December 14, 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:

Why Dynegy Backed Out
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Enron's 'Outside' Accountants Also Did Inside Audit
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Belfer Family Splits Paths in Handling Enron Stake
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In Enron's 'Kill and Eat' Culture, Innovators Thrived
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Enron makes Whitewater look like peanuts
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Enron Creditors Committee Lawyers Also Lawyers For PG&E Unit Creditors
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Financial Institutions Dominate Enron Creditors Committee
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Enron Filed Emergency Motion
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Enron Contract Hearing Moved To Dec. 18 From Dec. 14
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Enron Wind Enjoys Record Year; All That's Needed Is a New Name
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Spotlight on Enron Is Expected to Lead
To New Oversight of Accounting Firms
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Lawmakers Lambaste Execs In Enron Probe
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Arthur Andersen's 'Double Duty' Work
Raises Questions About Its Independence
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El Paso Elaborates on Enron Plan
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Court OKs US Office liquidation
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Calico Commerce Assets to be Acquired by PeopleSoft; Calico Commerce Plans Voluntary Chapter 11 Filing
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What's in a Name? Less Money for Sports Arenas
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Close Quarters, Few Comforts for Sidley Austin Staffers
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Law Firm Sues 23 Attorneys Who Quit
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Delaware Firm Asks, "What Recession?"
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Houston-Area Firms Cut Frills to Head Off Job Cuts
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Bankruptcy Court Papers Say Marriott Owes Richmond, Va. $46.5 Million
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Wyndham hires restructuring adviser
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Bankrupt Burlington can tap $125M in DIP
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  Calpine:

Calpine Put on Review by Moody's for Rating Downgrade
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Calpine Buys Back Own Bonds
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Covad to emerge from bankruptcy
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Unsecureds to get equity in revamped Sun Healthcare
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Telecoms:

Covad blazes telecom trail out of Ch. 11
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Global Crossing Falls on Concern It May File for Bankruptcy
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Excite@Work customers in limbo
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NextWave Backers Urge End to 'Legal Limbo'
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NextWave Deal Falling Through
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Global Crossing bankruptcy fears
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Capital Spending Slump Ravages Telecoms Industry
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Manville Asbestos Trust Payouts Under Review by Two U.S. Judges
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Andersen's CEO: Auditing Needs "Some Changes"
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Power Utilities:

SoCal Edison chairman to retire
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Calif. Judge Cuts Fees Paid To Some Pacific Gas Advisers
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Lawyers, Accountants in California Utility Case to Collect for Travel Time
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Restructuring . . .

Qwest cuts outlook through 2002, to cut 7,000 jobs
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Airlines:

Feds OK $784,000 for Sun Country
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Court OKs first day orders for Hayes Lemmerz
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Comdisco CEO Is Becoming Reluctant Expert in Bankruptcy Process
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New Bankruptcy Opinions
(No new opinions today)

Bankruptcy Jobs
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Bankruptcy Court Web/Pacer Site Directory

Bankruptcy Reform:

Focus on Bankruptcy Reform - Enron Failure Spurs Bid to Clarify Treatment of Derivatives
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Greenspan, Oxley Meet; Enron Woes Push Netting Bill
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Steel:

Bankrupt LTV chooses new top exec
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Bethlehem Steel President, Other Executives to Retire
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Bankrupt steelmaker LTV picks new chairman
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Journey of hope to save LTV
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Shake-up for struggling U.S. steel makers gains momentum
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EU slams U.S. steel tariffs - European Union threatens trade restrictions if U.S. imposes steel tariffs
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U.S. Steel Forecasts a Bleak Fourth Quarter
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Dressing for Upgrades, And Bankruptcy Blues
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Legg Mason officers see rebound next year
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First Finance officers indicted in fraud case - Two from bankrupt firm charged for use of mortgage funds
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Japan:

Japan Nov Corp Bankruptcy Cases Up 10.0% On Year
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_____________________

Australia:

Shoppers' plastic not so fantastic
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____________________

Canada:

Deal to save Skeena Cellulose still in the air as Friday deadline nears
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SNV Group Announces Bankruptcy
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