DIP
Dimensions: Ames Department Stores
(DBN Subscription Required)
Letter
from Delaware: Financial relationships
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Kmart:
Ex-CEO
Conaway may get $9 million
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Kmart
Saw $2.42 Billion Loss in 2001, Is Being Investigated by U.S. Attorney
(WSJ:
separate paid subscription required)
Kmart
loses $2.4 billion
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Kmart
Revision Deepens Loss
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______________________
A
time to buy
(DBN Subscription Required)
Wire
Rope files for bankruptcy
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Accounting:
Andersen
Prosecution Witness Provides History of Document Destruction
(DBN Subscription Required)
Duncan
questioned on timing
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Congress
Hears Five Ways GAAP Falls Short
Andersen
ordered to turn over documents - Judge rules that Enron creditors should
be allowed to examine Andersen's financial condition
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Andersen
defense grills Duncan
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Computer
Associates Probe Widens; Former Auditors Are Subpoenaed
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Duncan:
SEC scared Andersen
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Duncan
bullied into plea, claims Andersen
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'Soul-Searching'
to Guilty Plea - Andersen Auditor Says He Didn't Think He Broke Law at
First
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Roundtable:
Duncan's Testimony
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Auditor
says shred order was `generally understood'
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Andersen
trial hears of fear and pressure
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The
Rise and Fall of David Duncan
(WSJ: separate paid subscription required)
___________________
Telecoms:
Canadian
court grants Teleglobe protection
(DBN Subscription Required)
Teleglobe
to File For Bankruptcy - 850 Layoffs Set Stage for Restructuring
(DBN Subscription Required)
XO
offers new reorganization plan
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McLeodUSA
sells more assets
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Metromedia
Fiber misses $32 mln interest payment
(DBN Subscription Required)
WorldCom
plans to tap $2.65 bln credit line
(DBN Subscription Required)
Cable
& Wireless plunges to record loss of £4.7bn
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XO
Communications Considering Alternate Restructuring Plan
(DBN Subscription Required)
Teleglobe
was a disaster waiting to happen
(DBN Subscription Required)
____________________
S&P
says at least 23 firms at debt triggers' mercy
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Globix
Still Shedding Losses
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Nexell
can't cure financial woes - Firm is considering best way to call it quits
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Traders
charged over $1.8bn scam
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Auditors
Figure in Metals Scheme
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Judge
OKs extension for Aladdin bankruptcy plan
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Power
Utilities:
Brobeck
Memo Tried to Extinguish 'Smoking Gun'
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CPUC's
PG&E plan to go forward
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Judge
Allows Vote on Rival PG&E Reorganization Plan
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CMS
Energy Admits Sham Trades Inflated Firm's Volume, Revenue
(WSJ: separate paid subscription required)
The
fallout continues to spread from Enron's questionable trading practices
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Special
Counsel Urged for Western Energy Price
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Lawyer
Testifies He Warned Enron Against California Energy Moves
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Lawyer
hired by Enron says he challenged California maneuvering
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Ag
Leaders Call on PG&E to Abandon Bankruptcy Reorganization Plan; Work
Cooperatively With State and Consumers
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PG&E
Issues Statement After Bankruptcy Court Approves CPUC's Disclosure
Statement
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Bankruptcy
warning highlighted as Sierra Pacific loses $303.9 million
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Lawmakers:
Enron's Calif. deals possibly illegal
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______________________
Law Firms:
Brobeck
Mulls Associate Salary Cuts
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_________________
Denver:
Creditors group forcing liquidation on Larsen
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3
Ex-Chiefs Discover Perils of Borrowing and Believing
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Airlines:
Rescuing
a Turbulent Airline
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US
Air boss calls for sacrifice
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$1
Billion or Bust For US Airways?
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Unions
Voice Concern to US Airways
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Worst
case may not be bad for region
___________________
Investors
look to Fed-Mogul for answers
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Hotel
Industry Full Of Delinquent Loans
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Napster:
Napster
assets face fire sale
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The
Day the Napster Died
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Napster
prepares for bankruptcy
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______________________
Asbestos:
U.S.
firms not seen copying PPG asbestos strategy
(DBN Subscription Required)
Asbestos
reconsidered
(DBN Subscription Required)
_____________________
Coho
Energy Announces Financial Results for First Quarter 2002
(DBN Subscription Required)
Farmland
Industries seeks solutions to stay alive
(DBN Subscription Required)
Bankrupt
Phar-Mor drawing interest
Washington
Group International, Inc. Reports First Quarter 2002 Preliminary Financial
Results
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SureWest
Explores WinFirst Acquisition
(DBN Subscription Required)
Designs,
Inc. Announces Completion of Casual Male Acquisition
(DBN Subscription Required)
Dairy
Mart expects loss to double to $63.2 million
(DBN Subscription Required)
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New
Bankruptcy Opinions
(2 new opinions today) Bankruptcy
Jobs - 143 Jobs - Last updated May 14, 2002
(DBN Subscription Required) Bankruptcy
Court Web/Pacer Site Directory
Bidders
throw dough at Friede unit
(DBN Subscription Required) SEC
Broadens Its Investigation Into Revenue-Boosting Tricks
(WSJ: separate paid subscription required) Enron: Trustee
to submit Enron examiner
(DBN Subscription Required) Enron
Creditors' Law Firm Says It Can Avoid Conflicts
(WSJ: separate paid subscription required) Toss
Milbank Off Enron Case, Judge Told
(DBN Subscription Required) Enron
Partners Argue for Removal of Law Firm
(NYT: separate free registration required) Army
secretary to testify on Enron
(DBN Subscription Required) DOJ
officials hope to name Enron examiner this week
(DBN Subscription Required) MSEB
wants Enron's Dahbol plant operating again
(DBN Subscription Required) _____________________ Delinquencies
Drop at GE Capital
(DBN Subscription Required) Adelphia: Adelphia
CEO resigns, audit suspended
(DBN Subscription Required) The
CEO shuffle
(DBN Subscription Required) Adelphia's
Rigas Quits Amid Loan Imbroglio
(DBN Subscription Required) Rigas
took Adelphia from small town to big time
(DBN Subscription Required) _____________________ Bankruptcy
Reform: Bankruptcy
Bill Drawn Into Abortion Issue
(DBN Subscription Required) Bankruptcy
Bill in Doubt
(DBN Subscription Required) Nonviolent
Abortion Protesters Don't Deserve This
(WSJ: separate paid subscription required) ________________ Bankruptcy
Calendar: May 2002
(DBN Subscription Required) Shareholders
left high and dry - Shedding light on bankrupt companies
(DBN Subscription Required) Daewoo
car deal leaves foreign plants out in the cold
(DBN Subscription Required) UroMed
Files for Chapter 7 Relief
(DBN Subscription Required) Clarus
proxy fight gets dirty
(DBN Subscription Required) Argentina: Argentine
Congress reforms bankruptcy law
(DBN Subscription Required) ________________________ Canada: Seagull
Pewter trying to settle with creditors
(DBN Subscription Required) _________________ Japan: Japan
bankruptcies rise in April, record high seen
(DBN Subscription Required) _____________________ England: FSA
warns that longevity is solvency threat for insurers
(DBN Subscription Required) Asbestos
victims await court ruling
(DBN Subscription Required) ____________________ Korea: Hynix
shareholders take on creditors
(DBN Subscription Required) Hynix
draws new suitor; advisers replaced
(DBN Subscription Required) ___________________
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