April 19, 2002 

Bankruptcy preferences: cashing the check may not be the end of the story
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Friede Goldman:

Friede Goldman gets $4.4M for shipyard
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$1 Friede Goldman shipyard sold by U.S. for millions
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Polaroid:

Polaroid assets sale hurts shareholders
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Polaroid Sells Assets to Bank One
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Bank One's PE arm bids for bankrupt Polaroid
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Polaroid Sells Assets to Bank One
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Kmart:

Even as Kmart failed, chiefs lived high on the hog
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Shareholder Asks To Add Equity Panel To Kmart Ch 11 Case
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The Shaw Group Wins Bid for Assets of The IT Group, Inc
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Enron:

US Trustee Reviews Banks' Membership on Committee
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FERC gives Enron more time to file Calif data
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Verado Holdings Wins OK On Liquidation-Plan Statement
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Contract data from Enron 'of no value'
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Judge OKs Enron's $19.3M sale of steel inventory
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Enron collapse sends fund gains up the creek
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Labor Dept. questions Enron's intent in pension deal
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Enron ad a blight at Pac Bell
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Digital Goods Files Ch. 11
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Venture Capitalists Buy Bankrupt ServerVault
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Official recommends bankruptcy for Michigan city
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Judge hears creditors' claims for builders' cash
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Glenoit Wins Bankruptcy Court OK To Sell Fabric Operations, Agrees To Sell Others
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Major medical practice files bankruptcy
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Sunbeam creditor committee wants to propose another plan
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Corralling TWA
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Accounting:

Andersen Closer to Demise as Settlement Talks Fail, Experts Say
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Andersen, Feds Break Off Talks, Breakup Accelerates
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Crunch time ahead for Andersen
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More clients leave: Apogee Enterprises, Boise Cascade, Southern Energy Homes,VA Software, Remington Oil, Hartford Financial, Advanstar, Anchor Glass, Sirius Satellite, BioTransplant, Heidrick & Struggles
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Newsletter Says Andersen Has Lost 113 Clients in 1st Quarter
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Association for Financial Professionals Adopts Positions on Reform Proposals
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Big Five Merger Will Create Canada's Largest Accountancy

Fraud Squad - As Financial Scandals Mount, Forensic Accounting Becomes Hot Area
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DOJ Gives Tax Preparers a Turn in the Hot Seat

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TMP Worldwide Acquires Jobs.com URL and Trademark In Bankruptcy Sale
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Law Firms:

Law firms' changes resemble business paths
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Bankrupt Golf Course in Lakeland, Fla., Back on Market after Sale Falls Apart
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Xerox debt disclosure paints bleak picture
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Nortel seen axing thousands
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Coleman case trustee stays the course on $10 million in claims
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TenX Capital buys FiberCom
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Fruit of the Loom plan looks good
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Slow pace frustrates creditors
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Borden Chemicals and Plastics Operating Limited Partnership Completes Sale
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Billboard firm faces bankruptcy
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Fort Worth, Texas, Printing Equipment Maker Stevens International Plans to Liquidate
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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

Harrah`s Entertainment Responds To `Frivolous` JCC Holding Lawsuit
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Comdisco:

Comdisco given more time
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Bankruptcy Court Extends Comdisco`s Exclusivity Period to File Plan of Reorganization to July 31, 2002; Approves Asset Sales
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Espire Seeks Court OK To Sell Substantially All Its Assets
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Applied Theory:

Fastnet bids to buy Applied Theory Corp
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AppliedTheory files for Chapter 11 to sell units
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Bankrupt St. Louis-Area Company Huntco Sells Steel-Processing Plant
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Bankruptcy filings may rise on ripple effects of recession and 9/11
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Greenway Partners Group Seeks Equity Committee For Covanta
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Bankrupt HQ Global shuts 2 local sites, still optimistic
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Emerald Entertainment to emerge from Chapter 11
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Court: Mill complex needn't be broken up
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360networks Wins Court Nod For $26 Million Settlement With Qwest
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Opticon Medical Secures Financing for Reorganization
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England:

Net widens in search for buyer of ITV Digital
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Japan:

Japan's loan collection body complains of curbs
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China:

Large Beijing supermarket chain goes bankrupt
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Canada:

Canadian Imperial Venture Corp. Creditors Endorse Debt Restructuring Plan
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