January 9, 2002 Daily Bankruptcy News

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 (DBN Subscription Required) Judge Orders Motorola to Pay $300 Million Related to Iridium (WSJ: separate paid subscription required) Motorola to Pare 20% From Executive Ranks (DBN Subscription Required) ____________________ Anna Nicole: Lawyers conclude final arguments in Anna Nicole Smith's bankruptcy court fight (DBN Subscription Required) Settlement Urged in Playmate's Case (DBN Subscription Required) _________________ Honeywell would provide Narco DIP loan (DBN Subscription Required) Dotcoms: Dot.com meltdown continues (DBN Subscription Required) Barksdale Group Disbands (DBN Subscription Required) Barksdale Group winds down operations (DBN Subscription Required) _____________________ 2001 Ends With Worst Holiday Shopping Season in a Decade (DBN Subscription Required) Omnicare Completes Acquisition of American Pharmaceutical Services (DBN Subscription Required) Law Firm Restructuring: Shearman Bonuses Far From Going Rate (DBN Subscription Required) ___________________ Genesis bankruptcy concludes - Majority of $4.2 million in settlements paid to doctors Consumer Debt Posts Record Surge (DBN Subscription Required) Fed Officials Projecting Slow Economic Recovery (DBN Subscription Required) Power Utilities: Calif. regulators seek new PG&E bankruptcy plan (DBN Subscription Required) Suit OK'd over PG&E chemicals (DBN Subscription Required) In bankruptcy, PG&E's stockpile of cash amounts to $4.9 billion (DBN Subscription Required) Regulators seek voice in PG&E fate (DBN Subscription Required) FERC judge plans Calif. refund ruling in Aug. (DBN Subscription Required) Pacific Gas and Electric Company Issues Statement on CPUC's Action in the Bankruptcy Case (DBN Subscription Required) ___________________	Enron: Full-Text Search Selected Enron Pleadings (Current Adobe Acrobat Reader plug-in required) (DBN Subscription Required) Group proposed to represent former Enron employees (DBN Subscription Required) Enron's Creditors: Y'all Come Back To Texas (DBN Subscription Required) Some Enron Bidders May Be Playing Wait-And-See Game (WSJ: separate paid subscription required) Group says 'multiple bids received' for trading arm (DBN Subscription Required) Enron gets offers for unit (DBN Subscription Required) BP bids $25M for part of Enron's trading arm (DBN Subscription Required) Enron Reps Met Cheney or Staff 6 Times (DBN Subscription Required) Corzine calls for probe of Enron failure (DBN Subscription Required) Enron favors Sempra Energy to buy its metals trading group (DBN Subscription Required) AEP takes over Enron offices in Scandinavia (DBN Subscription Required) ____________________ Getting pumped over Indesco bankruptcy (DBN Subscription Required) Airlines: Sun Country's Creditors Force Airline Into Bankruptcy (DBN Subscription Required) Creditors ask that Sun Country be liquidated (DBN Subscription Required) Nearly all airlines hesitant to apply for government loan guarantees (DBN Subscription Required) US airlines in slow recovery (DBN Subscription Required) Speculation Surrounds Buy of US Airways Stock (DBN Subscription Required) _________________ Navy asked to buy half-built cruise ship-Northrop (DBN Subscription Required) Settlement near for Allegheny Health, Pa. creditors (DBN Subscription Required) Restructuring . . . Sears to Cut 1,500 Jobs, Exit Carpet Business (DBN Subscription Required) _____________________ Condo Towers on Miami Beach Go Bankrupt (DBN Subscription Required) UpRight could move jobs to Madera - Selma would lose positions under bankruptcy plan (DBN Subscription Required)	New Bankruptcy Opinions (2 new opinions today) Bankruptcy Jobs (DBN Subscription Required) Bankruptcy Court Web/Pacer Site Directory South Carolina-Based Polymer Group's $1 Billion of Debt Downgraded Again (DBN Subscription Required) Global Technovations Bankruptcy Case Venue Transferred to Michigan Judge Approves Part Of Bridge's Bankruptcy Plan (WSJ: separate paid subscription required) SEC Says Former InaCom Officers Manipulated Earnings (WSJ: separate paid subscription required) Hong Kong: Web Site Booms as More People Go Bust (DBN Subscription Required) _________________ Japan: Japan Needs a Lot of Lawyers Daiei, Banks Discuss Remedies to Retailer's Debt Woes (DBN Subscription Required) Japan braces for record high bankruptcies in 2002 (DBN Subscription Required) Failed listed firms leave record debt (DBN Subscription Required) ____________________ Argentina: Argentine banks face bankruptcy Devalued peso casts shadow over Argentine economy (DBN Subscription Required) Argentine-Europeans try to flee chaos (DBN Subscription Required) Pretend Economy Fueling Argentina (DBN Subscription Required) ____________________ Poland: Court postpones Elektrim hearing (DBN Subscription Required) ______________________ Australia: Bankruptcies To Keep Rising More in ACT bankrupt in last quarter (DBN Subscription Required) GST blamed for boom in busts ____________________ England: Curse of the Dome may claim London Arena (DBN Subscription Required) _____________________