March 8, 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:

Legal counsel scrutinized in Enron collapse
(DBN Subscription Required)

Records Indicate a Lack of Direction for Executives in Deal-Approvals
(NYT: separate free registration required)

Enron spent $2.5 million on Bush lobbying
(DBN Subscription Required)

Enron gets approval to retain, pay law firm
(DBN Subscription Required)

Jackson Confident Enron Will Deliver
(DBN Subscription Required)

Congress Seeks Enron Records from Wachovia
(DBN Subscription Required)

Appeals court seeking briefs in ban on filing suits
(DBN Subscription Required)

Ex-Treasury Chief Made Pledge to Lay
(DBN Subscription Required)

Enron scandal touches Fed; central bank asked to save documents
(DBN Subscription Required)

Fedl Judge OKs One Law Firm For About 100 Enron Workers
(WSJ: separate paid subscription required)

Progress in Enron pay issue
(DBN Subscription Required)

Enron employees say law firm faces conflict of interest

Sale of Enron's Indian plant to be delayed
(DBN Subscription Required)

Enron Asks for Eight-Month Extension for Filing Reorganization Plan
(DBN Subscription Required)

Congress Asks Wall Street Firms To Furnish Enron-Related Records
(WSJ: separate paid subscription required)

___________________

Telecoms:

Report: XO Communications readying Chapter 11
(DBN Subscription Required)

Experts Split on NextWave Verdict
(DBN Subscription Required)

Gores pursue deal, separately
(DBN Subscription Required)

Warren Buffet offers helping hand to Williams
(DBN Subscription Required)

NYSE suspends Williams Comm., moves to delist
(DBN Subscription Required)

Big brother is watching
(DBN Subscription Required)

Telecom suppliers' Argentina exposure seen in mlns
(DBN Subscription Required)

Icahn may be readying bid for XO Communications
(DBN Subscription Required)

Icahn says opposed to XO Comm. restructuring plan
(DBN Subscription Required)

____________________

Conseco:

Conseco shares tumble - Moodys: bankruptcy possible, but not probable
(DBN Subscription Required)

Conseco CEO Says Finance Chief
Departed After Being Dismissed
(WSJ: separate paid subscription required)

____________________

Hollywood Casino Corporation Announces Bankruptcy Court Approval of Greate Bay Casino Corporation's Sale of ACSC
(DBN Subscription Required)

Official Says Minneapolis Financial Firm, Stockwalk Needs to Redo Reorganization Plan
(DBN Subscription Required)

Economy:

Greenspan says US recovery 'well under way'
(DBN Subscription Required)

Productivity, Jobless-Claims Data
Add to Optimism for the Economy
(WSJ: separate paid subscription required)

_____________________

Bankruptcy Court Sets Globix Confirmation Hearing Date for April 8, 2002
(DBN Subscription Required)

Kmart:

Kmart Gives Info Suggesting Up To 375 Stores May Close
(WSJ: separate paid subscription required)

___________________

Thermadyne Holdings Wants More Time To File Ch 11 Plan
(WSJ: separate paid subscription required) 

  Anna Nicole:

Judge awards Anna Nicole Smith $88m
(DBN Subscription Required)

Former Playmate Awarded $88 Million
(NYT: separate free registration required)

Judge rules pinup gets oilman's $89 million - Claim on estate confirmed despite brevity of marriage
(DBN Subscription Required)

Cha-Ching: Anna Nicole Cashes In
(DBN Subscription Required)

Judge rules true love, Playmate gets $88 million
(DBN Subscription Required)

______________________

Corporate Accountability:

Bush's corporate oversight plan too soft, Democrats say
(DBN Subscription Required)

Full text of Bush's shareholders protections
(DBN Subscription Required)

Feeling the heat
(DBN Subscription Required)

Cleaning Up the Boardroom
(NYT: separate free registration required)

Bush Shuns Proposal to Increase Execs' Liability
(DBN Subscription Required)

Bush shies from tough post-Enron protection
(DBN Subscription Required)

_________________

Chester Holdings, Ltd. Files Chapter 11 Bankruptcy
(WSJ: separate paid subscription required)

Accounting:

Arthur Andersen may be indicted today: sources: Alleged obstruction of government investigation
(DBN Subscription Required)

Andersen Told It May Face Charges Soon
(NYT: separate free registration required)

Arthur Andersen Threatened by Client Losses, Lawsuits
(DBN Subscription Required)

Andersen negotiations reach a crucial point
(DBN Subscription Required)

Arthur Andersen Needs Help to Survive
(NYT: separate free registration required)

U.S. weighs criminal charges against Andersen
(DBN Subscription Required)

Many Auditors Get Boot after Delivering Bad Financial News
(DBN Subscription Required)

Freddie Mac drops Andersen
(DBN Subscription Required)

Andersen woes deepen as Delta switches auditor
(DBN Subscription Required)

Investors are welcoming moves towards greater disclosure in reporting, but in the wake of the Enron debacle have the additional worry of whether they can trust the auditors
(DBN Subscription Required)

Aide says Andersen lawyer advised auditor to shred papers
(DBN Subscription Required)

Delta Air Drops Andersen
(NYT: separate free registration required)

White House Moves to Tighten Scrutiny of Accounting Industry
(DBN Subscription Required)

_____________________

Power Utilities:

PG&E files 2nd amended reorganization plan with court
(DBN Subscription Required)

PG&E Defends Including Windfall in Its Earnings Guidance for 2002
(DBN Subscription Required)

PG&E offers to keep 60% of its watershed lands
(DBN Subscription Required)

SoCal Edison Creditor Payments Stuck In CalPX Purgatory
(WSJ: separate paid subscription required)

PG&E execs' rich rewards
(DBN Subscription Required)

PUC looking at line between rate hike, Nevada Power bankruptcy
(DBN Subscription Required)

Nevada Power Rejects Suggestion of Bankruptcy
(DBN Subscription Required)

____________________

Judge puts off decision on IT sale to Shaw
(DBN Subscription Required)

 

New Bankruptcy Opinions
(1 new opinion today)

Bankruptcy Jobs - Updated March 7, 2002
(DBN Subscription Required)

Bankruptcy Court Web/Pacer Site Directory

Stay in Narco asbestos case extended
(DBN Subscription Required)

As many as 1 million chickens may be die from company's money woes
(DBN Subscription Required)

Law Firm Restructuring:

S&C Hopes to Profit From Valley Firms' Problems
(DBN Subscription Required)

Bay Area Firms Make Fewer Partners
(DBN Subscription Required)

Despite Recession, Lateral Partner Market Strong in South Florida
(DBN Subscription Required)

______________________

Banks Win in Tentative Deal with Irvine, Calif.-Based Mortgage Lender, First Alliance
(DBN Subscription Required)

Steel:

Cleveland-Cliffs to reopen plant it owns with LTV
(DBN Subscription Required)

National Steel names Kirk Sobecki CFO
(DBN Subscription Required)

National Steel Corp.'s Bankruptcy Leaves Creditors Scrambling
(DBN Subscription Required)

Despite bankruptcy, National Steel still interests U.S. Steel

State DEP confronts LTV

New Steel Tariffs Haven't Helped U.S. Companies' Ratings, S&P Says
(WSJ: separate paid subscription required)

A compromise on steel
(DBN Subscription Required)

St. Louis Steel Company Stays Hopeful after Parent Firm Files for Bankruptcy
(DBN Subscription Required)

Retaliation warned over U.S. steel tariffs
(DBN Subscription Required)

__________________

Several buyers eyeing bankrupt Aladdin
(DBN Subscription Required)

IRS Seeks Tax Cheats Through
Offshore Credit-Card Records
(WSJ: separate paid subscription required)

Bankruptcies of California nursing homes not led to many closures
(DBN Subscription Required)

Internet shutdowns slowing
(DBN Subscription Required)

Inter Parfums, Inc. Signs a Letter of Intent to Acquire Certain Assets of Tristar Corporation Out of Bankruptcy
(DBN Subscription Required)

ViaWest Enters Into Agreement to Acquire Assets of Bankrupt Verado Holdings
(DBN Subscription Required)

European Executives Begin Disclosing Their Closest Secret: Pay
(DBN Subscription Required)

Canada:

Country Style restructuring gets nod
(DBN Subscription Required)

____________________

Japan:

Foreign bank forces Japan bankruptcy
(DBN Subscription Required)

Sushi Chain Shows Bankruptcy's Not The End
(WSJ: separate paid subscription required)

Another Japanese regional bank goes bankrupt
(DBN Subscription Required)

____________________

China:

China Intensifies Efforts in Enterprise Merger, Bankruptcy
(DBN Subscription Required)

____________________

Korea:

New debts plague GM takeover of Daewoo
(DBN Subscription Required)

_________________

England:

Lenders seek to offload Energis debt at discount
(DBN Subscription Required)

Clifford Chance Partner In Lap-Dancing Controversy
(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.