January 25, 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:

Lawmakers bash Andersen
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Enron may get new boss
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Trying to Salvage What Can Be Salvaged
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You Enron, but You Can't Hide
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Following The Paper Trail In The Enron-Andersen Scandal
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Enron-type accounting problems widespread, ex-SEC chief says
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Stephen Cooper front-runner for Enron CEO job
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Andersen draws fire for delay before halt of shredding
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Ex-chief up for huge severance
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UC vies with Florida system to take helm in Enron suit - 2 pension funds top losers in collapse of firm's stock
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Expert: Derivatives Enron's downfall
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Ill. Regulators Likely To Strip Enron Energy-Sale Rights
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Enron's new CEO could be savior or victim
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Many May Be Surprised to Be Enron Investors
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Like Enron employees, Lay could lose nearly all
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Would-be coalition members watching Enron hearings

Text of fired auditor's appearance at hearing
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Energy-Trading Venture Could Result
In an Enormous Loss for J.P. Morgan
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Lawmakers still don't know what was in Enron documents, who shredded them and why it wasn't stopped
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Sempra reviewing Enron assets for possible purchase

Ex-Workers Say Unit's Earnings Were 'Illusory'
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Enron gave insider info to investors
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Enron’s Victims Multiply - Now, Arthur Andersen stands to lose cash, credibility and clients
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Judge orders Arthur Andersen to preserve Enron documents, clears the way for depositions
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Andersen Officials Blame Auditor
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Andersen May Lose License to Audit Texas Firms
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Related Developments
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Andersen is under board investigation
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E-Mail Shows Andersen Knew of 'Fraud' Risk
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An Optimist Sees the Chaos Become Surreal Spectacle
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Judge approves depositions on shredding
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(continued in 2d column)

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  Georgia-Pacific CEO lashes out at bankruptcy rumors
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Power Utilities:

PG&E to contest bankruptcy rule
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PG&E, regulators face off in bankruptcy hearing
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PG&E Bankruptcy May Prove Costly
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PG&E's not insolvent -- it's just greedy
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California, PG&E Fight for Control
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PG&E To Seek Transfer From State To Federal Oversight
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A Look at Pacific Gas and Electric
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Calif. consumer group slams PG&E restructure plan
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__________________

Public Oversight Board to consider Pitt's ideas
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Western Wisconsin Bankruptcy Filings Reach Record High in 2001
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Restructuring . . .

Gateway slashing 2,250 more jobs
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Enron (continued from 1st column):

Shareholders Seek To Bar Conflicts
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Search for new Enron leader begins - like looking for someone to captain the Titanic – post-iceberg

Lead auditor in Enron case invokes constitutional right not to testify
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Enron Australia administrators propose liquidation
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Firm in Shareholder Suit Faces Own Investigation
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Enron warned division's profits widely overstated, ex-employees say
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Legal maze likely to keep Lay busy
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Dumbfounded by Document Destruction
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Loss booked as unit profit, memo claims
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Enron's Lay Cancels Meeting with Jesse Jackson
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Panel wants to quiz Bush officials, regulatory agencies
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Charities planning to replace Enron donations
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Astros are fielding inquiries over new brand for ballpark
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Enron sailed into a perfect storm
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Andersen Tests Resources, Power of State Authorities
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Resignation Could Yield Enron CEO Big Benefits
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____________________

 

New Bankruptcy Opinions
(1 new opinion today)

Bankruptcy Jobs - updated 1/25/2002
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Bankruptcy Court Web/Pacer Site Directory

Bankruptcies -- Not Over Yet
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Longer bankruptcy stays increase cost
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Involuntary bankruptcy filed against Roadhouse Grill
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MedicaLogic files Chapter 11, sells unit
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Bankrupt W.R. Grace & Co. wants extension
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Credit Insurers: The Road Ahead
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Court negs termination fee for AMC buy of GC Cos.
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Greenspan more upbeat on economy - Fed chief says recession appears to be diminishing
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Research Inc. files for chapter 11
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Bankruptcy Reform:

Some Say Congress Should Strike Bankruptcy Reform Provision
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Number of Bankruptcies Filings in Oklahoma Rise 21 Percent in Past Year
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Kmart:

Kmart assured of supplies
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Grocery supplier, other vendors resume shipments to Kmart

Kmart bankruptcy filing could hurt NC textiles, apparel
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___________________

Partners in Colorado Baseball Team Uncooperative with Bankruptcy Trustee
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Can You Collect From Chapter 11 Co.?
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Steel:

Trico Steel to be sold
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LTV will sell coke plant
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Steel maker announces new labor contract
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___________________

Argentina:

Argentine Gov't Split on End to Bank Savings Freeze
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Argentine Bankruptcy Bill Further Crimps Ailing Banks
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______________________

Canada:

Report Skeena deal has failed worries northwest B.C. residents
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_______________________

Hong Kong:

HK courts face test in bankruptcy case
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