January 11, 2002 

Daily Bankruptcy News

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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:

Full Text Search Enron Pleadings [Current Version of Adobe Reader Plug-In Required]
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Recusals, revelations and missing Enron documents
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Hiatus for Enron unit bodes ill
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Press Briefing by Ari Fleischer
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JP Morgan, insurers fight over Enron bond
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A Texas-sized scandal
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Enron Conducts Auction of Its Key Trading Business
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Texas U.S. attorney office steps back from case
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Enron Shareholders Push Asset Freeze
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Enron Gave Bush Aides Warning of Meltdown
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Energy traders fear Enron sweetheart deals
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Destruction of Enron documents "extremely serious"-SEC
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Feds Circle Enron
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Enron Canada seeks white knight
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Enron Wholesale Trading Auction Proceeding as Planned
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Enron Broadband Trading Losses Grew as Company Touted Success
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Enron sparks pension law study
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Morale falling faster than Enron stock - Enron's master of disaster
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Investigators may find it hard to turn Enron allegations into indictments
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Bush contact with Enron disclosed - Number of key documents destroyed, auditor says
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Bad Governance: Let's Uncover the Enron Connection
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Call for criminal charges if Andersen willfully destroyed Enron papers
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Enron Haggling Over Bids for Trading Unit
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Rank and Yank at Enron
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Case raises questions on disclosure and auditing
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Differing Versions in Enron Affair
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Enron debacle deepens
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Investigating Enron
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A Familiar Capital Script
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Questions, Answers Regarding Enron
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Enron 'desperate' to sell India assets
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The furor over Enron is starting to raise some uncomfortable questions
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Enron Furor Grows
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Bush to Look at Employee Risks, but Experts Say Solutions Won't Be Easy
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Enron affair explodes around White House
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Widening probe of Texas-based Enron could dog Bush as Whitewater plagued Clinton
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(cont.)

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  Power Utilities:

California sues PG&E for up to $4B
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Lockyer Sues PG&E Under 17200
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PG&E Submits Summary of Remaining Objections To the U.S. Bankruptcy Court
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Suit Accuses Big Utility in California of Fraud
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Calif. Sues PG&E Parent Company
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PG&E Suffers Setback in Battle Over Lawsuits
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PUC Approves Edison's Plan for Repayment
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Bankrupt Burlington asks to pay $13 million in bonuses as it lays off 4,000
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Judge approves Indesco plan
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Kmart:

Cryptic Statement By Kmart Rekindles Bankruptcy Fears
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Kmart to miss profit forecast, may seek additional financing
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Kmart Sees Earnings Shortfall, Talking to Lenders
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At Kmart, Lots of Blue but Little Light
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Washington Group takes a big step
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Competitor bids $1.7m for assets of Troy Mills
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Zimmerman reflects on 'depressing' final days of Service Merchandise
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Airlines:

Sunnier days predicted for tourist industry, airlines' forecast still cloudy
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Qantas workers agree pay freeze
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Shares in Dow Tumble on Asbestos Concerns
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Dow Chemical settles Texas asbestos case
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Former Bankrupt Dot-Com Shifts From E-Biz to G-Strings
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Capital One in talks to expand Vacation Village
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Polaroid Withdraws Request for Executive Retention Bonuses
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Printware, Inc. Announces Plan of Liquidation
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Retailers Avoid Doomsday December
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Loews Cineplex To Seek Court OK For Chapter 11 Statement
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Enron (cont):

Enron-White House Dealings Questioned
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Enron's Dubious Digs
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Lifetime's savings lost in a corporate scandal
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Enron's debacle leads to questions of ethics
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Bush backs probe into Enron as financial scandal grows
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Enron Probe Crosses Many Political Borders
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The case against Enron
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Battling Over 401(k) Reform
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New Bankruptcy Opinions
(3 new opinions today)

Bankruptcy Jobs
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Bankruptcy Court Web/Pacer Site Directory

Bankruptcy Reform:

Senate to Reopen Bankruptcy Bill Issues
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Motient:

Motient files pre-packaged bankruptcy plan
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Beleaguered Motient Files for Chapter 11
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Jeffrey Krause Rejoins Stutman

Significant Rise In Bankruptcies Predicted
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UN Envisions Slight Growth In Economies
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Telecoms:

Verizon exits NextWave talks
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Verizon Wireless Drops Bid to Settle License Dispute
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Assessing the Debt Landscape
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Bisou Bisou Seeks Bankruptcy Protection
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Steel:

U.S. steel mills raising key domestic prices
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Wheeling-Pittsburgh Steel Gets Financial Support Package
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Stars are aligning for reversal of steel industry's fortunes
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Bondholders on watch as Navigator steers erratic course
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Shared Technologies Cellular Gets Preliminary Authorization for Debtor-In-Possession Financing
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LBO debt ratings take a dive
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Argentina:

Calls for Argentine rethink as banks face vast losses
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Argentina Freezes CDs
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How Argentina Blew Its Big Chance
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Argentina Crisis Triggers Health Emergency
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Outsiders question Argentine plan
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Argentines look abroad for escape
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Canada:

Large increases in personal and business bankruptcies
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Ottawa looks at appealing seizure of NISA account by creditors in Manitoba
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Bankruptcies down in November
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Soaring debt will derail recovery: Paying off loans will replace shopping as a pastime
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England:

Railways face further year of troubles, passengers warned
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Railtrack investors press button on legal action
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