April 25, 2002 

Power Utilities:

PG&E Will Fight CPUC's Plan for Bankruptcy
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U.S. Bankruptcy Court Approves Pacific Gas And Electric Company's Disclosure Statement
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PG&E bankruptcy plan clears hurdle, rival bid looms
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FERC to hear Calif complaints about power deals
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DIP Dimensions: The Museum Co. - Termination Fees
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Accounting:

Andersen Submits Its Terms for Settlement
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Andersen Attorney Is New Focus Of Expanding Criminal Inquiry
(WSJ: separate paid subscription required)

Turnaround exec: No Andersen bankruptcy
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Partners, Workers in Andersen's U.S. Business Risk Unit Strike Deal with Rival
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Andersen Fallout Hits Youngest UK Lawyers
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Bankruptcy Is a Remote Possibility For Andersen, Despite Its Problems
(WSJ: separate paid subscription required)

Robert Half, Arthur Andersen reach tentative agreement
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FASB Names a New Chairman
(WSJ: separate paid subscription required)

Andersen letter outlines last-ditch effort to settle with government
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Andersen Under Fire Again
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AIB Fires PricewaterhouseCoopers
(WSJ: separate paid subscription required)

Andersen to blame staff for ripping Enron papers
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House passes accounting reform bill
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Hicks Muse stalks LLS, again
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American seniors rack up debt like never before Medical expenses often feed the cycle
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Jacobson's bonus plan irks union
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Asbestos:

Grace's asbestos fight gets shot in the arm
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Why Federal Mogul Is Mad At Icahn
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Asbestos Mess Continues to Spread
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Baker Hughes CEO says company not corrupt
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Dresdner:

Restructuring pro Miller splits from Dresdner
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Dresdner to spin off NY restructuring group
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Playboy magazine in town for Enron shoot
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After Enron, SEC creating software that spots corporate fraud
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Law firm small but role big in Enron
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The Enron Effect on Insurance Litigation
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Enron-inspired reform OK'd by House 334-90
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Judge Asked To Name Auditor To Monitor Enron Legal Bills
(WSJ: separate paid subscription required)

Creditors of Enron unit don't want parent's DIP
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Crossroads Named Advisor to Employees by the Employee Related Issues Committee in Enron Bankruptcy
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Enron has 2 plans to recapture key pipeline
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Odds seen favorable for Enron survival bid
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Enron-related bills pass House but face slow going in Senate
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Bankruptcy Reform:

Bill Targets Texas' Homestead Protections
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Bankruptcy Compromise Is Stalled As Abortion Politics Come Into Play
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IMF backs insolvency body
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Bankruptcy Bill Fate Uncertain Despite Yesterday’s Progress
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Debtors beware collective action clauses
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Bankruptcy Homestead Limits Set
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Keep execs accountable
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Two More Wall Street Firms Are Targeted in Trading Probe
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Bondholders will take a bath to float aquarium
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Investment banking seems to offer weak Chinese walls and many Spanish practices
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Kmart:

Martha Stewart’s Earnings Slump
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Bankrupt ITS sells security guard business
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Court Delays Hearing on Unpaid Vacation Pay for Former Midway Airlines Workers
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Auburn Hills, Mich.-Based Employment-Services Firm Emerges from Bankruptcy
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Wall Street must write off Argentine debt
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Digital Teleport settles with 4 more creditors
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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

Law Firms:

Part-Timing Takes a Front Seat
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Wilson Sonsini Cuts Are "Worst-Kept Secret"
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Letter from Delaware: What broke Breakaway
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Torts, Contracts & Rock-Hard Abs
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Telecoms:

Teleglobe likely faces bankruptcy: Not enough cash flow: 'Most probable route is a Chapter 11 restructuring'
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Alcatel's Tchuruk May Have to Cut More Jobs as Slump Deepens
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Death of bull market leaves Ebbers in the dust
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Shareholders of Bankrupt Williams Communications Irate
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Telecom industry, not company, faulted in Williams bankruptcy
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Metromedia Fiber Network restates 2001 earnings
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Cogent Communications Acquires Select Assets from OnSite Access; Bankruptcy Court Deal Provides Cogent with Access Rights to NYC Buildings
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Ex-Global Workers Seek Compensation
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Siemens to cut 6,500 more jobs
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Williams Communications' Stock Bought Despite Lack of Future Value
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________________________

Steel:

Republic Technologies finds PE buyers
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'Legacy' Costs Drive Big Changes In Steel, and Retirees Lose Out
(WSJ: separate paid subscription required)

Republic Selling Assets
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__________________________

England:

'Bankruptcy drove my husband to suicide'
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_________________________

Germany:

Kirch Jnr's cable channel files for bankruptcy
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_______________________

Japan:

Hoko Fishing Files For Court Protection With Y28.7B Debt
(WSJ: separate paid subscription required)

_______________________

Canada:

Bankruptcy Petition Filed On ModernGroove In Canada
(WSJ: separate paid subscription required)

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