March 20, 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

         
Enron:

Fastow points finger at Enron officials
(DBN Subscription Required)

Despite "serious reservations," court upholds for now a limit on Enron suits
(DBN Subscription Required)

Banks Get Tangled Up in Fall of Enron
(DBN Subscription Required)

Credit Raters Face Inquiry Over Enron
(NYT: separate free registration required)

Enron Creditors Trying to Salvage Andersen Settlement
(DBN Subscription Required)

Enron Failure Prompts Push for Regulation, Bloomberg Poll Shows
(DBN Subscription Required)

Andersen Cuts Settlement Offer
On Enron to Around $375 Million
(WSJ: separate paid subscription required)

Enron's Original Sins: Lies Began Long Before Current Crisis
(DBN Subscription Required)

Enron to put power contracts up for bid

Credit Raters Face Inquiry Over Enron
(NYT: separate free registration required)

Enron Ready to Hire Bank to Manage Retirement Plans
(DBN Subscription Required)

Houston Astros to Contribute $150,000 to Enron Employee Fund
(DBN Subscription Required)

Indian Lenders Go to Court Over Enron
(NYT: separate free registration required)

_____________________

Merrill Lynch to Start Buying Subprime Loans
(DBN Subscription Required)

Crane maker Grove gets big lift
(DBN Subscription Required)

Court approves trustee for Epic bankruptcy
(DBN Subscription Required)

Kmart:

Kmart executives could lose deferred pay
(DBN Subscription Required)

Kmart Boss Listens As Martha Stewart Offers Corporate Makeover Advice
(DBN Subscription Required)

Kmart struggles to survive, as its key competitors gain more ground
(DBN Subscription Required)

Hurt by Kmart, Malan Realty might liquidate
(DBN Subscription Required)

Malan Realty board recommends liquidation
(DBN Subscription Required)

Kmart to seek OK to close stores
(DBN Subscription Required)

___________________

Madster:

Madster corporations seek Chapter 11 shield
(DBN Subscription Required)

Bankruptcy Filings Stay Madster Suit
(DBN Subscription Required)

____________________

Mooney Aircraft:

Calif. firm acquires Mooney, plans to rehire furloughed workers
(DBN Subscription Required)

California Firm Buys Bankrupt San Antonio, Texas-Area Aircraft Maker
(DBN Subscription Required)

AASI Completes Mooney Acquisition
(DBN Subscription Required)

___________________

Group's financing for Jazzland fizzles
(DBN Subscription Required)

Airlines:

Some U.S. airlines may face bankruptcy-Boeing CEO
(DBN Subscription Required)

Collapse of Sabena airline costs Belgium 1.7bn euros
(DBN Subscription Required)

Blame continues over failed Australian airline
(DBN Subscription Required)

____________________

Kaiser Aluminum:

Kaiser gets spending money
(DBN Subscription Required)

Kaiser Aluminum Receives Final Approval of $300 Million DIP Financing
(DBN Subscription Required)

Out of work and just waiting
(DBN Subscription Required)

__________________

Polaroid:

Polaroid hangs on
(DBN Subscription Required)

Polaroid seeks OK of retention plan
(DBN Subscription Required)

____________________

  Delaware could get four more bankruptcy judges
(DBN Subscription Required)

ANC, creditor end dispute over president's salary
(DBN Subscription Required)

G-I Holdings Says Law Firm Backdated Asbestos Lawsuit Filings
(DBN Subscription Required)

Accounting:

Andersen indictment may have snowball effect
(DBN Subscription Required)

Andersen split faces legal pitfalls
(DBN Subscription Required)

Andersen Says Government's Obstruction-of-Justice Case Is Flawed
(DBN Subscription Required)

Andersen Is Changing, But Not According to Plan
(NYT: separate free registration required)

NYSE, Nasdaq Should Tighten Audit Committee Rules, SEC Says
(DBN Subscription Required)

Senator Says S&P, Moody's Should Face SEC Scrutiny
(DBN Subscription Required)

Senior Andersen Executive Defects to Smaller Chicago-Area Firm
(DBN Subscription Required)

Andersen expected to plead not guilty
(DBN Subscription Required)

Andersen Units Look to Reassure Suitor KPMG on Legal Issues
(NYT: separate free registration required)

Audit-Cleanup Measures Have
Support of Finance Executives
(WSJ: separate paid subscription required)

Andersen's Demand for a Speedy Trial Poses Risks, Experts Say
(DBN Subscription Required)

Q&A: Andersen offices defect to KPMG
(DBN Subscription Required)

Andersen Says Its Policy Lacked `Clarity' on Paper Shredding
(DBN Subscription Required)

Rivals Attempt to Take Clients of Arthur Andersen's Florida Practice
(DBN Subscription Required)

Andersen to Slip to Second Tier Without Affiliates
(DBN Subscription Required)

Andersen Advised Global Crossing, Qwest on Accounting For Swaps
(DBN Subscription Required)

Andersen hawks U.S., foreign units
(DBN Subscription Required)

Andersen charges questioned; Deloittes chief speaks out
(DBN Subscription Required)

Andersen Worldwide In Talks With KPMG
(DBN Subscription Required)

Dynegy, Enron suitor, drops Andersen
(DBN Subscription Required)

Ex-congressional auditor urges new accounting cop
(DBN Subscription Required)

Andersen Legal Network In Danger of Falling Apart
(DBN Subscription Required)

Andersen/KPMG merger could hit major hurdles
(DBN Subscription Required)

Crumbling Andersen Threatens Competition
(NYT: separate free registration required)

Accounting Panel Talks to Congress
(DBN Subscription Required)

March Madness Could Force Andersen to Foul Out
(DBN Subscription Required)

Ex-Goldman chairman Whitehead says accountants should not audit, consult
(DBN Subscription Required)

Andersen Faces Flight in Ranks

Accounting Professors See Much to Learn from Enron
(DBN Subscription Required)

Federal auditing board disbands
(DBN Subscription Required)

The Death Of Arthur Andersen? So What?
(DBN Subscription Required)

Unusual Approach to AA Lands DOJ on Slippery Slope
(DBN Subscription Required)

Andersen has slim chance to survive in U.S.-experts
(DBN Subscription Required)

_____________________

OCC Eyes Real Estate Lenders, Start-Ups in Problem Areas
(DBN Subscription Required)  

Mohr Meets Creditors
(DBN Subscription Required)

Dictaphone’s Chapter 11 plan includes independence from L&H, $30M credit line
(DBN Subscription Required)

 

 

New Bankruptcy Opinions
(No new opinions today)

Bankruptcy Jobs - Updated March 18, 2002
(DBN Subscription Required)

Bankruptcy Court Web/Pacer Site Directory

GE Medical wins MedicaLogic assets
(DBN Subscription Required)

Law Firms:

Law Firm Hiring Trends
(DBN Subscription Required)

____________________

Telecoms:

Debt-free Viatel resurrected as European network wholesaler
(DBN Subscription Required)

Global's Filings Failed to Note Business Link to Its Adviser
(NYT: separate free registration required)

KAB Group Asks Global Crossing for Information On Prior Relationships with Its Preferred Bidders
(DBN Subscription Required)

Mood at San Diego-Area Telecommunications Convention Reflects Hard Times
(DBN Subscription Required)

Global bankruptcy hearing rescheduled, again
(DBN Subscription Required)

___________________

Bankrupt Exodus sells facility
(DBN Subscription Required)

Cypress Foods Bankruptcy Disposition of Hens Complete Says Ag Chief
(DBN Subscription Required)

Shuttered Toy Company Files for Bankruptcy
(DBN Subscription Required)

Chiquita:

Chiquita peels out of Ch. 11
(DBN Subscription Required)

Chiquita emerges from bankruptcy protection
(DBN Subscription Required)

___________________

Dozens of companies could see cash squeeze
(DBN Subscription Required)

Era of trust in corporations coming to end
(DBN Subscription Required)

Bush Gets Tough on IRS Snooping
(WSJ: separate paid subscription required)

Tri-National Gets Contested Exclusivity Extension
(DBN Subscription Required)

US' KCS Energy posts loss, cites prices, Enron reserve

Standard Automotive Corporation to Facilitate Sale or Restructuring through Voluntary Chapter 11 Reorganization
(DBN Subscription Required)

Celadon buys assets of bankrupt Burlington
(DBN Subscription Required)

Bad debts can burn small businesses
(DBN Subscription Required)

Wall Street:

Triage Continues For Wall Street Brokers

Goldman's Net Slid 32% in Quarter;
Firm Warns It May Cut Work Force
(WSJ: separate paid subscription required)

_____________________

Steel:

EU weighing legality of retaliation on steel
(DBN Subscription Required)

Bethlehem Steel reports US$41.9M loss for January
(DBN Subscription Required)

Troy Mills buyout folds: Workers pull their plan to purchase the plant
(DBN Subscription Required)

Hart promises help for LTV retirees
(DBN Subscription Required)

___________________

China:

China rocked by wave of labour unrest 

Protests Arise in China's 'Rust Belt'

_____________________

England:

Lawyer in internet twins row bankrupt

____________________

Germany:

Kirch Bid to Avoid Bankruptcy Dims
(DBN Subscription Required)

___________________

Canada:

Hubbard Holding gets extension of time for filing a proposal
(DBN Subscription Required)

_______________________

If you received the Daily Bankruptcy News via email, to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here, or by going to BKINFORMATION.COM and clicking on the Bankruptcy News button.  Note that the Daily Bankruptcy News is distributed via "HTML email" in which the links to the news stories are embedded in the headlines.  The email you receive should look like a 3-column newspaper, with headlines for each story. If you receive the Daily Bankruptcy News by email and the copy you receive is not formatted like a 3-column newspaper, or does not seem to contain links to the news stories, you may have an email client that is not capable of receiving HTML email, or is not configured to display such email.  You can however, receive a daily email notifying you when the Daily Bankruptcy News is updated on the web site. If you would like to receive such an email, please let us know at admin@bkinformation.com  

Advertising
Advertising is available in the Daily Bankruptcy News in a variety of places, formats and prices. Go to http://bkinformation.com/DBN_ADs.htm  for a list of choices.  Feel free to contact us with any questions.

Passwords
Access to certain links in the Daily Bankruptcy News is available only to readers holding a paid subscription.  These links are currently marked with a "DBN Subscription Required" notation. The cost of a subscription is $3
9/year, payable annually.  Volume discounts are available for sites with multiple users.  Complimentary subscriptions are available for full-time  educational and governmental employees. For information about discounts or educational/governmental subscriptions, contact us at admin@bkinformation.com. A separate password is required for each member of a firm wishing access to restricted links. New readers can receive a free password good for 30 days by going to http://bkinformation.com/RegistrationForm.cfm. Readers who wish to change their passwords should go to http://bkinformation.com/ChangePasswordForm.cfm. Readers who have forgotten their password should go to http://bkinformation.com/GetPassword.cfm

Adding Your Email Address To The Distribution List
If you would like to start receiving the Daily Bankruptcy News by email each day, go to http://bkinformation.com/SubscribeDBNForm.cfm  and fill in the information requested.  There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us at admin@bkinformation.com for help.  

Removing Your Email Address From The Distribution List
If you already receive Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear.  Note that the email must be sent from the same email address at which you are receiving the Daily Bankruptcy News. You do not need to type anything in the body of the email message.   If you do not receive an email confirming deletion of your email address from the distribution list  for the publication, contact us at admin@bkinformation.com for help.

Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C.  You can reach us at 281-242-6208 or at admin@bkinformation.com 

Copyright 2001-2002  [BKINFORMATION.COM]. All rights reserved.