January 9, 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

         
Iridium:

Motorola ordered to pay $300m for Iridium loan
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Judge Orders Motorola to Pay
$300 Million Related to Iridium
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Motorola to Pare 20% From Executive Ranks
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Anna Nicole:

Lawyers conclude final arguments in Anna Nicole Smith's bankruptcy court fight
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Settlement Urged in Playmate's Case
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Honeywell would provide Narco DIP loan
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Dotcoms:

Dot.com meltdown continues
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Barksdale Group Disbands
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Barksdale Group winds down operations
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2001 Ends With Worst Holiday Shopping Season in a Decade
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Omnicare Completes Acquisition of American Pharmaceutical Services
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Law Firm Restructuring:

Shearman Bonuses Far From Going Rate
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Genesis bankruptcy concludes - Majority of $4.2 million in settlements paid to doctors

Consumer Debt Posts Record Surge
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Fed Officials Projecting Slow Economic Recovery
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Power Utilities:

Calif. regulators seek new PG&E bankruptcy plan
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Suit OK'd over PG&E chemicals
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In bankruptcy, PG&E's stockpile of cash amounts to $4.9 billion
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Regulators seek voice in PG&E fate
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FERC judge plans Calif. refund ruling in Aug.
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Pacific Gas and Electric Company Issues Statement on CPUC's Action in the Bankruptcy Case
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  Enron:

Full-Text Search Selected Enron Pleadings (Current Adobe Acrobat Reader plug-in required)
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Group proposed to represent former Enron employees
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Enron's Creditors: Y'all Come Back To Texas
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Some Enron Bidders May Be Playing Wait-And-See Game
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Group says 'multiple bids received' for trading arm
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Enron gets offers for unit
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BP bids $25M for part of Enron's trading arm
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Enron Reps Met Cheney or Staff 6 Times
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Corzine calls for probe of Enron failure
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Enron favors Sempra Energy to buy its metals trading group
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AEP takes over Enron offices in Scandinavia
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Getting pumped over Indesco bankruptcy
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Airlines:

Sun Country's Creditors Force Airline Into Bankruptcy
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Creditors ask that Sun Country be liquidated
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Nearly all airlines hesitant to apply for government loan guarantees
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US airlines in slow recovery
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Speculation Surrounds Buy of US Airways Stock
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Navy asked to buy half-built cruise ship-Northrop
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Settlement near for Allegheny Health, Pa. creditors
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Restructuring . . .

Sears to Cut 1,500 Jobs, Exit Carpet Business
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Condo Towers on Miami Beach Go Bankrupt
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UpRight could move jobs to Madera - Selma would lose positions under bankruptcy plan
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New Bankruptcy Opinions
(2 new opinions today)

Bankruptcy Jobs
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Bankruptcy Court Web/Pacer Site Directory

South Carolina-Based Polymer Group's $1 Billion of Debt Downgraded Again
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Global Technovations Bankruptcy Case Venue Transferred to Michigan

Judge Approves Part Of Bridge's Bankruptcy Plan
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SEC Says Former InaCom Officers Manipulated Earnings
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Hong Kong:

Web Site Booms as More People Go Bust
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Japan:

Japan Needs a Lot of Lawyers

Daiei, Banks Discuss Remedies to Retailer's Debt Woes
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Japan braces for record high bankruptcies in 2002
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Failed listed firms leave record debt
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Argentina:

Argentine banks face bankruptcy

Devalued peso casts shadow over Argentine economy
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Argentine-Europeans try to flee chaos
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Pretend Economy Fueling Argentina
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Poland:

Court postpones Elektrim hearing
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______________________

Australia:

Bankruptcies To Keep Rising

More in ACT bankrupt in last quarter
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GST blamed for boom in busts

____________________

England:

Curse of the Dome may claim London Arena
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