January 4, 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:

Full-Text Search Selected Enron Pleadings
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Enron to Cede Pipeline to Dynegy, Retain Lawsuit
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Enron Can Cancel Energy-Services Contracts, U.S. Judge Rules
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Enron Cedes Pipeline Unit
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Dynegy to Buy $23M Enron Pipeline
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Enron probe to look at ex-Andersen executives
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Sale seen for Enron's metals trading business: Administrator expected to finalize sale by next week
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Enron's Circus Maximus
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The Enron Post-Mortem
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AG seeks probe of Enron's auditor
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Federal Judge Postpones Enron Contract Hearing To Jan 15
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Political ties create a stir after Enron fall
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Former Enron CEO Skilling Approved Partnership, Executives Say
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Andersen links to Enron probed: Investigators to examine role of two of the energy trader's executives who previously worked for auditor
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Broadband Strategy Got Enron in Trouble - Bid to Create Market for Fiber-Optic Space Included Aggressive Accounting
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Inspection of Enron pipelines requested
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Glenn C. Pollack Appointed Ch. 11 Trustee for Grand Eagle, Inc.
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Bankruptcy Preparers Hit
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Anacomp:

Anacomp emerges from bankruptcy
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Anacomp Completes Debt Restructuring, Emerges From Chapter 11
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Carmike Cinemas says set to emerge from bankruptcy
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Pillowtex could exit Chapter 11 in June
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Slatkin to Halt Advisory Role in Investments
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GreenPoint to halt prefab home lending due to increase in defaults and losses
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Six clues to recession’s end - These signs will show when the downturn is over
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Toledo, Ohio-Area Bankruptcies Skyrocket 44 Percent to 7,989
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First Amendment Doesn't Shield Church That Profited From Ponzi Scheme
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Credit cards aren't free - Too many 20-somethings are trapped in debt
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Bankruptcy record set in'01
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Trio of Arlington, Texas, Businessmen May Buy Bankrupt Doctors Group's Assets
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  Tentative settlement reached in Allegheny bankruptcy case
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Telecoms:

NextWave in court
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Wireless Firms May Restore Deal for Airwaves
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Nextel subsidiary could file bankruptcy
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In Search Of Address Permanence
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McLeod to miss January interest payments of $62M
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Homestore.com Admits It Overstated '01 Results
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Law Firm Restructuring:

Another Valley Firm Lays Off Lawyers, Staff
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Profit Plunge - Led by a steep decline at Brobeck, tech firm profits nosedived in 2001
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Willkie Ups Bonus Amounts
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Quiet Layoffs at Boston Firms in 2001
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Charlotte Branches Close
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Airlines:

Adviser to bailout panel raises concerns over ties to airline industry
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The risks of aiding airlines
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Canada 3000 may rise from ashes
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Midway Airlines Dodges Snow Storm, Keeps Planes Flying
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Airlines wary of terms for loan guarantees - Government gets option to buy stake in America West as part of bailout
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UAL to close 5 reservations centers - Closings to result in almost 900 job cuts
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Angel Air suspends all its services `Temporary' move to cut operating costs
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Accountants kill global credential plan
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ACT:

ACT lands $9.5M DIP loan
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ACT Manufacturing gets bankruptcy financing
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Leader files for bankruptcy after deal deadline passes
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The Economic Rebound
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Providian:

Credit-Card Firm Providian Cuts 800 Jobs as Defaults Grow
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Providian chief denies risk of failure
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Bankruptcy Filing Not Expected to Impact Albany, N.Y., Hotel
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U.S. December Payrolls Seen Falling 150,000
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New Bankruptcy Opinions
(No new opinions today)

Bankruptcy Jobs
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Bankruptcy Court Web/Pacer Site Directory

Sunkist's Health Plan Collapses, Expected to File Bankruptcy
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National Record Mart marking final days
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Quality Stores Bankruptcy Sale Worries Farmers
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Steel:

Bush Asks for More Data in Steel Import Case
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LTV Nonunion Retirees to Lose Health Care, Insurance Benefits
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Power Utilities:

State came within kilowatt of signing lopsided PG&E deal
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Ruling in PG&E bankruptcy case - Cities, counties won't be 'at table'
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PG&E: Lawsuits Should Move to Court
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PG&E moves to block state probe
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Judge to rule on PG&E case
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Regulators, Energy Companies Make Power Play for Control of California's Grid
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Kmart:

Kmart shares continue downward spiral
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Market Eyes Retail REITs With Big Exposure To Kmart
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No Sure Way Seen to Keep Kmart Shining
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Kmart Running Out Of Believers
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Debt may be drag on recovery
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Poland:

Bondholder threatens Elektrim with bankruptcy
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Argentina:

Argentina defaults on debt
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Argentina braced for currency revolt: Warning of French-style revolution on eve of peso devaluation
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Argentines Bracing for the Worst
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A tale of 2 countries and their economies
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England:

Fears of Halifax liability loophole
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Cedar continues to slide as investors fear worst
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Serbia:

Bank employees storm bank's headquarters in Belgrade
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