August 27, 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

         
Enron:

Andersen Worldwide to Pay $60 Million in Enron Suit Settlement
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How Enron bosses created a culture of pushing limits
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Enron's Creditors Seek Money That Kopper Agreed to Forfeit
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Creditor's suit has eyes for Kopper payment

U.S. Finds Lay Case Tough to Build
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Enron's Creditors Sue To Cop Koppers' $12m
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Ex-Enron Officials Take Different Paths
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Enron returns Texans seat licenses

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WorldCom:

WorldCom creditors seek ammunition
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WorldCom and Enron Workers Unite
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Myers 'ordered end to questions'
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E-mail Blackmail
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Salomon: WorldCom Execs Got IPO Shares
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WorldCom controller tried to stop executive from talking to auditors
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Lost Luster: Dot-Com Falls to Fraud
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Accounting:

'People were coming in my office crying'
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Auditor quits Ladish Co.,says restatements needed
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EU Clears Ernst Young Takeover Of Andersen Germany
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Court OKs WebLink reorg plan
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'Ghosts of past' haunt Conseco
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Bankruptcy court OK's Sheldahl asset sale
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U.S. bond issuance continues to rise
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Steel:

City won't bid on LTV site
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  National Gypsum settles asbestos claims
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Little hope for Talk City users
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Uniroyal:

Uniroyal Tech enters bankruptcy
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Uniroyal Technology Files For Ch 11 Bankruptcy In Del
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Uniroyal Technology files Chapter 11
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Bankruptcy Lawyer Mark R. Somerstein Named Partner
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Airlines:

Carrier's top customer urges bankruptcy filing
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US Airways Wants Labor Deals Rejected
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Creighton says United cost cuts to be revealed this week
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UAL unions to get cutback requests - Airline meets with unions, set to refile with ATSB Sept. 16
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It's Showtime for the Airlines
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United Air to Submit New Loan Application Sept. 16
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Profit plunges at Magellan Aerospace as airline industry woes hit revenues
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Somebody Still Likes US Airways
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Chapter 11 may be the only ticket
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National Airlines owes McCarran $6 million
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Baseball:

Minor League Baseball Game Delayed Because Team Owner In Bankruptcy
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Municipal Bond Investors Flee Stocks and Find Bigger Perils
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Court Confirms Chapter 11 Liquidation Plan For LH Unit
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Creditors Fight Bertelsmann Napster Bid
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Daewoo Faces Boycott Threat From Suppliers
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Baldwins' US units file for Chapter 11 bankruptcy protection
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Ben-Mar settlement blocked
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Adelphia Communications Asks Court To Dismiss Suit By Former Unit
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GlassWorks products may be ticket out of bankruptcy
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New Bankruptcy Opinions
(3 new opinions today)

Bankruptcy Jobs - 58 Jobs - Last Updated August 26, 2002
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Bankruptcy Court Web/Pacer Site Directory

Weird News
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Law Firms:

Firm Goes Into Insurance Business
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In Lyon Hunt, IP Litigators Are the Biggest Game
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Brobeck Loses a Top Biller in Its New York Office
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Judge Axes Microsoft's Fees, Calls Tab a 'Feeding Frenzy'
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Bankruptcy Reform:

Bankruptcy Bill Opens the Door For Wall Street Firms to Advise
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Bankruptcy overhaul faces new hurdle
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eToys:

eToys details liquidation plan
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eToys prepares to pay final debts
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Regulators Seize Pensions At New Jersey Auto Parts Maker
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Wheland properties on auction block next month
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Telecoms:

XO can close on Forstmann
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XO Communications' $800 Mln Rescue Plan Wins Approval
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Judge orders Ipaxs to sell division
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Bankruptcy Judge OKs XO Restructure
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Debt drag: Telecom investors wary of those weighted down the most by debt
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ITC DeltaCom gets court ok for Chap. 11 statement
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Canada:

Struggling-Students
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Germany:

Down, Down, Down in Germany
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