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Adelphia's
Rigas: I'm Innocent, I Tell Ya
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Adelphia
meets deadline for L.A. fee payment
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_____________________
Jury
Awards $5M for Credit Reporting Error
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WorldCom:
Laid-Off
WorldCom Employees to Get First Installment of Severance Packages
(DBN Subscription Required)
FCC
May Not Stop WorldCom Move
(WSJ: separate paid subscription required)
WorldCom
Asks Court to Reject Cingular Wireless Bid
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Upstart
telecom IDT goes after biggest deal -- WorldCom assets
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Bondholder
Committees to Stay Intact
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WorldCom
to Drop Cell Customers, Transfer Accounts to Other Companies
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BT
keeps eye on WorldCom assets
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Charges
Near over WorldCom Scandal
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AFL-CIO
tackles WorldCom severance
(DBN Subscription Required)
___________________
Telecoms:
Global
Crossing ready for auction
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Senators
Decry Telecom Executives
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Senators
Criticize Excesses of Telecom Executives
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Telecom
bust: How did it happen?
(DBN Subscription Required)
Troubled
telecoms promise no disruption in services
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Broadband
Wireless gets prepack OK
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Little
agreement on telecom fixes
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Tycoon
cashed in on Qwest
(DBN Subscription Required)
Icahn
boosts offer for XO
(DBN Subscription Required)
Suitor
Said Ready to Rejoin Global Crossing Hunt
(NYT: separate free registration required)
Motient
Fires 94 Employees to Cut Costs
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Telecommunications:
Lament but Little Repair
(NYT: separate free registration required)
Mpower
exits quickly
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GT
Group Telecom - Extension to U.S. Court Protection
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Williams
Communications Amends Bankruptcy Reorganization
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Network
Access to keep key personnel with retention and severance plans
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_________________
IBM
to acquire PwC Consulting
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Sunterra
rises from Ch. 11
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Steel:
Deal
near for Hazelwood's last LTV parcel
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Whose
Steel?
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__________________
Bleak
future for Napster
(DBN Subscription Required) Providian
to cut 1,300 jobs as profits decline
(DBN Subscription Required)
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Is
New York the New Delaware? - Most of the recent, major bankruptcies have
been filed in New York
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Renaissance Cruises:
Judge
OK's Renaissance bankruptcy plan
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Three
Credit Card Firms Hit Hard by Renaissance Cruises' Bankruptcy
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____________________
Enron:
Merrill
defends Enron deals
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Merrill
On Enron: Unknowingly, We Went Along
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Critics
wonder: What about Enron? - Complex issues slow investigation
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Senators
grumble about Merrill
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Merrill
Banker Had Many Direct Ties to Enron
(NYT: separate free registration required)
Enron
to put Quebec's Stadacona plants up for sale
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Former
Enron CFO to sell palatial dream home
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Analyst
Olson is the man Enron loved to hate
(DBN Subscription Required)
__________________
Airlines:
Vanguard
Air stalls out
(DBN Subscription Required)
Feds
Playing Hardball With Airline Loan Program
(DBN Subscription Required)
Vanguard
Airlines Files for Bankruptcy After U.S. Rejects Loan Guarantee
(DBN Subscription Required)
Airline
suspends flights, asks other carriers to aid travelers
(DBN Subscription Required)
Vanguard
Customers Look for Refunds
(DBN Subscription Required)
Airline
shuts shop -- fliers stranded / Vanguard ceases operations, plans
bankruptcy, firings
(DBN Subscription Required)
US
Airways Agrees to $3.5 Million Loan for Midway Airlines
(DBN Subscription Required)
1,000
former TWA pilots join Icahn lawsuit
Small
carriers want concessions in UAL-USAir deal
(DBN Subscription Required)
___________________
Advertising
Rises in Pittsburgh with Bankruptcy of Prescription Discounter Phar-Mor
(DBN Subscription Required)
Energy:
PG&E
Has Basis for Rate Claim
(DBN Subscription Required)
Outlook
still dim at Dynegy
Mirant
Says It Overstated as Much as $253 Million
(NYT: separate free registration required)
__________________
Corporate Reform:
Executives
in top US collapses made $3.3bn
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NYSE
seen sticking by initial governance proposals
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Executives'
Hot Seats Get Hotter
(WSJ: separate paid subscription required)
Lawmakers
Say Bush May Roll Back Part of Reform Law
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US
companies turn to 'the grey suits'
(DBN Subscription Required)
Bush
converts, signs corporate abuse law
AFL-CIO
Seeks Corporate Reforms
(DBN Subscription Required) __________________ Economic
Slump, Layoffs Fuel Bankruptcies in Memphis, Tenn.
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New
Bankruptcy Opinions
(No new opinions today)
Bankruptcy
Jobs - 90 Jobs - Last Updated July 22, 2002
(DBN Subscription Required)
Bankruptcy
Court Web/Pacer Site Directory
Weird
News
(DBN Subscription Required) Bankruptcy
Reform: Phoenix-like
Bankruptcy Bill To Return In September
(WSJ: separate paid subscription required) ___________________
Conti
confirmed as U.S. judge - Pine bankruptcy lawyer expected to start
hearing cases in a month
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Pinnacle
reorg plan OK'd
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Amfac
revival plan earns approval from U.S. court
(DBN Subscription Required)
Budget:
Budget
seeks $1.2B financing package
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Cendant
looking to buy bankrupt Budget
(DBN Subscription Required)
Industry
Turmoil Sparks A New Car-Rental Game
(WSJ: separate paid subscription required)
____________________
American
Candy Company Has Retained Keen Realty In Chapter 11 Proceedings
(DBN Subscription Required)
Asbestos:
W.R.
Grace, Sealed Air Lose Ruling in Asbestos Case
(DBN Subscription Required)
U.S.
Senate panel plans hearing on asbestos issues
(DBN Subscription Required)
_________________
Ex-Salomon
tipster fined $9M
(DBN Subscription Required)
Law Firms:
Firms'
Dress Codes? Read the Fine Print
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British
Firm Reneges on Partner Payments
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________________
Ontario,
Calif.-Based Physician Management Group Denies Impact of PhyCor
Bankruptcy
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Indiana
is tops in U.S. in personal bankruptcy
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House
vote on tax havens could cost bankrupt Wisconsin company APW millions
(DBN Subscription Required)
Aladdin
Gaming Seeks Extension Of Ch 11 Plan Exclusivity
(WSJ: separate paid subscription required)
Canada:
General
may sue Indigo
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General's
extension depends on Scotiabank
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Canmine
to seek protection from creditors
(DBN Subscription Required)
___________________
England:
Slip
the debt trap
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____________________
Israel:
Lawyers
angered by Bank Leumi's new commissions on debtor fees
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_______________
Japan:
Japanese
leader survives first no-confidence vote
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____________________
Uruguay:
Uruguay
takes action on bank withdrawals
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__________________
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