December 5, 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:

Lawyers profit as Enron goes bust - Firm’s collapse caps huge year for the bankruptcy bar
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Pipeline key to Enron's DIP and future
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Accounting's Big 5 vow change after Enron collapse
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Potential Backers of Enron Wager
Firm's Former Clients Will Return
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Right on the money
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Lawyers Lining Up to Dissect Collapse
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After Enron, New Doubts About Auditors
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Companies' Enron exposure estimated at $5 bln
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Behind Enron's Fall, a Culture of Secrecy Which Cost the Firm Its Investors' Trust
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Enron Direct sold to Centrica for $137M
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How Could Enron Have Fallen Apart? - Board, analysts, auditors all under scrutiny
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Enron's Rise and Fall
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Enron Bankruptcy a Creditors' Maze
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Congress Widens Enron Probe
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Enron doesn't derail US power deregulation
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Guess who's asking state for surplus electricity? Once mighty Enron low on power
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Enron extends gains on emergency deal
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Mass. regulator plans employee stock ownership law
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Enron bankruptcy burns CalPERS retirement system
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Belfer Family Is Big Loser In Collapse of Enron Stock
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House panel asks SEC for Enron documents
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Enron's Just One Of 2001's Bankruptcies
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Govt. May Probe Enron's Impact
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New auditing rules sought after Enron debacle
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Enron redirects online trading to its trading room
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Enron wins breathing space
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Watching a 410(k) fall
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Enron pursued private investors before filing bankruptcy
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Banks fund $16 mln Enron commercial paper
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The St. Paul Companies Reports Aggregate Limits Exposed to Enron Bankruptcy At Less Than $85 Million After-Tax, Net of Reinsurance
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Enron flameout could lead to reform of corporate accounting - Auditors, SEC criticized for lax scrutiny of earnings
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100 million strikes and you’re out
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Galvin targets a 401 (k) policy - Bill seeks to lift curb on worker stock sales
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Top Enron investor says missed warning signs
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Energy Giant Down But Not Out
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More U.S. House panels to probe Enron collapse
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Reliant eyes Enron employees and business covetously
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Investors Gamble on Enron Rise
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Post-Enron Lessons
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Enron has financing and a rising stock, but analysts aren't predicting a recovery
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  Enron (cont.):

Texas Sized Tiff Follows Bankruptcy
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Enron's Utility Shift on Texas Grid
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Senator Says Enron Violated 401law, Should Pay
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Enron Losses May Inspire 401(k) Reforms
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Enron debacle forces audit rethink
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Seeking Prestige, Courts Compete
For High-Profile Bankruptcy Cases
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Law Firm Restructuring:

Despite It All, Rates Rose at Many Firms
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Homeland to close, sell 26 stores
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Airlines:

Airline Aid Tops $3.7 Billion
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Brazilian airline suspends flights
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Bankrupt Midway Airlines believes it can fly - many reasons to question the carrier's long-term potential
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Lower Fares Help Airlines Fill Seats
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Telecoms:

Cox, Excite reach deal on service
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Excite creditors imperil service deal
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Excite@Home bondholders plan lawsuit
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Excite@Home: A bluff too far?
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ExciteAtHome to Fold on Feb. 28
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AT&T scraps At Home deal
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DSL providers jump at chance to pick up new subscribers from bankruptcies
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Teligent, in Bankruptcy, Continues to Light Up New York Skyline
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Dotcoms:

Amazon.com purchases Egghead.com Web site, some assets
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Recession forecast to end in early `02; recovery to be weak
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Bruce Bren:

Luxury builder files bankruptcy, plans to liquidate business
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High-profile home builder Bruce Bren says he's bankrupt
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Steel:

Court delay lets LTV live another day
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LTV tries to prove case that steel operations can't be saved
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LTV Testifies in Bankruptcy Court
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LTV's Fate In Hands Of Federal Bankruptcy Court
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Republic, Steelworkers Near Deal
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Hurdles Gone In U.S. Steel's Acquisition Plan
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Steelmakers in merger talks
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USWA Says `Federal Action Essential to Ensure Consolidation of American Steel Industry'
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LTV says $250M not enough
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New Bankruptcy Opinions
(No new opinions today)

Bankruptcy Jobs
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Bankruptcy Court Web/Pacer Site Directory

Bankruptcy filings in U.S. courts set record in FY 01
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Forecast: California economy to rebound in second quarter
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In turnaround, California prepare to cover Enron customers
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Leadership Can't Be Bought
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Europeans Taste U.S.-Style Layoffs as Region Teeters Near a Recession
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Mortgage Volume Props Up Profitability; Delinquencies Rise
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Restructuring . . .

BT cuts 13,000 jobs in retail unit shake-up
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______________________

Loewen says set to emerge from bankruptcy

McLeodUSA shares fall, Moody's downgrades debt
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Experts see wave of hotel failures in new year
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Bankruptcy filings are up, another sign of a creaking economy
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Prost In 2002 Start List, Despite Bankruptcy
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Cleveland: Bankruptcy filings here outpace U.S. rate
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ATG, Inc. Files for Chapter 11 Protection
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Menands, N.Y.-Based Music Wholesaler Files for Bankruptcy
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Bankruptcy Filings Down in 3rd Quarter
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Borden Chemicals Executes $38M Pact For La. Plant Sale
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Power Utilities:

PG&E unit says to file amended reorganization plan
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More Time for PG&E Creditors
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State officials want separate trial on PG&E judge's authority
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Consumer group won't represent PG&E users
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Court Sets Schedule to Address Adequacy of Disclosure Statement and Preemption Issues
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PG&E told to clarify bankruptcy plan
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Canada:

Scam aims at debtors, creditors
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_________________

Australia:

Bankruptcies soar as credit card spenders pile up debt
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Banks hit out at consumer debt report

______________________

Argentina:

Attempting to avert bankruptcy
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______________________

Mexico:

More Mexican Companies Begin Process To Declare Bankruptcy
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___________________

France:

Brandt Buyer To Be Known By Weekend
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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.