December 3, 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:

Enron files for Chapter 11
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Enron flees to Chapter 11 protection
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Enron Units Seek Bankruptcy Protection; Firm Sues Dynegy Over Aborted Merger
(WSJ: separate paid subscription required)

Enron Filings, Including Petitions, 20 Largest, and Complaint Against Dynegy
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Dynegy says Northern Natural Gas pipeline cannot file for bankruptcy
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Path to Settling the Claims Will Be a Long One, Experts Say
(NYT: separate free registration required)

Andersen faces Deloitte Touche investigation
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Enron Customers Seek Backup,
Check Contracts for Out Clauses
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Enron's Demise Saps Houston's Energy
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Looking for Judgment on a Shattered Deal
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Enron lenders vie for bailout role
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Enron is financial regulators' nightmare come true
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Dynegy to pursue Enron pipeline as lawsuits mount
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Enron Seeks Bankruptcy Protection From Creditors
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Enron lists assets, debts and creditors in court filing
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Enron: The nightmare continues
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The Internet Didn't Kill Enron
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Dynegy Comments On Enron Bankruptcy Filing
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Enron Faces Grim Odds in Bid to Survive
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Many Firms On The Hook For Mountains Of Enron Debt
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Enron: Could your stock be next?
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Enron Set for Dubious Place in Business History
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Finance Firms Stand to Gain Share
Of Markets Enron Once Dominated
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Concern grows over RBS exposure to Enron
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Enron's Swoon Imperils Grand Experiment In Deregulation of Nation's Power Markets
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UK banks count Enron cost
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At Enron, best Lay plans go awry
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Enron exposure to credit derivatives unusually high
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Enron's Fall Looked Inevitable, in Hindsight
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Chaos as receivers go into Enron Europe
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Texas-Based Investors in Enron Escape from Brunt of Financial Problems
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Hedge funds reap benefits from Enron's woes
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Enron woes written on wall? - Energy company joins list of financially troubled stadium sponsors
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Shock waves - Could the collapse of Enron result in a global financial crisis?
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Dynegy waived right to abandon merger: Enron
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Bankruptcy of Energy Trader May Hurt Many
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Enron CEO Was Generous to Houston;
Now City Feels the Pain of Firm's Swoon
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Enron's Collapse Trickles Down to Retailers and Factories
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Enron's Asian Workers Shred Paper, Wait for News From Houston
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(continued)

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  Enron (cont.)

U.S. Stocks Fall in Europe; Citigroup, J.P. Morgan, Ford Drop
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Workers, Retirees in Omaha, Neb., Stunned as Enron, Corp., Stock Sinks
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Indian Firms Put Enron Unit Buyout on Hold
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It's going to create a mess for some time': 'A spectacular wipeout
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Credit-Derivatives Market Faces
Stiff Test After Collapse of Enron
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Enron Scrambles for Funds to Ease Way Into Bankruptcy
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U.S. Attorneys Inform Regulators
They Want to Monitor Enron Probe
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Collapse will worsen office rental market
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End of Enron Rattles European Firms
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Enron's Collapse Could Cost
Insurance Industry Billions
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FERC says energy markets not harmed by Enron
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Dynegy says entitled to Enron

Enron administrators dismiss 1,100 London staff without compensation
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Towers of steel, feet of clay
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Enron's Woes Reach Firms Around World As Aftershocks Roil Markets, Manufacturers
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Enron: A sorry tale of overblown expectations
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EnronOnline Still Trading
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Enron Provokes Storm of Controversy
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Banks seek to allay fears over exposure to Enron
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_____________________

Sheraton Corp. Claims Inexperienced Associate Cost It $50.1 Million
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Telecoms:

Court: At Home can cancel broadband pacts
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AT&T Statement
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Challenge To NextWave Settlement Imminent
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Sorting Out the At Home Mess
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Internet network cuts its service to 850,000 after bankruptcy judge OKs move
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Telecom Firms Knew Market Wouldn't Be All That Fell
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AT&T working to restore Internet access after ExciteAtHome turns off high-speed service
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Cox, Charter Talk With At Home to Avoid Web Shutoff
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______________________

DIP warms Malden Mills
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Dotcoms:

C&W buys bankrupt Exodus
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______________________

Junk Bonds Rally on Economic Hopes
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Power Utilities:

SoCal Edison faces angry creditors
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Utility Seeks Operations Transfer
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PG&E Seeks OK for Reorganization
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____________________

Fighting for Survival - In Sign of Tough Times, Bankrupt Mill Could Leave Employees in Lurch
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Lender won't have to pay severance to ex-Payless Cashways workers
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New Bankruptcy Opinions
(1 new opinion today)

Bankruptcy Jobs
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Bankruptcy Court Web/Pacer Site Directory

Five asbestos cases in Delaware shipped to N.J.
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SpeechWorks wants L&H auction reopened
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Airlines:

Midway Airlines: Flights to resume with bailout money
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Midway to Get $10 Million in Federal Money
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America West Awaits Loan-Board Ruling
As Airlines Look for Billions in Guarantees
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British Airways, Other Carriers Offer Low Fares to Boost Demand
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TWA name fades away
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The Next What-If: Tour Company Bankruptcy
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How Canada 3000's party 'stole Christmas': Down-market bash last straw for defunct airline's workers
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________________________

Bankruptcy Reform:

The right to go bankrupt becomes IMF orthodoxy
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Fundamental element of bankruptcy system
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Bankruptcy conference update
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_________________

Lenders to sell bankrupt Aladdin in 6-12 months
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Retirement penalty - COD Income
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Sulzer Medica agrees to mediation
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AXA PE joins secondary market crush
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Joblessness: Help Wanted
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Economy:

Economy Shrank Much More Than First Thought in Third Quarter
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Fed ready to ease again: Rate cut needed to offset ripple effect of Enron's collapse
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___________________

Foodarama sees financial impact from Big V
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England:

You think the trains won't get worse? Think again
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Home sale lets Aitken end his bankruptcy
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Blair growing worried by performance of Byers
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____________________

Japan:

Japanese Bonds Fall, as Enron Losses Seen Spurring Redemptions
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______________________

Argentina:

Argentina close to collapse after run on banks
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Argentina Restricts Bank Withdrawals
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Argentina Clamps Down as Depositors Panic
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______________________

Norway:

Kvaerner admits defeat and accepts merger
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____________________

Brazil:

Transbrasil faces yet another bankruptcy charge
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____________________

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