Creditors
Are Challenging Banks' Dual Roles
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Accounting:
Andersen
Jury Deadlocks in Enron Shredding Trial
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The
Lawyers Chill in Houston
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Judge
urges Andersen jurors to end deadlock, reach a verdict
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Jury
leaves Andersen trial on tenterhooks
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SEC
adds more accounting rules
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Vertex
grabs Andersen software unit
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CEOs
may have to vouch for reports
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Law
to clean up US accounting stymied by political dissent
SEC
plan: CEOs vouch for company reports
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Omnicom
tumbles 33% - Advertising company tries to ease worries about its
bookkeeping.
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Arthur
Andersen Continues to Lose Accounting Business in Denver Area
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_______________________
Telecoms:
PSINet
facility fetches $11M bid
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Impsat
seeks fast turnaround
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Struggling
Viatel plots comeback with restructuring
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Williams
Communications Creates $30 Million Fund to Retain Employees
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European
telcos pick over KPNQwest
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Global
Crossing’s April loss narrows to $163m from March
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Court
approves pay deal for Global Crossing CEO
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__________________________
Kaiser:
Kaiser
Aluminum Seeks Extension of Exclusivity Period for Plan of Reorganization
(DBN Subscription Required)
Utility
seeks refund from Kaiser
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___________________
Economy:
Fed
report tempers US growth optimism
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Economy
Maintains Growth, But Its Pace Remains Uneven
(WSJ: separate paid subscription required)
_________________________
Group
not ready to cede control of casino
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Egghead
pieces up for auction
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Wareforce
bankruptcy galls losing local bidders
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ImClone:
Ex-ImClone
CEO Arrested for Insider Trading
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Martha
Stewart Livid
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______________________
Comdisco:
Winners will get bonsuses simply for sticking around - Losers will get
pink slips
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DIP
Dimensions: Provell Inc.
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A
Rolling Enron
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Keen
Realty Announces Bankruptcy Auction Date Set For 76.6 Acres Hudson River
Property
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Letter
from Delaware: Reviving the restructuring
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Enron:
Enron
severances to be paid by early July
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Ex-Enron
Workers Pursue Bonuses Given to Executives Before Collapse
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Arkansas
joins other states in suit against Enron
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Groups
back plan to change PGE ownership
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MBA
hopefuls look to Enron for lessons in failure
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_________________________
Archibald
sours, gets DIP loan
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Adelphia:
Buffalo
group might bail out Sabres
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Adelphia's
Chapter 11 cloud
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Adelphia
Sinks on Bankruptcy Concerns
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Cable
unit's Chapter 11 no big deal locally
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_____________________
FrontLine
Capital files for Chapter 11
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Airlines:
United
chairman: Carrier will seek loan guarantee if employee concessions are won
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Delta
Air Lines Sees $170 Million Loss
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Siegel's
style eases concession talk
United
Seeks Employee Concessions
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_____________________
Kmart:
Kmart
releases restated earnings
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Joint
venture bids for leases on 53 closed Kmart stores
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______________________
Three
MCA Financial Execs Charged With Fraud
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Power Utilities:
US
FERC sets hearing on part of PG&E bankruptcy plan
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Prosecuting
Traders Won't Fix California's Energy Market
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Davis:
Tech firms must help pay to fix energy deregulation
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Executive
at Nevada Power's Parent Company Denied 'Round-Trip' Energy Trades
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Dynegy
expected to announce layoffs, says spokesman
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Dynegy
ex-CEO sold nearly $34 mln of stock in May
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Tulsa,
Okla.-Based Williams Cos. to Scale Back Energy Deals
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_______________________
WFRC
Subsidiary Files for Chapter 11 Bankruptcy
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New
Bankruptcy Opinions
(1 new opinion today) Bankruptcy
Jobs - 152 Jobs - Last Updated June 10, 2002
(DBN Subscription Required) Bankruptcy
Court Web/Pacer Site Directory
A
question of leadership - Has the time come for bondholders to get some
representation of their own?
(DBN Subscription Required) The
Dirt A Bull Market Leaves Behind
(DBN Subscription Required) Insurance
for Management Errors Can Fail if a Firm's Insurer Does
(WSJ: separate paid subscription required) New
Power: Southern
to buy NewPower assets
(DBN Subscription Required) Southern
tries gas power play
(DBN Subscription Required) New
Power’s bankruptcy leaves Waco customers with different electric company
(DBN Subscription Required) __________________________ Weese-case
trustee seeks 'sham' assets
(DBN Subscription Required) Alan
Brill To Sell 22 Newspapers
(DBN Subscription Required) The
Executive Suite Goes Sour - Aura Is Tarnished As Scandals Arise And Stocks
Fall
(DBN Subscription Required) Former
Workers Seeking Benefits from Bankrupt Locomotive Shop in Paducah, Ky.
(DBN Subscription Required) Court
Denies Holder Motion To Dismiss Polaroid Ch 11 Case
(WSJ: separate paid subscription required) SEC
plans formal investigation of Tyco
(DBN Subscription Required) Consumer
Lending Continues Modest Upswing
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Propane files for bankruptcy
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Companies Neared Bankruptcy, Analysts Still Cried "Buy"
(DBN Subscription Required) Genespan
Corp. files for Chapter 7 bankruptcy
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Catholic Church Faces Questions About Finances
(NYT: separate free registration required) Evansville,
Ind.-Based Media Firm Owner Aims to Keep Assets
(DBN Subscription Required) Daewoo
Motors' Warranties Could Be Up in Air
(DBN Subscription Required) Builder
seeks to shed debt
(DBN Subscription Required) Germany: More
of Kirch Group topples
(DBN Subscription Required) _______________________ Argentina: New
money for Argentina 'unlikely'
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demands new austerity measures in Argentina
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put heat on grant bosses to bail out bankrupt companies
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management
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mount for Koizumi as clock ticks on reforms, popularity plunges
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