April 15, 2002 

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

         
Federal Mogul may manage exit from bankruptcy
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Economy's 'undertakers' prosper in slump
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Cook Islands and other safe places to hide uneasy money
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Enron:

Enron-Dynegy legal case moved to Houston
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U.S. Inquiry Tracks Insiders at Enron

Duke, Dynegy top Enron tower-buying list
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FBI Investigates Army Secretary For Insider Trading on Enron
(Wall Street Journal: separate paid subscription required)

SEC, others fight Enron's plan for retention bonuses
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Pentagon official under investigation in Enron case
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Army Secretary defends calls to Enron friends
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Steel:

WL Ross gets half of reorganized LTV
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ISG moving to restart LTV plants
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Steelworkers wait to be recalled to duty
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Sept. 11 economic fallout hits retail property market
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Businesses Should Be Careful When Extending Credit to Customers
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Banks might hold up NTL restructuring plan
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Net2000 Communications Creditors Panel Sues Lenders
(Wall Street Journal: separate paid subscription required)

Rebels face off against taxman, history
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Distress is its specialty
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Shooting `star' falters, files for Chapter 11
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Law Firms:

Skjerven Pulls Out of Texas, Orange County
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Hiring Trends: Associate Attrition
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Charting the Top Firms of 2001
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In Wake of Enron, Shearman Mulls LLP Status
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Financial Restructuring Removes Family from Ashland, Ky., Coal Producer
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Stock Analysts:

Lawsuit brought against analyst
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The great stock analyst scam

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Kaiser gets Webvan's stuff cheap
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2 companies trying to buy Jore Corporation
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  Long Island Firms Grab Pieces of Big NY Bankruptcies
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The Taming of the Finance Officers
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Telecoms:

Creditors fear fees tied to bankruptcy of Global
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McLeod plans successful bankruptcy exit
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Flag Telecom flutters into bankruptcy
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UPC May Seek Bankruptcy Protection Unless Debt Accord Reached
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Metrocall heads for Chapter 11
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Staying the Course
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'Off-the-scale' fiber glut rocks telecom industry
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The Besieged Banker

Accounting:

Andersen shredding overstated by DOJ
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SEC rolls out reforms
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Andersen criminal probe focuses on individual acts
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Accounting firms merge
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Locals loyal to Andersen
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Andersen, Justice Continue Talks
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Problems at Arthur Andersen Cast Spotlight on Accounting Profession
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A Peek at Andersen-Enron Ties
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G-P dumps Andersen as auditor
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Wheel of woes - Turnaround firms assist with critical finances
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Yellow Flag May Be Out for Parts Makers

Kmart:

Kmart Seeks Increased Pay for CEO
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Behind the Martha Mystique
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Jacobson's has $57 million loss
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Power Utilities:

Enron Deals Were a 'Sham,' Regulator Testifies
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Beliefnet.com files for bankruptcy

Zenith Industrial Gets Final OK To Use Cash Collateral
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Australian Law Firm Investigated for Document Destruction
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New Bankruptcy Opinions
(No new opinions today)

Bankruptcy Jobs - Updated April 8, 2002
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Bankruptcy Court Web/Pacer Site Directory

Miss America Bottom Line Isn't Pretty
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Exide:

Salina, Kan., Takes Wait-See Attitude on Technology Firm's Rumored Bankruptcy
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Exide Technologies Files for Reorganization
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Court confirms AEI reorganization plan
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Brokers May Face More Suits Amid Probe
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PharMor creditors want reorganization authority
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Caution tempers economic outlook
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Bankrupt IHS reportedly gets bids on homes
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Airlines:

Vote, report mark ominous signs for Vanguard Airlines
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Bankrupt Jazzland themepark opens for its third season
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The Diehard Economy - Why the doomsayers keep getting it wrong
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Florida-Based Rental Company NationsRent Sued by Boulder, Colo., Residents
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Fraud Probe Into Movie Gallery Unit Continues
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Canada:

Canada's Alderbrook goes bust
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Korea:

Hynix creditors reply to Micron offer
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Germany:

Sailing Close to the Wind of Insolvency
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Japan:

Despite industry spin, fate of bad-loan banks unsure
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FSA's bank probe sparks downgrades for large borrowers
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Japan Audit Finds $10 Billion More in Bad Loans

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Argentina:

Citigroup weakened by $858m Argentina exposure
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IMF Calls For More Changes To Argentine Bankruptcy Law

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