKINFORMATION.COM]. All rights reserved.