February 19, 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:

Employees could alter dynamic of Enron's efforts to rebuild
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Probe to Examine Enron's Strategies
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For Enron's Lay, Texas Ain't Bad Place for Redemption
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An Enron cloud covers an industry
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Enron Employees, in a Court Victory,
Are Allowed to Form Creditors Panel
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Records raise questions over some Enron gas trades
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Enron to go on legal offensive
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Enron case could be largest corporate forensic investigation
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Impact of Enron story gets broader as it goes
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Experts Offer Scenarios on Where Enron Scandal May Lead
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Enron's Legacy: A New Wariness
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Annual Report Raises Questions
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Watching a free-market correction
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Denbury sells Enron claim for $9.2M
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Enron board role blasted
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Congress to Investigate Wall St.'s Ties With Enron
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Enron and Andersen execs sat on tax reform board
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Enron execs could do time
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Dabhol to seek buyers for Enron stake
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Wisconsin state investment board pursues Enron lawsuit
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Enron's overseers did nothing as creative financing wrecked
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Penn State profs say Congress could have prevented Enron collapse
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Enron investigation reveals Oklahoma losses
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Ex-Enron Chief Leaves Lobbyist Board
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ONGC serves removal notice on Enron Oil
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Making a case the big question
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Enron problem disclosure, not accounting: Dynegy exec

Enron CLE Course's Handling Rankles Some Bar Members
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The Energy Industry Gauges the Enron Damage
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  Retention bonuses under fire
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Airlines:

United consulting with bankruptcy lawyer-report
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United Announces Tentative Deal
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__________________

Deep pockets are in - A generation of spendthrifts?
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Telecoms:

From Enronitis to telesclerosis
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Kmart:

Shareholders seek Kmart role
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Kmart says it will list stores to close by March 11
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Kmart Outlines Plan for Closing Stores
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Contractors file claims seeking pay from Kmart
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Super Kmart conversions put on hold
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The Origins of the Law on Bankruptcy
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Firms Seek Offshore Tax Havens In Effort to Escape Taxes in U.S.
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Steel:

LTV, Bethlehem Steel Companies Work on Bonus Payments for Employees
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A lonely campaign to preserve LTV site
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Guilford Mills sells division; buyer will shut down operations
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Law Firm Restructuring:

Steady demand for contract legal staff - Law firms take cautious approach to hiring
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Sidley Austin Being Investigated for Age Bias
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Milberg Weiss Stands to Score Key 9th Circuit Victory On Competitive Bidding By Class Counsel
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Bankruptcy Haunts Greensboro, N.C., Textile Manufacturer
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Charlotte: Bankruptcy filings rise nearly 30%
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Halliburton, Honeywell See Filings As a Way to Manage Asbestos Suits
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New Bankruptcy Opinions
(No new opinions today)

Bankruptcy Jobs - February 18, 2002
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Bankruptcy Court Web/Pacer Site Directory

Decora chief questions bankruptcy plan
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Accounting:

Arrogance
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Andersen Faces Trial in Church Case
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Pressure mounts in California to reform accounting oversight
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Andersen, Underwriters, Agree to Pay $19.4M in Boston Chicken Debacle

Confidence in Market Shaken by Accounting Probes
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With Big Five consulting firms tarnished by the Enron-Arthur Andersen debacle, solution providers say they expect to land some new customers
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_______________________

Commercial debt management seen as bankruptcy alternative
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Foreclosure rates surge across Indiana
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Lason Seeks Court OK to Sell Mail Sorting Unit
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Japan:

SIC launches buyout fund for distressed firms
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___________________

Korea:

Hynix creditors balk at Micron's $4B offer
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_____________________

England:

Banks threaten air control bankruptcy
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Air traffic service denies cash crisis
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The lessons of Land Rover's off-road ride
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ComRoad slides as UK partner files for bankruptcy protection
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Pension . . . what pension?: Many people still plan to rely on the state when they retire. Big mistake
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________________________

Canada:

After surviving bankruptcy and takeover, name of Canadian retail icon to finally disappear
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