| Bankruptcy Reform:
Bankruptcy
Bill Nears Final Action in Congress
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___________________
Telecoms:
Qwest
Credit Lowered to Junk S&P Rating
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Qwest
head rips S&P downgrade
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KPNQwest
files for protection
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KPNQwest
files for protection
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Board
of KNPQwest resigns amid talk of bankruptcy
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Metrocall
Inks Deals With Creditors
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Telecoms
stocks take a beating
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WINfirst
may avoid Chapter 7
Trouble
Mounts at Qwest
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360networks
to delay release of financials
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_____________________
Seattle
investors buy bankrupt caviar firm
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AHERF
endowments to get money
Law Firms:
Eight
Gunderson Lawyers Get Axed in Second Round
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Survey
Ranks What Firms Pay Non-Lawyers
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Australia:
Starting salaries graduating to higher levels
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Thompson
Hine acquires Cleveland firm
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Shook
Hardy office merges with London firm
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__________________
Kmart:
Kmart
Seeks Independent Lawyers
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Kmart
letter accuses company of misleading shareholders
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Kmart
accused of lying - Whistleblowers claim execs misled and accountants knew
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Kmart
Loses $1 Billion in Five Weeks
(NYT: separate free registration required)
___________________ T.
Jay Collins Elected To Chairmanship of Friede Goldman
(DBN Subscription Required) BMK: Sun
Capital hikes BMK bid to $70M
(DBN Subscription Required) Court
Approves BMK Sale for $70 Million to Unit of Sun Capital Partners
(DBN Subscription Required) ___________________ Pentacon: Pentacon's
sale part of plan
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International Announces Proposed Acquisition of the Operations And Assets
of Pentacon, Inc.
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Spreads Blow Out
(DBN Subscription Required) Airlines: US
Airways sees grim cash situation
(DBN Subscription Required) US
Airways Proposes That Pilots Absorb $595 Million in Cuts
(DBN Subscription Required) Siegel
can't promise zero layoffs in US Airways restructuring
(DBN Subscription Required) Good
and bad in Midway report
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Sulzer
Settlement Acceptance/Bankruptcy Deadline Moved To May 30
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Adelphia:
Rigas,
Clan, Surrenders Adelphia, Forks Over $2 Billion
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It's
Rigas-cide!
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Rigas
family gives up control of Adelphia
Adelphia's
Rigas family steps aside
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Adelphia,
Rigas Family Had Vast Network of Business Ties
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_______________________
EToys:
EToys
Sues Goldman for Mishandling IPO
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EToys
takes Goldman to court
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______________________
College-Age
Adults at Risk for Money Abuse
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Accounting:
Andersen
watchdog vague on shredding
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Andersen
Prosecutors Make Unusual Move
(WSJ: separate paid subscription required)
Andersen
Prosecutors Set to Wrap Up Case Against Auditing Firm
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Andersen
shredder also shredded for FBI
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Georgia
High Court to Review Ruling on Accounting Firm
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Auditing's
bottom line: Accountancy must account for its credibility
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Texas
board wants to revoke Andersen license
(DBN Subscription Required) Calpers
to Vote Against Auditor Choices
(NYT: separate free registration required)
Andersen
watchdog says shredding not mentioned
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Andersen
Endures More Shake-Ups and Another Week in Court
Panel
Wants to Bar Andersen From Practicing in Texas
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FASB
Releases Exposure Draft on Guarantees
Dual-Auditor
Requirement Coming Just for Banks?
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Andersen
Prosecutors Want to Show Who Took The Fifth
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Andersen
Spin-Off Opens Doors to Fortune 500 Clients
_____________________
Bill
Knapp's files for Chapter 11
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Scandal
Sheet
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SEC's
Pitt says agency eyes analyst certification rule
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Analyst
reforms not bulletproof
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Shaw
to buy Beneco after all
(DBN Subscription Required) Steel: Algoma
Steel seeking new president and CEO
(DBN Subscription Required) EU
appeals steel tariffs levied by the U.S.
(DBN Subscription Required) Nucor
Blasts Bill Aiding Geneva
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Prandium,
Inc. Moves Forward With Existing Reorganization Plan
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Engler
backs Flint takeover, reforms fail to halt takeover, bankruptcy
possibility
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Halo
to sell marketing unit
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Executive
shuffle at J.P. Morgan
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Saf
T Lock/Chapter 7 -2: Listed Cash Of $142 At March 31
(WSJ: separate paid subscription required)
Questor
gets Aetna Industries
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New
Bankruptcy Opinions
(No new opinions today) Bankruptcy
Jobs - 111 Jobs - Last Updated May 20, 2002
(DBN Subscription Required) Bankruptcy
Court Web/Pacer Site Directory
Martha
Wilkinson Files Ch. 11
(DBN Subscription Required) Collapse
of a Nursing-Home Empire
(WSJ: separate paid subscription required)
Enron:
White
House, Enron Ties Detailed
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Enron
judge OKs counsel
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Democrats:
Latest WH info on Enron not enough
(DBN Subscription Required) Bankruptcy
veteran questions Enron efforts
(DBN Subscription Required) Judge
keeps Enron creditors' law firm on the job
(DBN Subscription Required) Enron
Developments
(DBN Subscription Required) White
House accused of dragging feet on Enron disclosure
(DBN Subscription Required) Rothschild
may win Dabhol financial advisor's job
(DBN Subscription Required) White
House's Enron worries ran deep, chronology reveals
(DBN Subscription Required) Federal
Agency Sets Up 'Enron Link'
(DBN Subscription Required) The
tide is turning Enron ripples to waves
(DBN Subscription Required) Export-Import
Bank questioned Enron's India project
(DBN Subscription Required) Duncan
`Naive' About Record Destruction, Witness Says
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Power Utilities: Pacific
Gas and Electric Company Files Settlement to Help Ensure Stable Market For
Natural Gas Deliveries
(DBN Subscription Required) Portland
Utilities May Have Aided 'Ricochet' Trading by Enron, Others
(DBN Subscription Required) Davis
asks FERC for $8.9 billion energy refund
(DBN Subscription Required) ____________________ Albany:
Lawrence Group's $5M fraud claim reinstated
(DBN Subscription Required) Arizona
bankruptcies increase 15%
(DBN Subscription Required) When
Japan has a cold, Hawaii sneezes, too
(DBN Subscription Required) Cincinnati:
Erpenbeck condos unit files Ch. 11
(DBN Subscription Required) 30
States Join Wall Street Probe
(DBN Subscription Required) Australia: Cotton
industry 'near collapse' due to hedging
(DBN Subscription Required) Credit
misuse drives up youth bankruptcy
(DBN Subscription Required) ____________________ Japan: Below-par
economy spells disaster for golf courses
(DBN Subscription Required) Japan's
Steel-Makers Sink Into Red
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Still World's Top Creditor
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Publishing gets life line
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Publishing gets more help
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bankruptcy is set aside
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