January 18, 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:

More than one Enron official warned company about growing crisis
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Bankrupt Enron fires Andersen
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Andersen falls deeper into Enron crisis
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Enron keeps lawyers busy, but potential conflicts abound
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Enron threaten lenders on loan recall

Beleaguered Enron Fires Andersen Accounting Firm
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Enron The Incredible

Ex-Enron Auditor Blames Firm Lawyers
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Vinson to Enron: No need to worry
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Andersen faces $19bn Enron damages

Andersen head office central to Enron probe
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Lay-ing Low - Enron's chairman had to have known that his company was far smaller than it looked

Andersen denies it knew of key Enron memo
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Gramms regulated Enron, benefited from ties
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Enron rooted in hands-off Houston ethos
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Enron, Election Seen Directing New Session
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Pitt advances cause for accounting watchdog
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Sen. Mulls Removal From Enron Probe
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Accounting For Texans - Arthur Andersen fires a partner it says shredded Enron papers, but the auditor's problems began years before

Lawyers detail links to partnerships

Florida to Investigate Purchase of Enron Stock for State Pension Fund
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Enron 101: A case study
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Enron, Auditor Pin Blame on Each Other
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Enron Collapse Creates Push to Tighten Rules Governing 401(k) Plans
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Investigators Prepare for Enron Case
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Florida's last-minute Enron stock buys probed
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Banks break the old boundaries: The Enron scandal highlights how complex the financial and credit system has become.
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Ten Congressional Panels Conducting Enron Inquiries
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Enron Exec Warned Auditors on Practices
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Andersen, Enron hire legal heavyweights: Who's who of law world
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Andersen weighed dropping Enron as client

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  Shocked ... shocked!
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First sale in Warnaco auction
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Stop & Shop Supermarket Company Signs Letter of Intent for Big V Supermarkets
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Audio Visual's plan, DIP loan OK'd
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Steel:

U.S. Steel-National Steel deal has a way to go
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Power Utilities:

PG&E Slaps State With Breach of Contract Claim
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PG&E sues California for $4.1B
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San Francisco-Based Utility Firm Suffers Setback in Court
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S&P Says PG&E Could Be Creditworthy
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Court Approves Sale of Exodus to Cable & Wireless
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Telecoms:

FCC Pursues Appeal in NextWave Dispute
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NextWave Negotiators Get More Time
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SEC Proposes New Group to Oversee Accountants
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Harvard Files for Chapter 11
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Texas Economy Isn't Out of the Woods Yet, Report Shows
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Jacobson Stores Inc. Obtains Cash to Operate
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Metris Comments on Fingerhut Closing
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Consumer Banking Growth Helps Citigroup
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Bankruptcy Reform:

A bankrupt solution to sovereign debt
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11th Circuit Raps King & Spalding Over Discovery
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A Tale of Two Banks
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Enron: (continued from 2d column):

'A Crooked Company'
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O'Neill: Enron Task Force to Report
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What Enron did is a moral outrage
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Thursday's Enron Developments
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New Bankruptcy Opinions
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Bankruptcy Jobs
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Bankruptcy Court Web/Pacer Site Directory

Halo sells Canadian assets to Beanstalk
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Once bright Candescent sinks under debt
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Kmart:

Kmart shuffles management
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Blue Light Special Is Red Ink
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Crisis of confidence gathers pace as retailer studies the options
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Kmart Running Out Of Cash
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Kmart - There is no sign of improving cashflow
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Airlines:

US Airways Losses $1 Billion in Fourth Quarter
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Airbus cuts 6,000 jobs as carriers cancel orders
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Arison loses appeal on debts
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Asbestos:

Asbestos casts shadow over US corporations
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Asbestos 'nightmare' hits U.S. firms: Investors play it safe: 'Why stand in front of a speeding freight train?'

Viacom stock hit by asbestos liability fears
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Japan:

Dalei Bailout Plan Raises Questions
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Fears grow for Japan's economy
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England:

Lloyd's to ditch tradition

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Argentina:

Scotiabank must write off Argentine assets, S&P says
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Poland:

Court Cancels Elektrim Bankruptcy Trial, Opens Settlement
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France:

Large companies are going bankrupt in France again
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