June 20, 2002 

Bankruptcy Administrator Opposes PG&E's Choice of Proxy Firm
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CFO Doty resigns at Dynegy; 300 in Houston get pink slips
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Smaller Energy Mkt Could Hurt Traders With Good Credit
(WSJ: separate paid subscription required)

Last Year's Shocks Still Ripple Through Public Power Market
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Southern Company Signs Asset Purchase Agreement To Acquire NewPower's Georgia Natural Gas Business
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Natural Gas Marketer in Georgia Will Entertain Rival Bidders
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Energy Co Debt-Cutting Moves Don't Allay Credit Concerns
(WSJ: separate paid subscription required)  

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More bleeding, less competitive lending
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Bumps rising in Napster buyout - intellectual property transfer issues
(NYT: separate free registration required)

Kmart:

Kmart creditors criticize exec pay
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BlueLight Web Name Burns Out
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Kmart Sees $20M In Fees For First Three Months Of Ch. 11
(WSJ: separate paid subscription required)

Kmart auctions off 57 leases of closed stores
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Kmart lawyers seek pay for sleuthing
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Court Denied Request To Delay Auction
(WSJ: separate paid subscription required)

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Why Boardroom Bad Guys Have Now Emerged en Masse - The 1990s Stock Bubble Magnified Shifts In Business Mores as Watchdogs Napped
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Accounting:

Andersen may request earlier sentencing date
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Andersen School Drops 'Teachers'
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Andersen has two shots at reversing guilty verdict
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Few Jobs Await Andersen Staff
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SEC Readies Reform Plan For Auditors
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Critics Blast SEC's Oversight Plan
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Will SEC's auditing board redeem Pitt?
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Auditing Reform Can't Wait
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Clean Harbors OK'd to buy ex-rival's unit
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Mold getting a costly hold on homes
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Enron:

Enron hopes to expand Swidler law firm's duties for workers
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Andersen Verdict Won't Help Enron Plaintiffs Collect Cash
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EOTT takes $2.3 million loss for quarter after Enron delay
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Enron Awaits Andersen-Suit Backlash
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Aircraft Facility in Harrisburg, Pa., Seeks Bankruptcy
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ChannelPoint Inc. Bankruptcy Possible
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Bankruptcy petition puts casino hearing on hold
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Companies seeking insulation from mounting asbestos lawsuits
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D&O Insurance Fees Jump
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Bankruptcy Reform:

U.S. lawmakers close to bankruptcy bill deal
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Law Firms:

Big Firms, Diverse Practice Areas Lure Crosby Lawyers
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Unhappy Returns: IRS Moves To Bring Back Random Audits
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Ansonia Copper&Brass dodges Chap. 11 with sale
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Telecoms:

Covad offers cut-rate DSL in bid to add customers
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Versatel seeks protection
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Versatel results steady in shadow of restructuring
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SureWest Signs Agreement to Acquire Assets of WINfirst
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KPNQwest survives shutdown threat
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KPNQwest bondholders to call for inquiry
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Alarm bell rings for Canada's telecoms
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McLeod Is Test Case of Theory: Chapter 11 Helps Telecom Firms
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Price wars taking toll on telecoms
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Cerberus haggles over ICG plan
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EchoStar Settles Gilat Dispute Only to Face SES Challenge
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Embattled Firm Accepts SureWest Communications' $12 Million Bid
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Dallas firm sues in Vegas, alleges fraud by Denver-based Qwest
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Mobilcom's Creditors To Approve Debt Plan
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Airlines:

Swissair Executives Face Criminal Investigation
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National Airlines reports loss of $4.6 million for April
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Anger flares over policy on larger passengers
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United to cut $430 million in pay 

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President Casino

New York Bank Says St. Louis-Based Casino Firm Defaulted on Bond Issue
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New York bank seeks to seize the President
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Childtime Learning Submits Bid To Buy Tutor Time
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Ames:

Ames Receives Court Approval for New Financing
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GE Capital Lines Up Help for Bankrupt Ames Department Stores
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Tyco's purge should claim some directors --analysts
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Tax-Lien Investor Squeezes Lakefront Owners in Florida
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New Bankruptcy Opinions
(No new opinions today)

Bankruptcy Jobs - 149 Jobs - Last Updated June 18, 2002
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Bankruptcy Court Web/Pacer Site Directory

Letter from Delaware: Bankruptcy winds shifting to Chicago?
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Budget:

Budget Faces Bankruptcy Following Bids
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Cendant in talks to acquire Budget through prepack for $100m
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Times are changing - this generation of reorganizations nightmarish at times
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Adelphia:

Adelphia Is Expected to Move by Monday on Bankruptcy Step
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Adelphia woes give customers cause to worry
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Eleven More Adelphia Business Affiliates File For Ch 11
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Adelphia May Lose Buffalo Sabres Franchise To NHL
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Plaintiffs Suing Adelphia Want Court Trial
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Adelphia's local work force faces uncertain future
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Default Volume For First Half 2002 To Top $50 Billion
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DIP Dimensions: Desa Holdings
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VC firm wants Sweet Factory
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Martha & Other Heroes
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Buyback of bonds opposed
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Steel:

Analysts Expect Recoveries by Bethlehem, National Steel to be Short-Lived
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Steelmaker Nucor Offers to Buy Shuttered Qualitech Mill in Pittsboro, Ind.
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Business star brightens sky at Bethlehem
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Steel bonds gain from price hikes but risks lurk
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Court Gives National Steel More Exclusive Plan Time
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Indonesia:

Manulife told to accept ruling
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Indonesian Minister on Disputes With Canadian Insurer
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Some AJMI customers have started terminating contracts
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Lawyer says bankruptcy law must be revised
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Germany:

Germany's Teetering Banks
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England:

Appointment of a Bankruptcy Registrar
(DBN Subscription Required)

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Argentina:

Argentine Corporates Slow To Devise Debt Pay Strategies
(WSJ: separate paid subscription required)

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