December 18, 2002 

Conseco reaches pact with creditors
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Conseco seeks protection - With more than $6B in debt, becomes third-largest bankruptcy in U.S. history
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Conseco bankruptcy at hand
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Conseco Finance Corp. Reaches Agreement in Principle to Sell Company's Assets to CFN Investment Holdings
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Conseco files for Chapter 11 bankruptcy
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Insurance giant Conseco bankrupt
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eco Seeks Chapter 11 Protection
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Questions, answers on Conseco's plight
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Conseco, Inc. Reaches Agreement in Principle on Restructuring with Banks and Bondholders
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A Look at the History of Conseco
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Insurance group faces challenge
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Sale of Friede Goldman Offshore approved
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Law Firms:

Texas Summer Associates Grade Their Firms
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75 Law Firms Unite to Voice Concerns Over SEC Disclosure Proposals
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Morgan Stanley Loses Bid To Make NY Lawyer Just Go Away
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Arquit jumps to Simpson Thacher
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King & Spalding Expands in London
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Firm Adds Another Layer of Management
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Clifford Chance’s Arquit in shock resignation for Simpson Thacher
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Newborn to stay at CC following Arquit loss
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KLegal in crisis talks with trainees
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Staff Costs Put Pressure on Law Firm Profitability
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Linklaters in anti-sleaze drive as former Swedish partner is jailed
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Six contenders emerge in race for A&O global banking head
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Beswick chosen as Osbornes chief
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Telecoms:

WorldCom CEO Begins to Clean House; Six Board Members Resign
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WorldCom Can Pay $9M Owed Under Employee Programs
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Global Crossing plan nearly OK'd
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Global Crossing may find going tough in market
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Bankruptcy judge OKs Global Crossing's plans
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Global Crossing ready to move ahead
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WorldCom ousts 6 from board
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WorldCom begins search for new board members after six resign
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A Novo Broadband plans to file for bankruptcy
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Energy:

NRG asks court to dismiss bankruptcy filing
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More U.S. energy traders face defaults
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FERC judge sets wide scope for Calif power evidence
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Asbestos:

Electrolux hit with 194 class action asbestos suits
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UAL has until Dec. 26 for union pact
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Bankrupt UAL Paying Advisers $13,000 an Hour
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Firms Landing United Airlines Bankruptcy Work
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For United, Liquidation Is a Very Real Possibility
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United stock sale barred
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United Warns of Contract Overhaul
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United issues an ultimatum to unions
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Delta being isolated on $100 standby fee
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Bank of New York Says Airlines Will Hurt Its Earnings
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Senior officer resigns from UAL
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Weakened US airlines face crippling blow from Iraq war
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United Restates Commitment to Achieving Consensual Agreements With Unions On Cost Reduction Proposals; Active Discussions
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S&P downgrades Air Canada
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UAL needs to cut costs, fast
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Peers honor retiring bankruptcy judge Fussell
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Ex-Tyco Director Pleads Guilty to Felony
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Ex-Tyco Exec Walsh: I Did It, I'll Pay; Ebbers Cronies Quit WorldCom
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Enron:

Enron treasurer to repay earnings from shady deal
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XTO Energy/Enron: Settlement Approved By Bankruptcy Ct
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City chooses Goldman Sachs in Enron subsidiary bid
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Former subsidiary catches up on back taxes by issuing check
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UK accountants under Enron scrutiny
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Senators blast 'a calculated sham'
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Steel:

BethSteel may have to liquidate
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Bethlehem Steel Opposes Possible Takeover of Pension Fund
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Pension bailout threatens deal for Bethlehem
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Calvin Klein's Big Sale Day
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Dollar Hurt by Bankruptcies
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Wrong credit reports hurt loan applications
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Study attacks credit reports
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Curious Mom Faces Credit Report Trial
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Discounts fail to lift retail spirit
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Kmart, retailers lead decliners
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Obscure Title Insurers Feel New Pressure
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Mark Nutritionals Gets Approval for Sale of Company Headquarters
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Second Party Shows Interest in Bankrupt DataPlay
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Bankruptcy filings in Hawai'i down 10 percent
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Vinyard Construction of Olathe ceases operation, files for bankruptcy
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Digital Commerce Corp. Emerges From Bankruptcy
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Can a New Frederick's Squeeze Back Into Top?
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New Bankruptcy Opinions
(1 new opinion today)

Bankruptcy Jobs - 784 Jobs - Last Updated December 10, 2002
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Bankruptcy Court Web/Pacer Site Directory

Weird News
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FAO Schwarz:

FAO May Be Forced to File for Chapter 11
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Saying it faces bankruptcy, FAO asks lender to relax its rules
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FAO Schwarz Parent Warns It May Have To File Bankruptcy
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FAO/Liquidity: Says Unable To Seek Other Alternatives
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NewPower to get examiner
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Squabble leaves PermaGrain firm bankrupt
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Accounting:

Foreigners chafe at audit rules
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Probe of Andersen Lawyer Is Sought by House Panel
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Accountant arrested on $1.4M credit card fraud
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KPMG reports profits of £406m
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KPMG UK results disappoint
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Is Failure to Teach Ethics the Causal Factor?
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Audit Board Hears Views on New System
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Peace, love, and goodwill...Andersen
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Oregon's Only Locally Headquartered Department Store Files for Chapter 11
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Bankruptcy Reform:

Bankruptcy lawyers eye GOP Congress, proposed reform
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Wall Street ups opposition to IMF bankruptcy plan
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Corporate Reform:

Deciding on Executive Pay: Lack of Independence Seen
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Firms, Government Reconsider Role of Credit-Rating Agencies
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Citigroup's Weill Might Avoid Charges Over Faulty Research
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Union Acceptance Reaches Agreement on Receivables Sale
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Bankruptcy Court Grants Insilco's Initial Requests
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England:

London Court To Decide "Inevitable Insolvency" Case Against Colt Friday
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IVAs & Bankruptcy
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Japan:

Japan Says Recovery Is Faltering as Production Slumps
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BOJ keeps sombre economic view in December report
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Germany:

Court upholds put that killed Kirch empire
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Business gloom deepens in Germany
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Canada:

Mosaic makes twin filings
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Mosaic seeks protection, to pursue restructuring
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France:

BNP could counter Agricole
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